By Modupe Gbadeyanka
An initiative to assist about 10 million young people around the world to have access to economic opportunities has been launched by Nestle Plc.
The leading global beverage firm said the global youth initiative is tagged Nestlé needs YOUth.
According to the company, it hopes to achieve this target by the year 2030.
It explained that the global initiative brings together all of the efforts to support young people around the world that Nestlé undertakes on its own and with others, including the Alliance for YOUth.
In addition to employability, the initiative now also focuses on the next generation of farmers and entrepreneurs across Nestlé’s value chain.
It also seeks to encourage innovation, including through a challenge on the HENRi@Nestlé open innovation platform.
Nestlé is backing up its commitment by being one of the first companies to join the Global Initiative on Decent Jobs for Youth led by the International Labour Organisation (ILO).
Nestlé CEO, Mr Mark Schneider, who made the announcements, spoke at events around the recently held UN General Assembly week.
He stressed that investing in young people is important to achieve the Sustainable Development Goals. At the same time, it is a far-sighted investment for companies as it boosts economies and business.
Adedapo Adesanya