nestle business ethics

Often times in the world of business, ethics and maximizing profit do not go hand and hand. A prime example of this is the company Nestle. The article discusses how a multi billion dollar corporation is permitted to continually extract the ground water in B.C.

In my opinion, I feel that while it is easy to blame Nestle for abusing the groundwater in B.C., one also needs to deem the B.C. government as culpable for not putting any sort of limit or fee on the extraction of water. I think Nestle is actually moving in the right direction, due to the fact that it mentions in the article that “[Nestle is] largely supportive of what the government is trying to do”. I feel that Nestle should consider lowering the price of their water because people are not going to purchase as much bottled water, considering that the tap water is regarded as clean. Therefore, it is possible that Nestle is actually losing money. This will hopefully paint Nestle as a more ethically sound company, which will help improve their public perception.

Source: http://www.timescolonist.com/news/local/wild-west-of-groundwater-billion-dollar-nestl%C3%A9-extracting-b-c-s-drinking-water-for-free-1.587568

argely supportive of what the government is trying to do – See more at: http://www.timescolonist.com/news/local/wild-west-of-groundwater-billion-dollar-nestl%C3%A9-extracting-b-c-s-drinking-water-for-free-1.587568#sthash.tbcVO4OC.dpuf
argely supportive of what the government is trying to do – See more at: http://www.timescolonist.com/news/local/wild-west-of-groundwater-billion-dollar-nestl%C3%A9-extracting-b-c-s-drinking-water-for-free-1.587568#sthash.tbcVO4OC.dpuf

argely supportive of what the government is trying to do – See more at: http://www.timescolonist.com/news/local/wild-west-of-groundwater-billion-dollar-nestl%C3%A9-extracting-b-c-s-drinking-water-for-free-1.587568#sthash.tbcVO4OC.dpuf
argely supportive of what the government is trying to do – See more at: http://www.timescolonist.com/news/local/wild-west-of-groundwater-billion-dollar-nestl%C3%A9-extracting-b-c-s-drinking-water-for-free-1.587568#sthash.tbcVO4OC.dpuf
argely supportive of what the government is trying to do – See more at: http://www.timescolonist.com/news/local/wild-west-of-groundwater-billion-dollar-nestl%C3%A9-extracting-b-c-s-drinking-water-for-free-1.587568#sthash.tbcVO4OC.dpuf

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