International Financial Reporting Standards

In the near future, no significant changes in the field of licensing and toughening of the conditions for issuing licenses are forecasted.Development and implementation of new technologies. Further development and implementation of new technologies is expected.Development and use of specialized software products. Further development in this area is forecasted.The social factor does not have a significant impact on the activities of Nestlé. Among the components of this factor, an increase in the level of education in the country is favourably influenced, which will allow attracting young and highly qualified specialists to work.Based on the results obtained, we will compile a list of the company's opportunities and threats (Table 3).Table 3 - Opportunities and threats of Nestlé, determined by the action of macroenvironmental factors [1]Macro environment factor blocksCapabilitiesThreatsEconomic1. Savings in wage costs due to the high level of unemployment.2. Tax incentives.3. Favourable investment climate in the country.4. A sharp increase in demand for products.1. Increased tax burden.2. The lag of the growth rate of the cost of design work from the cost-generating factors.3. Increase in interest rates on loans.4. An increase in market size can lead to increased competition.Macro environment factor blocksCapabilitiesThreatsPolitical1. Positive changes in legislation.2. Simplification of the conditions for conducting electronic trading.3. Active support of the state.1. Adoption of new "unfavourable" laws.2. Tightening the conditions for obtaining SRO approvals and licenses.3. Expansion of the list of licensed activities.4. Tightening of requirements in terms of safety and environmental conditions.Technological1. Growth in the volume of orders for products.2. Reducing the complexity of the work performed by automating their implementation.3. Application of innovative developments in project documentation.4. Application of new software.5. Expansion of the scope of activity1. Decrease in the rate of industrial production.2. Reducing the need for the introduction of new technology.3. "High cost" and duration of technology introduction.Social1.Increasing the influx of young professionals.2. Professional development of personnel.3. Growth in consumption of e.1. Decrease in the standard of living in the country.2. Decrease in population growth.3. The impossibility or high cost of the formation of qualified personnel due to its shortage.Part 3 Firm ESG Indicators, Source of Value CreationESG score for Nestlé: ESG-II Very high level of stakeholder compliance in the - area of ​​sustainable development in key business decisions of the companySource of value creation Nestle:Staff;Technologies;Corporate culture;Corporate responsibilityBibliographyNestle Company DatabaseOfficial website of Nestle, [Electronic resource], access mode: https://www.nestle.com, date of access: 19.04.2021