This report provides an in-depth analysis of the ethical dilemma faced by Nestle concerning its marketing practices related to baby formula. The report examines the controversy surrounding Nestle's aggressive and deceptive marketing strategies in developing countries, which allegedly contributed to infant deaths. It delves into Nestle's current operations, the identification of the ethical issue, and its impact on the company and its stakeholders, including mothers, infants, and shareholders. The report discusses Corporate Social Responsibility (CSR) theories and their relevance to the case, specifically the stakeholder theory. It concludes with a reflective analysis, offering recommendations for preventing similar CSR disasters in the future. The report highlights the importance of ethical marketing practices, particularly in the context of vulnerable populations, and emphasizes the need for companies to consider the potential consequences of their actions on all stakeholders.