Companies
Nestlé faces investor challenge over healthy food targets
Shareholders want the Swiss company to set targets to increase sales of healthier foods
Nestlé is facing a formal demand from some shareholders to significantly improve the amount of healthy food the Swiss consumer group sells.
A coalition of investors, led by ShareAction, has filed a resolution asking the maker of Kit Kat to set targets to increase sales of healthier foods, at a time of surging ill health related to poor nutrition worldwide. It also wants Nestlé to implement internationally accepted standards that define healthy food.
For the ...