Companies

Nestlé faces investor challenge over healthy food targets

Shareholders want the Swiss company to set targets to increase sales of healthier foods

Pressure is growing on food companies to make their range of products healthier. Picture: NurPhoto

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 ...