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Why investors are targeting food companies like Nestlé

Nestlé chocolate bars
Nestlé says it is ‘the first company to report on the nutritional value of its entire global portfolio’ (Photo: Denis Balibouse/Reuters)

A shareholder group is urging Nestlé to shift away from unhealthy products because of the ‘systemic risks’ they pose to investors, while campaigners warn about the food industry’s ‘rampant’ greenwashing.

Nestlé is the latest food company to have its sustainability claims questioned. Ahead of Nestlé’s annual meeting in Switzerland on March 20, a group of 26 investors responsible for around $3tn of assets called on the manufacturer to do more to improve its impact on population health.

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