Unilever Faces New Attack From Investors Over Health Credentials | Bloomberg

20 January 2022

This article published in Bloomberg in January 2022 covers the health-focussed resolution co-filed at Unilever by a group of investors coordinated by UK Responsible Investment charity ShareAction.

The resolution urges Unilever to:

  • Disclose the current proportion of sales linked to healthier products – as defined by government-endorsed nutrient profiling models,
  • Set targets to “significantly increase” that share by 2030, and
  • Publish an annual review of progress.

“The Access to Nutrition Initiative, a benchmarking organization for food companies, found last year that less than a fifth of Unilever’s sales of food and drinks were derived from healthy products. By comparison, such products made up 60% of sales at Danone SA and 40% at Nestle SA, it said.”

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