Nestle Updating Nutrition Strategy Amid Report of Health-Rating Shortcomings
May 31 2021 - 4:50AM
Dow Jones News
By Joshua Kirby
Nestle SA is working to update its nutrition and health
strategy, the Swiss consumer-goods giant said Monday, following
media reports that an internal document acknowledged a major part
of its products fall short of health criteria.
The company is looking at its entire portfolio, a spokesman told
The Wall Street Journal. Earlier Monday, the Financial Times
reported that the company admitted more than half of its mainstream
food and drinks products failed to attain a healthy rating under a
star system applied by the Australian government, according to an
internal document.
The strategy will focus on those parts of the portfolio that can
be assessed via external criteria such as the star system, Nestle's
spokesman said. However, such rating systems don't apply to around
half of the company's sales, covering areas such as infant
nutrition, specialist health products and pet food, which are
regulated by separate health standards, he said.
"We believe that a healthy diet means finding a balance between
well-being and enjoyment. This includes having some space for
indulgent foods, consumed in moderation," the spokesman said.
Write to Joshua Kirby at joshua.kirby@wsj.com;
@joshualeokirby
(END) Dow Jones Newswires
May 31, 2021 04:40 ET (08:40 GMT)
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