Nestle Document Says Majority of Its Food Portfolio is Unhealthy
The world's largest food company, Nestle, has acknowledged that more than 60% of its mainstream food and drinks products do not meet a "recognised definition of health" and that "some of our categories and products will never be 'healthy' no matter how much we renovate." FT: A presentation circulated among top executives this year, seen by the Financial Times, says only 37 per cent of Nestle's food and beverages by revenues, excluding products such as pet food and specialised medical nutrition, achieve a rating above 3.5 under Australia's health star rating system. This system scores foods out of five stars and is used in research by international groups such as the Access to Nutrition Foundation. Nestle, the maker of KitKats, Maggi noodles and Nescafe, describes the 3.5 star threshold as a "recognised definition of health." Within its overall food and drink portfolio, about 70 per cent of Nestle's food products failed to meet that threshold, the presentation said, along with 96 per cent of beverages -- excluding pure coffee -- and 99 per cent of Nestle's confectionery and ice cream portfolio. Water and dairy products scored better, with 82 per cent of waters and 60 per cent of dairy meeting the threshold.
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