Investors support food and beverage companies and government over “nutrition crisis”


The combination of illustrations shows apples, bananas, pears, celery, pepper, lettuce heads, parsnips, cucumbers and onions, taken on November 20, 2018, wrapped in plastic purchased at a supermarket. (Lisi Niesner / Illustration / Reuters)

London — Investors managing $ 12.4 trillion in assets on Tuesday move to government and businesses to promote healthier food and drink to fix what’s called the “global nutrition crisis.” Asked to accelerate.

Poor diets are a major cause of death and illness, with personal, social and economic costs affecting the value they hold, 53 investors said in a pledge at the Tokyo Nutrition Summit 2021. rice field.

Investors, including PIMCO and UBS Asset Management, are financially and regulatory for policy makers to support healthy packaged foods and do more to achieve the nutritional goals set by the Global Health Organization. I asked you to take appropriate measures.

Growth Summit 2021 High Level Session
The Tokyo Nutrition Summit 2021 High Level Session will be held in Tokyo on December 7, 2021. (AFP via Jiji Press / Getty Images)

Meanwhile, food and beverage companies were asked to undertake three actions, including annually reporting the percentage of sales generated by healthy products and their percentage of the total product mix.

Companies also use their own developed system to define what constitutes a healthy product and create “Investor Expectations for Nutrition, Diet and Health” created by investors with the support of nonprofits. You must adopt the commitments stated in the document. Nutrition initiative.

Investors said they would contract with 20 companies listed on the ATNI Global Index 2021, including Nestle and Unilever, or ask fund managers to invest on their behalf.

They said they would share information about negotiations with companies through quarterly or annual reports and use that information to guide investment decisions.

“Investor pledges represent the urgent action required of businesses, investors and governments to accelerate global nutritional progress,” said Frank Wagemans, Senior Engagement Specialist at Achmea Investment Management.

“Investors understand not only the macroeconomic resistance posed by nutrition, but also the serious social consequences of malnutrition, which is considered a significant economic and social risk.”

According to ATNI, the cost of malnutrition is estimated to reach about 5% of the world’s annual income, or about $ 3.5 trillion.

Simon Jessop