Nestlé, the owner of KitKat, faced significant shareholder pressure at its Annual General Meeting (AGM) to reduce its reliance on unhealthy products high in sugar, fat, and salts. A resolution demanding the company to increase the proportion of sales from healthier products was up for vote. This initiative aligns with efforts to protect the long-term brand value and growth by prioritizing healthier products. Despite the push, Nestlé managed to resist these pressures, continuing its traditional product strategy.
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KitKat owner Nestlé fights off push to cut back on unhealthy products https://t.co/EhwPJKs8qB
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A resolution filed by a group of @Nestle shareholders will go to vote today at its AGM, demanding one of the world’s biggest food makers reduces its reliance on products with high levels of sugar, fat and salts. 💪🤞 https://t.co/GOfD9Gzkoz https://t.co/xSnNtlVP2J
Prioritising the sale of healthier products will help Nestlé protect long-term brand value and growth -and protect our citizens. A shareholder resolution @Nestle AGM today will ask Nestlé to set a target to increase the proportion of its sales that come from healthier products. https://t.co/qPjVJcpTo2
KitKat owner Nestlé faces vote forcing it to cut back on unhealthy products https://t.co/VilVr6dojz
“The only reason why @Nestle does it is basically because they know that kids like #sugar and they will come back and want their product,” says @LGaberell @TIME about #Nestlé|s unjustifiable and harmful double standard. “It's just to increase the sales.” https://t.co/ed99EFFIk3