background image

Big Food should be ESG’s next target

author image

By illuminem briefings

· 2 min read


illuminem summarizes for you the essential news of the day. Read the full piece here in The Washington Post or enjoy below 

🗞️ Driving the news: In light of increasing worries over the health effects of ultra-processed food (UPF), some are challenging whether ESG points should be awarded to food companies selling potentially harmful products
• They propose health offset strategies, like "nutri-credits", mirroring current carbon and biodiversity credits that counteract environmental harm

🔭 The context: UPFs are associated with health risks including obesity, cancer, diabetes, heart disease, and strokes
• Despite these detrimental health impacts, major food corporations are still significant holdings in global portfolios, without enough attention paid to the health-related aspect of their social responsibility

🌎 Why does it matter for the planet: The detrimental health effects of UPFs have broad societal implications, straining healthcare systems, reducing productivity, and decreasing overall quality of life
• If ESG factors are to be a true reflection of a company's impact on society, health outcomes from product consumption should be a key consideration

⏭️ What's next: There's still a lack of consensus on how to measure and report on health impacts in the food industry
• Establishing a harmonized, evidence-based ESG-nutrition metric could be a step forward, but implementing it will require broad industry cooperation and likely regulatory intervention

💬 One quote: “We have started eating substances that can’t really even be called food: emulsifiers, low-calorie sweeteners, stabilizing gums, humectants, flavor compounds, dyes, color stabilizers, carbonating agents, firming agents and bulking and anti-bulking agents” (Dr. Chris van Tulleken, infectious diseases doctor)

📈 One stat: A 2021 report indicated that over 60% of Nestle SA's products do not meet a "recognized definition of health"

Click for more news covering the latest on ESG

Did you enjoy this illuminem voice? Support us by sharing this article!
author photo

About the author

illuminem's editorial team - providing you with concise summaries of the most important sustainability news of the day.

Follow us on Linkedin, Twitter​ & Instagram

Other illuminem Voices


Related Posts


You cannot miss it!

Weekly. Free. Your Top 10 Sustainability & Energy Posts.

You can unsubscribe at any time (read our privacy policy)