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Global food giant’s dark secrets leaked, impacting your health

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Global food giant Nestle is developing a new nutrition strategy after a leaked internal document shows most of its food and drinks are unhealthy.

An internal presentation circulated among top executives earlier this year revealed more than 60 percent of Nestle’s mainstream food and drinks portfolio didn’t meet “recognised definition of health”.

The document stated that “some [Nestle] categories and products will never be ‘healthy’ no matter how much we renovate”.

The presentation, seen by the Financial Times, revealed that only 37 percent of Nestle’s food and beverages by revenues (not including products such as pet food, baby food and specialised medical nutrition) achieved a rating of over 3.5 under Australia’s five-star health rating system. 

Nestlé, the maker of KitKats, Maggi Noodles and Nescafé, describes the 3.5 star threshold as a “recognised definition of health”. This system scores foods out of five stars and is used in research by international groups such as the Access to Nutrition Foundation.

The Alarming Results

Within its overall food and drink portfolio, approximately 70 percent of Nestlé’s food products failed to meet that threshold, the presentation said, along with 96 percent of beverages — excluding pure coffee — and 99 percent of Nestlé’s confectionery and ice cream portfolio.

Water and dairy products scored better, with 82 percent of waters and 60 percent of dairy meeting the threshold.

“We have made significant improvements to our products [but] our portfolio still underperforms against external definitions of health in a landscape where regulatory pressure and consumer demands are skyrocketing,”

the presentation stated.

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Money

The integral step to entering the property market

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In the debate surrounding housing affordability, a divergence emerges between media portrayals and stark realities. While the crisis is often depicted as insurmountable, critics argue that individuals tend to blame external factors rather than taking personal responsibility.

Despite challenges, advocates urge a shift from despair to possibility, emphasizing personal agency and proactive pursuit of homeownership goals. Thus, while acknowledging the hurdles, reframing the discourse empowers individuals to navigate the housing market with resilience and determination, making the dream of owning a home a tangible reality for those willing to seize it. #Trending #Featured

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LA real estate agent reveals the secret to success

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What does it take to be a top performing real estate agent?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark delves into the fast paced world of LA luxury real estate with renowned agent, Glen Coutinho from Rodeo Realty Beverly Hills. #wyld money #trending

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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