Nestle working to update nutrition, health strategy
New Delhi, June 1: Swiss FMCG major Nestle SA said it is looking across its entire portfolio to increase the nutrient profile of its products, following international media reports that 60 per cent of the company's mainstream food and drinks portfolio failed to meet a "recognised definition of health" and nutrition.
Nestle is working on a company-wide project to update its nutrition and health strategy. It is looking at its entire portfolio to ensure that its products are helping meet their nutritional needs and supporting a balanced diet, a Nestle SA spokesperson said.
On Monday, Financial Times reported that the majority of Nestle's mainstream food and drinks portfolio failed to meet recognised standards of health and nutrition.
"The world's largest food company, Nestle, has acknowledged that more than 60 per cent 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", the Financial Times report said quoting a Nestle document.
A presentation circulated among top executives this year, seen by the Financial Times, said that 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.
"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," the media report noted.
While issuing a global statement, Nestle— maker of KitKat, Maggi and Nescafe— said it is working on a companywide project to update its nutrition and health strategy. "We are looking at our entire portfolio across the different phases of people's lives to ensure our products are helping meet their nutritional needs and supporting a balanced diet," he said.—