Investors Push Food Manufacturers Like Kellog, Kraft Heinz To Set New Health Targets: FT

• Investors are pushing food manufacturing multinationals including Nestle S.A. (OTC:NSRGY), Danone (OTC:DANOY), Kraft Heinz Co (NASDAQ:KHC), and Kellogg Co (NYSE:K), to set out new disclosures and targets on well being, Financial Times reported.
• The move comes after Unilever Plc (NYSE:UL) mentioned it would publish diet scores for its meals portfolio towards exterior metrics.
• The report noted that traders, along with the Authorized & Common Funding Administration and BMO International Asset Administration, have written to the boards of the businesses forward of their annual conferences, voicing shareholder concern about diet and weight problems.
• "Traders want corporations to make use of standardized well-being metrics to find out their publicity to regulatory threat and their relative place to rivals," the report quoted Ignacio Vazquez, senior supervisor at ShareAction.
• The push for meal manufacturers to refine their health credentials comes as governments globally tighten laws to curb weight problems.
• Price Action: K shares closed lower by 0.01% at $69.32 on Monday.