South Africa: Nestlé to 'Evolve' Nutrition and Reporting After Investor Criticism of Healthy Food Targets

6 July 2025
Daily Maverick (Johannesburg)

The Global Access to Nutrition Index 2024 by ATNi found that of product sales, only 32.7% are from healthier Nestlé products.

Nestlé CEO Laurent Freixe posted on LinkedIn that after another meeting at the end of 2024 with ShareAction investors they agreed to "evolve Nestlé's reporting on nutritional value of the company's portfolio" as well as "make it easier for investors to compare companies and their portfolios across the food industry".

This came after March 2024, when ShareAction, the responsible investing charity, filed a resolution asking Nestlé to set targets to increase the sales of healthier foods, and apply internationally accepted standards that define healthy foods.

This means that Nestlé's portfolio may be moving towards more transparency, as well as hopefully pushing the marketing and sales of healthier foods. ANTi analysed the Nestlé product portfolio at the end of 2024, finding that only 32.7% of the sales are from healthier Nestlé foods and beverages.

"I think that there is still a very long way to go - although I guess a little credit must be given for the slight shift towards healthy food," said Sue Goldstein, public health medicine specialist and division director at the SAMRC Centre...

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