In a study of 350 of the world’s largest food and agriculture companies, many big food companies were found to be “failing dismally” on key ESG issues, including climate change and human rights. Of the 350 companies studied, only 26 are working to reduce greenhouse gas emissions, 309 aren’t doing enough to eliminate forced labor, and 201 aren’t prioritizing healthy foods, according to the report.
Some food companies are prioritizing environmental, social, and governance (ESG) efforts. For instance, Nestle, a food brand that has committed to a net zero pathway, was recently cited as the only food brand in the Top 100 companies, judged purely on ESG metrics, per a recent Wall Street Journal survey.
Read the full article at: foodindustryexecutive.com
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