Nestle reviews strategy after damning report about its food portfolio

Nestle reviews strategy after damning report about its food portfolio

Nestle, the Swiss FMCG major, has said that it is reviewing its entire portfolio to update the nutrition and health strategy. The development comes days after a report in Financial Times claimed the majority of Nestlé’s mainstream food and drinks portfolio failed to meet recognised standards of health and nutrition.

The Financial Times report on Monday quoted from a Nestle document to say the company has acknowledged that more than 60 per cent of its mainstream food and drinks products do not meet a “recognised definition of health”.

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