Nestlé UK & Ireland has ranked first in a new index looking at the social, environmental and economic performance of the UK’s 30 largest food companies.
Tortoise Media’s ‘Better Food Index’ uses data from a range of sources to determine 106 different indicators of how well companies walk the walk and talk the talk in areas like environment, affordability, nutrition and financial sustainability. The index also examines how transparent companies are about their operations.
Tortoise says that the Better Food Index aims to “hold power to account” and “shine a light on some of the best and worst practices within the food industry.”
Katherine Clifford, Head of Public Affairs for Nestlé UK & Ireland said: “We are really pleased to be ranked first in Tortoise’s new index. It reflects a lot of the hard work that many people across Nestlé are putting in to make our business more and more responsive to the challenges of the modern world.
“The index rightly recognises the significant impact that food companies have on people and the planet and we are acutely aware that we must redouble our efforts to be part of a forward thinking industry supporting a food system that is truly sustainable. It is great to recognise our progress but we cannot afford to stand still and there is much more work to be done.”
Nestlé was the only company to receive a “Walk” score of more than 50/100 (defined as the tangible impact that companies have on the food sector as well as actions taken to improve sustainability performance).