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OPINION: It is the biggest dairy company in the world but Nestle is under pressure after admitting that more than 60% of its biggest selling products are not exactly healthy.
In an internal presentation for its top executives – seen and reported on by the Financial Times – the world’s largest food company said the majority of its popular products don’t meet “a recognised definition of health”.
The Times reported that the assessment applied to about half of Nestle’s overall portfolio – or about half of its near €85bn annual revenue.
Reports point to predictable areas like confectionery, ice cream and pizzas as the problems for Nestle, leading some analysts to suggest an overhaul of the group’s product portfolio and even an exit from mainstream confectionery.
A partnership between Canterbury milk processor Synlait and the world's largest food producer, Nestlé, has been celebrated with a visit to a North Canterbury farm by a group including senior staff from Synlait, the Ravensdown subsidiary EcoPond, and Nestlé's Switzerland head office.
OPINION: One of the world's largest ice cream makers, Nestlé, is going cold on the viability of making the dessert.
OPINION: Media reports say global recalls tied to cereulide toxin contamination in milk-based nutrition brands could inflict combined financial losses exceeding $1 billion.
OPINION: At a time when dairy prices are at record highs, no one was expecting the world's second largest dairy player to slash jobs.
The ACT Party says media reports that global dairy giant Nestle has withdrawn from the Dairy Methane Action Alliance shows why New Zealand needs to rethink its approach to climate.
New Zealanders are being urged to be alert following a confirmed positive case of H5 bird flu this week.
With a third of NZ dairy farmers still running outdated refrigerants, the country's largest farm refrigeration company says the opportunity for quick, meaningful emissions gains has never been clearer.
OPINION: Farmers are being put on notice by the Green Party.
As dairy farmers lock in plans for the upcoming mating season, a partnership between Fonterra and Silver Fern Farms has been formed with the aim of making it simpler to create additional value from calves not entering the replacement herd.
Farmers can now get a more reliable view of pasture covers across their farm, thanks to a combination of three data sources.
A warning to dairy farmers not to expect the same good conditions that they experienced last season, has been issued by a leading farm consultant.
OPINION: City and regional councils have been put on notice - stop using extreme climate forecasting scenarios that can drive…
OPINION: The Green Party’s rivers and oceans policy may have a new name but nothing else has changed.
