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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The ACT Party says media reports that global dairy giant Nestle has withdrawn from the Dairy Methane Action Alliance shows why New Zealand needs to rethink its approach to climate.
Good medium to long term prospects for NZ beef, especially in the US, has heighted the focus on various initiatives to capitalise on this situation.
High country stations, mixed sheep and beef farms, Māori-owned farms, corporates and family operations are among the nine commercial farms taking part in the Livestock Innovation Farming Transformation programme, known as LIFT.
OPINION: New health and safety guidance unveiled by the Government recently provides farmers greater certainty about what is expected of them when managing risks on farm.
The National Animal Welfare Advisory Committee (NAWAC) is seeking public feedback on proposed changes to the Code of Welfare for Rodeos.
A New Zealand initiative supporting farmers to restore the health of grazing landscapes has received international backing through the Regenerative Fund for Nature, a global collaborative fund supporting regenerative agriculture and the communities that produce natural fibres for the fashion industry.
Combine premium New Zealand products, blend in a family ritual and what do you get? A world-class functional drink.
OPINION: It seems Canterbury processor Synlait is still in the doldrums.
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.
