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Tesco Faces Shareholder Vote To Do More To Tackle UK Obesity

Published on Feb 10 2021 10:19 AM in Retail tagged: Trending Posts / UK / Tesco / Shareholders / Obesity / AGM / Paywall

Tesco Faces Shareholder Vote To Do More To Tackle UK Obesity

Tesco shareholders will vote on a resolution at this year's annual meeting, calling for Britain's biggest food retailer to set targets to increase the proportion of healthy products it sells.

The supermarket group is the first company in the FTSE 100 index to be hit with an investor resolution on health grounds, responsible investment group ShareAction, who are co-ordinating the move, said.

"With severely obese people three times more likely to be admitted to intensive care with COVID-19, the pandemic has highlighted the urgency of tackling mounting obesity levels," it said.

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