Asset Management

Unilever shareholders flag consumer giant’s ‘blind spot’ and demand greater sales of healthier products

A cohort of investors want Unilever to shift its focus to selling healthier food and drink products

Unilever shareholders have singled out the health profile of its food and refreshments division – the business arm which generates €19.1bn annually, or approximately 40%, of the group’s total sales
Unilever shareholders have singled out the health profile of its food and refreshments division – the business arm which generates €19.1bn annually, or approximately 40%, of the group’s total sales Photo: Kevin Dietsch/Getty Images

Unilever has been targeted by a cohort of influential global investors calling on the consumer goods giant to address a “blind spot” over the healthiness of the food and drink products it sells.

Almost a dozen investors overseeing $215bn, including the Greater Manchester pension fund and asset managers Candriam and CLLA, have co-filed a shareholder resolution with the makers of Ben & Jerry’s ice cream and Hellman’s Mayonnaise, which is widely regarded as a leader in sustainable business.

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