Tesco shows investor power by moving fast on healthy food

Tesco supermarket food retail health from co for use Mar21 575x375
By Jon Hay
08 Mar 2021

Tesco, the UK supermarket chain, has reacted quickly by setting new targets to sell healthier food, less than a month after a group of shareholders filed a resolution calling for this — a sign of how sensitive companies are to having environmental, social and governance motions voted on at their annual general meetings.

The coronavirus pandemic has given a new edge to campaigns for better nutrition. Severely obese people have been three times more likely to be admitted to intensive care with Covid-19, the investors pointed out.

The resolution made four specific demands, all of which Tesco has agreed to implement in ...

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