New research by Oxfam America into the social and environmental policies of the world’s 10 biggest food and beverage companies puts Nestle, Unilever and Coca-Cola at the top of the list and Associated British Foods, Kellogg’s and General Mills at the bottom. In the middle of the pack are Pepsico, Mars, Danone and Mondelez International (formerly Kraft).
Oxfam American said in a presss release that the Big 10 food and beverage companies, which together make $1 billion a day, are “failing millions of people in developing countries who supply land, labor, water and commodities needed to make their products.”
That stark accusation was tempered more than a little during a telephone news conference where Oxfam America launched a new global consumer-focused campaign called Behind the Brands.
Ray Offenheiser, the president of Oxfam America, described the big food companies as “recognized industry leaders.” Jane Nelson, a senior fellow at Harvard who specializes in corporate responsibility, went further, saying these are among the “most responsible, best managed, well governed companies” in the food sector.
So which is it, really? Are these companies industry leaders or are they failing the poor?
Maybe a little of both. [click to continue...]