CEOs from top CPG companies gathered in Paris this week for a meeting of the Consumer Goods Forum where the board voted on a set of common sense initiatives related to health and wellness.
The Forum’s board of directors reaffirmed its commitment to the implementation of its Health & Wellness Resolutions published three years ago and said it was committed to leading the industry on several specific fronts, including:
- By 2016: Make company policies public on nutrition and product formulation and implement employee health and wellness programs.
- By 2018: Industry-wide implementation of consistent product labeling and consumer information to help consumers make informed choices and usages.
- By 2018: Stop targeted advertising to children under 12 for products that do not fulfill specific nutrition criteria based on scientific evidence and/or applicable national and international dietary guidelines.
The Forum’s board also approved creation of an External Scientific Advisory Council on Health and Wellness to provide directional guidance on the health and wellness strategic pillar.
"The consumer goods industry acknowledges its role in the health and wellness of society, the issues around it, and the imperative need for actions,” said Paul Bulcke, CEO of Nestle and co-sponsor of the Forum’s health and wellness pillar. “We have to scale up our efforts. We have to accelerate existing initiatives. We have to engage in multi-stakeholder dialogues and efforts. We believe that The Forum will contribute to a positive impact in this area.”