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The pandemic has highlighted key risks and opportunities in the food industry, attendees at the Responsible Investor Digital Festival heard. Food companies’ supply chains have come under pressure while some meat processing groups had to close because large numbers of staff contracted the virus. Elsewhere, the link between obesity and Covid-19 has increased the pressure on the industry to do more to reduce obesity rates.
Food companies will be held accountable for their role in the growing obesity pandemic, especially given the link between obesity and the disease, warned Peter Van der Werf, Team Lead, Active Ownership, Robeco.
He also noted that the virus has sparked “a change in tone” as consumers do more to alter their lifestyle and companies move from defensiveness to “a clear focus.”
However, he said companies need…