Tesco faces shareholder vote to increase healthy food sales in bid to tackle obesity

10 Feb 2021 — Tesco is set to become the first FTSE100 company to be hit with a shareholder resolution on health grounds.

The resolution – co-filed by seven institutional investors managing over £140 billion (US$194 billion) in assets, along with 101 retail investors – is expected to be voted on at Tesco’s Annual General Meeting in June.

It calls on the retailer to set targets to increase the proportion of healthy products in its sales and, if passed, the company would be forced to adopt the proposals.

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