Creating healthier food options for children
Child obesity levels are on the rise. Currently, one in five children starting primary school in the UK is overweight or obese. The environments they grow up in have a huge role to play in their health.
ShareAction’s new Healthy Markets campaign, funded by Guy’s and St. Thomas’ Charity, will gather investment allies to tackle childhood obesity. The campaign will bring together investors to ask UK food and drinks companies to produce healthier, more affordable products; limit advertising of sugary products to children; and encourage clear and accurate food labelling.
Why this is important and what we’re doing about it
Being obese as a child greatly increases the risk of being obese as an adult and this has profound economic and social costs to society, including an estimated £6.1bn to the NHS and £27 billion in reduced productivity and economic growth costs per year.
There is an increasing swell of political and public support for action in this space, with regulation already in place for sugary drinks and voluntary targets set for companies to reduce both sugar and calories across other product categories. Alongside changing customer preferences shifting towards healthier and low sugar products, there are clear financial, reputational, and operational risks for companies and investors that fail to respond.
ShareAction will harness the power of the investment system to redesign the food environments children are exposed to. We will target the major food and drink retailers and manufacturers that sell their products in the UK, benchmarking them on their performance, and engaging with them at AGMs and through letters signed by a coalition of supporting investors.
“We’re excited to explore with ShareAction how encouraging responsible investment can help improve the availability of healthier options for everyone.”Kieron Boyle
“We’re proud to be supporting investors to make a positive impact on the lives of young people… We believe it makes particular sense for pension funds to focus on public health given its relevance to the lives and well-being of millions of UK pension savers.”Catherine Howarth
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Programme Manager - Food and Health