The ‘out of home sector’ is increasingly shaping diets across the world. Many companies in the sector notoriously rely on sales of less healthy products, leaving them most exposed to fast-evolving changes in consumer demand and regulatory shifts that aim to improve diets and reduce public health spending. Assessing these risks is essential yet difficult for investors because the sector’s health-related disclosures are poor and inconsistent.

Against a backdrop of increasing consensus on health and nutrition reporting, this briefing provides investors with clear engagement asks of out of home companies. Companies must seize this opportunity to protect their long-term value by disclosing the healthiness of their sales, and proactively transitioning to healthier portfolios.