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Work will start soon on specific indicators to improve the quality of information in food companies' sustainability reports. The indicators will be developed by a Global Reporting Initiative working group in conjunction with the companies.
The Swiss multinational Nestlé and three US-based companies - Bunge, Tyson Foods and Green Mountain Coffee Roasters - have already agreed to join the working group, and the GRI hopes that representatives from emerging market companies, the fair trade sector, unions and 'health and wellbeing organizations' will join them.
The result will be a GRI sustainability reporting guidelines supplement that is specific to food processors.
Dick Bond, chief executive of Tyson Foods, said the indicators would probably cover 'hunger relief, product quality, environmental protection, employee wellbeing and community support'.
Recommendations on food labelling may be considered, but Claus Conzelmann, Nestlé's safety, health and environment vice-president, warned that any form of 'simplistic' labelling was unlikely to be endorsed.
Consultation on a draft version of a GRI financial services sector supplement, developed with the United Nations, closes at the end of this month.
The Swiss multinational Nestlé and three US-based companies - Bunge, Tyson Foods and Green Mountain Coffee Roasters - have already agreed to join the working group, and the GRI hopes that representatives from emerging market companies, the fair trade sector, unions and 'health and wellbeing organizations' will join them.
The result will be a GRI sustainability reporting guidelines supplement that is specific to food processors.
Dick Bond, chief executive of Tyson Foods, said the indicators would probably cover 'hunger relief, product quality, environmental protection, employee wellbeing and community support'.
Recommendations on food labelling may be considered, but Claus Conzelmann, Nestlé's safety, health and environment vice-president, warned that any form of 'simplistic' labelling was unlikely to be endorsed.

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