ICCR Stakeholder Commitment – White House Conference on Hunger, Nutrition and Health
The Interfaith Center on Corporate Responsibility (ICCR), a coalition of over 300 global institutional investors currently represents more than $4 trillion in managed assets. Leveraging our equity ownership in some of the world’s largest and most powerful companies, ICCR hosts a working group of investors focused on nutrition insecurity. This group has been engaging food and beverage manufacturers, casual restaurant chains and retailers, calling on them to assess how their business models may exacerbate adverse health outcomes, which not only presents risks to consumers and the communities at large, but also to shareholders of the company. Investor expectations for these companies include: (1) increasing access to nutritious and affordable foods and beverages through product formulation and affordability measures; (2) responsibly exercising their influence on consumer choice and behavior through marketing and labeling; and (3) ensuring that lobbying activities are consistent with the company’s position regarding health and wellness (i.e., transparency and accountability in the direct and indirect use of corporate funds to influence legislation and regulation).
ICCR’s Nutrition Insecurity Working Group commits to continuing to advocate for food and beverage manufacturers, casual restaurant chains and grocery retailers to examine how their business models, operations and value chains may directly or indirectly contribute to health inequities, and work to create a more equitable and resilient system that benefits workers, the company, shareholders, and communities at large.