The hottest new trends on Wall Street are promoting foods that make Americans sick.
A Massachusetts-based public relations firm that specializes in promoting environmental, social, and governance (ESG) standards released its annual list of “100 Best Corporate Citizens” on Wednesday. The list ranks 1,000 of the largest U.S. public companies on their compliance and transparency efforts to “align with the Sustainable Development Goals and rebuild an equitable economy post-pandemic.”
“Now more than ever, corporate leadership on environmental, social and governance (ESG) issues is imperative,” wrote the East Coast PR firm responsible for the list. “Each year, 3BL evaluates the largest public U.S. companies on ESG transparency and performance.”
Seven major American food processors made it on the list, five of which landed in the top 50. Corporations include PepsiCo at 6, Hershey at 10, Mondelez at 45, Kellogg at 40, and General Mills at 49. Kraft Heinz was listed at 61, and Coca-Cola at 79. These corporate food giants, however, are some of the worst offenders for environmental and public health.
Earlier this year, General Mills and Kellogg threatened the Food and Drug Administration (FDA) over new rules that could strip the “healthy” labels from the producers’ boxes of chemically processed grains drenched in sugary syrups marketed as cereal. The food companies behind Fruit Loops and Lucky Charms claim the FDA’s latest guidance discriminates against corporate free speech.
“We know cereal is a nutritious, affordable, accessible breakfast choice for many families across cultures, lifestyles, age and socio-economic demographics,” the
