Around 26 percent of Coca-Cola’s share holders are calling for the company to announce its intentions surrounding the continued use of bisphenol A (BPA) in its packaging.
Despite this mounting pressure, the Coca-Cola remained silent over the issue during the company’s recent annual general meeting.
Shareholders were told by Muhtar Kent, Coca-Cola CEO and Chairman, that there was insufficient scientific evidence that the BPA used in the epoxy linings of its cans posed any health risk to consumers.
Food Production Daily reported Kent as saying "If we had any sliver of doubt about the safety of our packaging, we would not continue to use (BPA). It’s that simple.”
Though scientific evidence has come into conflict with consumer concerns and as such, shareholders are still calling for action against the continued use of BPA.
A resolution, supported by a number of shareholder heavyweights, has been put forward by shareholder advocacy groups, which has asked for “a report to their investors disclosing how it is responding to public concerns about the safety of BPA in products; outline a plan to develop alternatives to BPA in can linings; and address what the company is doing to maintain leadership and public trust on this issue”.
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