Coca-Cola Says It Spent $118.6M in Five Years on Health Related Fields

Coca-Cola Says It Spent $118.6M in Five Years on Health Related FieldsOn Tuesday, Coca-Cola disclosed that the company has spent $118.6 million on research in health related fields in the U.S. in the last years since 2010.

It also said the efforts include funding for a group of scientists who have made an effort to find ways of reducing obesity. A company that has been criticized for adding on to the obesity epidemic in the U.S is now trying to shed some guilt. Coke has been condemned highly for its sugary drinks which add to the obesity concerns.

Last month, the largest beverage maker of the world promised to be more transparent regarding its various health programs and funding related to the same.

The pledge did not crop out of the blue; it was sparked by a story on the New York Times which elaborated the company's financial support for the Global Energy Balance Network. It said that the group supports the idea of how people are excessively obsessed with how much they are eating and drinking and not think about the physical exercise which they undergo.

In a video, a leaders of the company said the media focuses on "eating too much, eating too much, eating too much - blaming fast food, blaming sugary drinks, and so on."

According to several health and nutrition advocates the food companies are now a day's commonly trying to redirect the criticism about their own products to the requirement for additional physical activity.

General: 
Companies: 
Business: 
Region: 

Advertisements