Pepsi, Coke vow to cut sugar levels

Original article by Tom McIlroy
The Australian Financial Review – Page: 3 : 26-Jun-18

Members of the Australian Beverages Council have agreed to pursue a 20 per cent reduction in sugar levels in non-alcoholic drinks by 2025. The move is seen as an attempt by soft drink makers such as Pepsi and Coca-Cola to offset calls for a tax on sugary drinks, although both the federal government and Labor have stated that they are against such a tax. Federal Health Minister Greg Hunt has welcomed the agreement, while Greens leader Richard Di Natale claims that soft drink makers are more interested in making profits than in promoting good health.

CORPORATES
AUSTRALIAN BEVERAGES COUNCIL LIMITED, PEPSI-COLA BOTTLERS AUSTRALIA, COCA-COLA AMATIL LIMITED – ASX CCL, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF HEALTH, AUSTRALIAN GREENS, FRUCOR BEVERAGES (AUSTRALIA) PTY LTD, SUNTORY LIMITED, ASAHI BEVERAGES AUSTRALIA PTY LTD, UNIVERSITY OF SYDNEY

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