Is Nestle ethical?

bbc.com ↗

The batches were sold across the world, Nestle said, and they potentially contain cereulide, which can trigger nausea and vomiting when consumed. The company said there had been no confirmed reports of illness associated with the products, but was recalling them "out of an abundance of caution".

Nestle issues global recall of some baby formula products over toxin fears

Nestle has issued a global recall of some baby formula products over concerns they contain a toxin which can cause food poisoning.

Nestle has recalled some batches of its SMA infant and follow-on formula

cnbc.com ↗

Nestle and Danone stocks have trailed the European benchmark index year-to-date amid recalls of the companies' baby formula products.

Nestle's infant formula makes up about 5% of revenue, and the company has disclosed that recalled products represent only about 0.5% of revenue.

courthousenews.com ↗

District Judge Jacqueline Scott Corley, a Biden appointee, wrote in her 14-page order on summary judgment that a reasonable jury could find that two of the three named plaintiffs — Bruce Horti and Steven Owen — were deceived by the packaging of Nestle’s BOOST Glucose Control drink because it purports to control glucose and says that it “helps manage blood sugar.”

In their 2021 complaint, the named consumers who purchased Nestle’s BOOST Glucose Control drinks said that they were deceived by the packaging of the product, which they believed could help lower their blood glucose, and that they would have not purchased the product or paid less for it if they knew it didn’t lower blood glucose levels.

ftc.gov ↗

Nestle Subsidiary to Settle FTC False Advertising Charges; Will Drop Deceptive Health Claims for BOOST Kid Essentials

Nestle Subsidiary to Settle FTC False Advertising Charges; Will Drop Deceptive Health Claims for BOOST Kid Essentials | Federal Trade Commission