Saturday, April 30, 2011
Coca-Cola is facing mounting pressure on bisphenol A (BPA) after 26 per cent of its shareholders called on the company to reveal its plans over the continued use of the chemical in its packaging.
But the beverage giant’s chief rejected the call made at the company’s annual general meeting yesterday - despite the fact that the motion received 20 per cent more support than when it was first proposed last year.
Muhtar Kent, CEO and chairman told shareholders the company did not believe there was sufficient scientific evidence to stop using BPA in the epoxy linings of its cans.
He added Coke had provided as much information as it could without divulging proprietary competitive data.'
Posted by DotConnector at 09:56