Coke, the pressure's on!
"Some 22 per cent of Coca-Cola shareholders yesterday voted in favour of a resolution urging the company to disclose how it is responding to public fears over bisphenol A (BPA) used in the linings of Coke’s beverage cans."
Read the entire article here.
“Coke’s assumption that BPA does not pose a public health risk, in the face of mounting regulatory restrictions and consumer concerns exposes our company to regulatory, legal, and competitive risks,” said Passoff. “Coke does not provide investors with information about these financial risks.”
It's like they choose to believe what they want or do whatever will be easiest and make them the most money, and it is making many people angry.
“We do not believe the information requested in the proposal would be useful to our shareholders”, a spokesman said.
“We are monitoring the research and regulatory developments relating to Bisphenol A (BPA) and are engaging with stakeholders who express concerns about it. We will continue to take our guidance on this issue from national and international regulatory authorities and to take whatever steps are necessary, based on sound scientific principles, to ensure that any package technology is safe for our consumers.
“All available scientific evidence and testing shows that drinks in aluminium and steel cans are safe. BPA levels in canned beverages are extremely low, and it is physically impossible to consume enough canned beverages to ever approach the daily BPA limit established by leading health authorities, including those in the United States, Europe and Canada.”
Safe? Aluminum is safe for us?
What studies have you been looking at, Coca-Cola?
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