The Best & Worst Companies in Developing Nations

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Feb. 26 (Bloomberg) –- Bloomberg’s Alan Bjerga reports on Oxfam’s study of 10 big consumer brands food companies in developing nations to try and get them to change their behavior. He speaks to Mark Crumpton on Bloomberg Television’s “Bottom Line.” (Source: Bloomberg)

Correspondent joins us.

What changed this time and why?

The main difference was that the company had a chance to react to an oxfam study.

It is a big study of consumer brands.

These are the companies that interact with consumers.

Oxfam is trying to get these companies to change their behavior by using public pressure.

They have had a chance to take a look at what oxfam is looking at and what they wanted to do.

What we consumers think that they should be doing.

Many families are changing their behaviors.

We have seen some improvements from last year cost that he.

-- last year cost -- last year's study.

It all works together.

In one year, we have made progress.

Why does oxfam conducted study?

Why do they choose these companies?

These are multinational companies.

Coca-cola, nestle, pepsico.

These are the makers of kit kat and twinings tea.

These are companies that consumers interact with.

They are the ones that consumers will respond to the most.

These are big companies that have global reach.

They affect us all over the world whether you are a small local farmer in africa or a consumer in the u.s.. nestle has failed or equal to the gdp of slovakia.

How can one organization rate them?

That is a challenge with this sort of study.

Oxfam ultimately has a goal for sustainability and for treatment of workers.

These companies may define things in a different way.

They may think that they are doing things that oxfam is not giving them credit for.

And general mills, they come in last.

They may conduct ice cream.

-- an ice cream brand.

They have had social responsibility campaigns.

His company is being spur to go towards a direction that oxfam wants them to be.

Nestle has done very well.

They have top rankings.

They are big supporters of working with oxfam.

I any sign that these ratings matter?

One concrete change with coca-cola.

It rated very low on land grab.

This is how companies respectfully and rights of people in africa or latin america.

As larger buyers, they come in and they do interference with land right.

Coca-cola created a policy where they stand against this practice.

They were rewarded by oxfam.

A lot of it depends on the story.

Most companies will say that they appreciate the feedback and the attention.

Consumers do care.

Oxfam says that 400,000 consumers have had thoughts of these companies.

They are working toward a common goal.

Some are working more quickly than others.

Beyond the study, what are some of the other area that the activist are looking at?

We have been talking about this on other occasions.

We have been talking about food waste.

30% of u.s. food is being wasted.

40% in developing countries.

There is no infrastructure.

There is a question of that.

Oxfam will focus on climate change.

It will focus on treatment of women, as well as the rights of farm workers.

Agriculture correspondent joins us from washington.

Thank you.

Up next, big changes at a

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