Federal Project Number One

Magnit and Largest FMCG Companies sign Code of Commitments under 'United for a Healthier Future' Initiative

Thursday, October 14, 2021 - 12:08pm

Krasnodar, Russia (October 14, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, and eight international FMCG producers, has signed the Code of Voluntary Commitments under the "United for a Healthier Future" Initiative.

Key Points: 
  • Krasnodar, Russia (October 14, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, and eight international FMCG producers, has signed the Code of Voluntary Commitments under the "United for a Healthier Future" Initiative.
  • Besides Magnit, the Code was signed by Nestl, Johnson & Johnson Consumer Health, Danone, Mars, PepsiCo, L'Oral, Procter & Gamble, as well as Boston Consulting Group.
  • The Code was developed as part of the "United for a Healthier Future" Initiative, which was announced in April 2021.
  • "The adopted Code will serve as the foundation for the largest FMCG producers and retailers in taking care of the consumer and the world around us.