Group funded by Coke to fight obesity disbanding
NEW YORK (AP) — A group funded by the Coca-Cola Co. to combat obesity says it is disbanding following revelations about the beverage maker's involvement with the nonprofit.
The Global Energy Balance Network says on its website Monday night that it is "discontinuing operations due to resource limitations." The decision was effective immediately.
The group had previously said that it received an "unrestricted gift" from Coke and that the Atlanta-based soft drink giant had "no input" into its activities.
Last week, The Associated Press reported on emails showing that Coke helped with the selection of group leaders and suggested content for its website. And Coke CEO Muhtar Kent acknowledged there wasn't enough transparency regarding the company's involvement.
Global Energy Balance Network did not respond Monday night to a request for further comment.