TPG Telecom
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OVERALL |
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Owned |
AUS |
Rating |
N/A |
Telecommunications
TPG and Vodafone Hutchison Australia merged in 2020, forming TPG Telecom. Brands include Vodafone Australia, TPG, iinet, Internode, Lebara and AAPT.
TPG Telecom Ltd | AUS | website |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
TPG Telecom Ltd | ||||
This company is part owned by CK Hutchison Holdings, which has numerous criticisms and an overall Shop Ethical rating of 'F'.
Source: Shop Ethical (2021)
Between 2013 and 2019 this company paid zero tax on a total income of $22.3 billion, earning the number 4 spot on Michael West's Top 40 Tax Dodgers 2021. West calculated which of Australia's largest companies have paid the least tax, or no tax, on the highest incomes using six years of tax transparency data published by the Australian Tax Office.
Source: Michael West (2021)
In 2022 TPG was ordered by the Federal Court to pay penalties totalling $5 million after admitting to making false or misleading representations to consumers when promoting certain NBN internet plans, in proceedings brought by the ACCC.
Source: ACCC (2022) |
Greenpeace's Reenergise campaign ranks Australia's biggest electricity using companies on their commitments and actions regarding renewable energy use. This company has committed to powering their operations by 100% renewable electricity by 2030, and invested in on-site solar. However they have not signed a power purchase agreement (PPA) to buy power from a wind or solar project.
Source: Greenpeace (2021)
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
Source: We Mean Business (2021)
Australian Packaging Covenant Organisation (APCO) is a not-for-profit organisation leading the development of a circular economy for packaging in Australia. Each year, APCO Members are required to submit an APCO Annual Report and Action Plan, which includes an overall performance level from 1 (Getting Started) to 5 (Beyond Best Practice). This company received a packaging performance level of 2 (Good Progress) in its 2023 APCO Annual Report.
Source: APCO (2023)
This company is a member of MobileMuster, Australia's only not-for-profit, Government accredited mobile recycling program, established and funded by the mobile phone industry since late 1998. The program adopts a product stewardship model based on circular economy principles where they promise to keep old mobiles and accessories out of landfill and recycle them in a safe, secure and ethical way, placing reusable commodities back into the supply stream.
Source: Mobile Muster (2023)
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of C.
Source: CDP (2023)
Modern slavery disclosure is a critical step in mitigating the risk associated with modern slavery practices in companies' operations and supply chains. The quality of the disclosure signals the level of commitments and efforts that the companies have put in managing these risks. In 2021 the Monash Centre for Financial Studies analysed and ranked the disclosure quality of the modern slavery statements submitted by the 300 largest listed companies on the Australian Stock Exchange (ASX300). This company's modern slavery disclosure statement received a grade of D.
Source: Monash University (2021) |
Company Details
Type | Public company |
Contact Details
Address | Level 1, 177 Pacific Hwy, North Sydney, NSW, 2060, Australia |
Website | www.tpgtelecom.com.au |