GrainCorp
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AUS |
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Grain storage and transportation
GrainCorp was founded in 1916, and was originally part of the NSW Government's Department of Agriculture. Privatised in 1992 and listed on the ASX in 1998. Merged with AWB in 2010 to compete with global agribusiness giants. The merged entity is now part of Cargill.
GrainCorp Ltd | AUS | website |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
GrainCorp Ltd | ||||
The 2021 Food and Agriculture Benchmark assessed 350 keystone companies across the entirety of the food system, from farm to fork. It covers three dimensions where transformation is needed: nutrition, environment and social inclusion. This company ranked #200/350, with a total score of 15/100.
Source: World Benchmarking Alliance (2021)
This company received an S&P Global ESG Score of 25/100 in the Food Products category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 21 Oct 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2022) |
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)
According to data released by the Australian Tax Office in Jan 2022, this company was one of many local and foreign-based companies that paid no tax in Australia in 2019-20. Please note however that companies pay income tax on profits, not revenue (total income). While some companies use tax havens and loopholes to avoid paying their fair share of tax in Australia, other companies that paid no tax have perfectly legitimate reasons.
Source: ATO (2022) |
Company Details
Type | Public company |
Contact Details
Address | Sydney, NSW, 2000, Australia |
enquiries@graincorp.com.au | |
Website | www.graincorp.com.au |