Thankyou Group
OVERALL |
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Owned |
AUS |
Rating |
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Social enterprise
Australian social enterprise that directs all of its profits to a charitable trust focused on tackling poverty. Discontinued their flagship bottle water product in 2020. In mid 2013 they launched food and body care products to help fund food aid and health and hygiene projects in developing nations, but pulled out of the food category in late 2017. Changed its business model in 2023.
Company Ownership
Thankyou Group Pty Ltd | AUS | website | ||||
Thankyou Charitable Trust ![]() owns 100% of Thankyou Group Pty Ltd |
AUS | website | ||||
Charitable trust Thankyou Group Pty Ltd is a for-profit business that operates like any normal business. It runs a sustainable model that sells products, employs people and pays costs. Salaries paid within the business are based on charitable sector salaries. This business is 100% owned by the Thankyou Charitable Trust. Every quarter, a dividend (profit generated) is paid to the Trust. 100% of the funds received by the Trust from Thankyou Group goes directly to their projects. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Thankyou Group Pty Ltd | ||||
This company received the highest packaging performance level of 5 (Beyond Best Practice) in its 2023 APCO Annual Report. 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).
Source: APCO (2023)
This social enterprise is Social Traders certified. Social Traders certification assures stakeholders that a social enterprise has a social, cultural or environmental purpose as its primary objective, that a substantial portion of its revenue is derived from commercial trade, and that the majority of the organisation's efforts and resources are invested into the social purpose.
Source: Social Traders (2023)
This company's business operations meet the requirements of the Climate Active Carbon Neutral Standard, and have been certified carbon neutral since 2020.
Source: Climate Active (2023) |
Some, but not necessarily all, of this company's personal care products are palm oil free. For more details, follow the link to see Borneo Orangutan Survival Australia's list of products which manufacturers have told them are palm oil free or contain segregated certified sustainable palm oil.
Source: BOS Australia (2020)
In 2013 this company won the Youth-Led Social Enterprise of the Year, and in 2014 they won the Social Innovation Award. The Social Enterprise Awards are the national awards for Australian social enterprise.
Source: Social Enterprise Awards (2014)
SMH article 'Thankyou Water evangelist links revealed' (August 11, 2013) noted that proceeds from sales go to some evangelical Christian organisations that runs aid and development programs in the developing world. You can read the company founder's response at http://thankyou.co/blog/dans-response-to-the-age
Source: Sydney Morning Herald (2013)
This news article discusses how Thankyou Water was founded in 2008 by a group of university students, spearheaded by 19 year-old Dan Flynn. Today stockists include Coles, Woolworths, 7-Eleven and Australia Post, and Thankyou Water has contributed to 58 water projects in Cambodia, Uganda, Kenya, Myanmar and Sri Lanka.
Source: news article (2012) |
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Thankyou Charitable Trust | ||||
No assessment data currently available for Thankyou Charitable Trust |
Company Details
Type | Social enterprise |
Founded | 2008 |
Employees | 50 (2018) |
Contact Details
Address | Level 4, 108-112 Langridge St, Collingwood, VIC, 3066, Australia |
Phone | 1300 655 887 |
info@thankyou.co | |
Website | www.thankyou.co |
Products / Brands
Thankyou Group
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