Bellamy's Organic
OVERALL |
|
Owned |
CHN |
Rating |
![]() |
Organic baby foods
Producer of 100% Australian made organic foods, especially baby formula. Established in Launceston, Tasmania in 2004 as a family-operated company. After a couple of changes in ownership the company was bought for $1.5 billion by China Mengniu Dairy Co in 2019. The company exports to China, Hong Kong, Taiwan, Singapore, Malaysia, Vietnam, and New Zealand.
Company Ownership
Bellamy's Organic Pty Ltd | AUS | website | ||||
China Mengniu Dairy Company Ltd ![]() owns 100% of Bellamy's Organic Pty Ltd |
CHN | website | ||||
Dairy One of China's largest dairy product manufacturers. Operates 38 production bases in China and one in New Zealand. Major shareholders include Chinese state-owned COFCO, and European dairy giants Danone and Arla. Became a player in Australia's dairy industry after acquiring Burra Foods in 2016 and Bellamy's Organic in 2019. | ||||||
China Oil and Food Corporation ![]() owns 31% of China Mengniu Dairy Company Ltd |
CHN | website | ||||
Food processor Chinese state-owned enterprise, and China's largest food processor, manufacturer and trader. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Bellamy's Organic Pty Ltd | ||||
Signatory to the Australian Packaging Covenant, a voluntary agreement to encourage waste minimisation.
Source: Australian Packaging Covenant (2020) |
This company received an S&P Global ESG Score of 10/100 in the Food Products category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. 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 (2019)
The IBFAN Code Monitor document gives a snap shot of baby milk formula marketing in Tasmania, Australia. The document shows evidence of violations of the International Code of Marketing of Breastmilk Substitutes by this company, who hasn't signed the MAIF Agreement, a voluntary self-regulatory code of conduct between the manufacturers and importers of infant formula in Australia.
Source: IBFAN (2017) |
In 2017 the Australian Securities and Investments Commission (ASIC)fined this company $66,000 for allegations it failed to warn the Australian stock exchange when it knew it would drastically downgrade revenue. Bellamy's agreed to pay the fine without admitting liability, to get the matter out of the way and avoid further costs.
Source: news article (2017)
In Dec 2015 this company signed a five-year partnership deal with Fonterra. Fonterra will produce Bellamy's infant formula at their Darnum factory in eastern Victoria to help meet demand from China. The Darnum factory is the centrepiece of a joint venture between Fonterra and Chinese company Beingmate, in which the latter owns a 51 per cent stake and the right to half its 60,000 tonne a year output. Fonterra have an F rating in this guide.
Source: news article (2015)
This company manufactures or distributes products that are certified organic under the Australian Certified Organic label.
Source: ACO (2018)
Some, but not necessarily all, of this company's baby formula products are palm oil free, or contain segregated certified sustainable palm oil (CSPO). 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) |
||
China Mengniu Dairy Company Ltd | ||||
This company received a score of 7.5/100 (retrieved 10-Oct-2020) in the Corporate Information Transparency Index (CITI), a system for evaluating supply chain practices in China, particularly in regards to environmental management and water pollution. Scores are calculated using government compliance data, online monitoring data, and third-party environmental audits, as well as trends in the environmental performance of factories in the company's supply chains.
Source: IPE (2020)
The Forest 500 identifies, ranks, and tracks the governments, companies and financial institutions worldwide that together could virtually eradicate tropical deforestation. Rankings are based on their public policies and commitments and potential impacts on tropical forests in the context of forest risk commodities (palm oil, soy, beef, leather, timber and paper). This company received a score of 7%.
Source: Forest 500 (2019)
This company received an S&P Global ESG Score of 13/100 in the Food Products category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. 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 (2019) |
The Coller FAIRR Protein Producer Index is a comprehensive assessment of how this sector is managing critical sustainability risks factors: GHGs; deforestation and biodiversity; water scarcity; water pollution; antibiotics; animal welfare; working conditions; food safety. This company was rated as medium risk.
Source: FAIRR (2019) |
Company Details
Type | Wholly-owned subsidiary |
Revenue | $266 million in 2019 |
Employees | 150 in 2019 |
Aus Manufacturing | Yes |
Contact Details
Address | 68 Cameron St, Launceston, TAS, 7250, Australia |
Phone | 03 6332 9200 |
Freecall | 1800 010 460 |
baby@bellamysorganic.com.au | |
Website | www.bellamysorganic.com.au |
Products / Brands
Bellamy's Organic
Bellamy's ![]() Bellamy's ![]() |