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	email	facebook	twitter
China Mengniu Dairy Company Ltd       owns 100% of Bellamy's Organic Pty Ltd	CHN	website	email
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 major player in Australia's dairy industry in 2019 after acquiring Bellamy's Organic and Lion Dairy & Drinks.
China Oil and Food Corporation           owns 16% of China Mengniu Dairy Company Ltd	CHN	website
Food processor Chinese state-owned enterprise, and China's largest food processor, manufacturer and trader.

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Company Assessment

PRAISE	CRITICISM	INFORMATION
Bellamy's Organic Pty Ltd
Exclusively organic products All of this company's products are certified organic by NASAA. [Source 2018][More on Eco-Certification] Australian Packaging Covenant signatory Signatory to the Australian Packaging Covenant, a voluntary agreement to encourage waste minimisation. [Source 2017][More on Packaging]	Irresponsible marketing 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 2017][More on Irresponsible Marketing]	Fined for failing to disclose downgrade 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 2017][More on Governance] Partnership with Fonterra 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 2015][More on Governance] Organic products This company manufactures or distributes products that are certified organic under the Australian Certified Organic label. [Source 2018][More on Eco-Certification] GM-Free brands Brands owned by this company were rated 'green' in Greenpeace's 2011 Truefood Guide, signifying a clear policy on excluding GM-derived ingredients, including oils derived from GM crops, and animal products from animals fed on GM crops. [Source 2011][More on Genetic Engineering] Sustainability claims This company has a number of sustainability claims on its website including use of BPA free tins, Certified Organic Palm Oil and recyclable packaging materials. [Source 2012][More on Sustainability Reporting]
China Mengniu Dairy Company Ltd
	Commitment to zero deforestation 1/5 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, soya, beef, leather, timber, and pulp and paper). This company received a score of 1/5. [Source 2018][More on Forests] FAIRR Protein Producer Index The Coller FAIRR Protein Producer Index is a comprehensive assessment of how this sector is managing critical sustainability risks such as climate change, increasing biodiversity loss, land use change and the growth in antibiotic resistance. This company was rated as high risk. [Source 2018][More on Habitats] Supply chain practices in China This company received a score of 13.5/100 (retrieved 14-Feb-2018) 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 2018][More on Habitats] 27/100 SAM Rank This company received a SAM Rank of 27/100 in the Food Products category of the 2018 SAM Corporate Sustainability Assessment. The index is 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 2018][More on Sustainability Reporting]

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Bellamy's Certified organic  Baby Food Bellamy's Certified Organic  Baby Formula