Ebro Foods

OVERALL
Owned	ESP
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Rice and pasta producer

Ebro Foods (formerly Ebro Puleva) is the world's largest producer of rice and the second biggest producer of pasta. They also have a biotechnology division, Puleva Biotech. Bought Tilda rice from Hain Celestial in 2019 for US$342 million.

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Company Assessment

PRAISE	CRITICISM	INFORMATION
Ebro Foods SA
	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] CDP Climate Change Score of D In 2018, 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 D. [Source 2018][More on Climate Change]	Ebro Foundation The work of the Ebro Foundation covers several areas, such as the donation of food, integration of the disabled in society and employment, contribution towards the socioeconomic development of the geographical regions in which we operate and the promotion of cooperation programmes to further development in the third world as a tool for sustainable growth in those countries. [Source 2014][More on Finance] Sustainable Agriculture Initiative member This company is a member of the Sustainable Agriculture Initiative (SAI) Platform, the main food industry initiative supporting the development of sustainable agriculture worldwide. Created by Nestle, Unilever and Danone in 2002, the SAI Platform is a non-profit organization to facilitate sharing, at precompetitive level, of knowledge and initiatives to support the development and implementation of sustainable agriculture practices involving the different stakeholders of the food chain. [Source 2019][More on Multi-Stakeholder Initiatives] Sedex member This company is a member of the Supplier Ethical Data Exchange (Sedex), a not-for-profit, membership organisation that leads work with buyers and suppliers to deliver improvements in responsible and ethical business practices in global supply chains. Tens of thousands of companies use Sedex to manage their performance around labour rights, health & safety, the environment and business ethics. [Source 2018][More on Multi-Stakeholder Initiatives] Ban of GE rice imports In 2006 Ebro stopped all imports of rice from the USA to the EU due to the threat of contamination by genetically engineered rice. [Source 2006][More on Genetic Engineering]

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SunRice rejects Ebro Foods takeover bid
31st May 2011 — SunRice shareholders have rejected a $610 million takeover bid from Spain's Ebro Foods, keeping the iconic Australian company in local grower ownership.  [source]