Founded in Brisbane in 1930 and listed on the Australian Stock Exchange in 1985. Operates in Australia, New Zealand and Asia. Acquired by Japanese drinks giant Kirin in 2023.
| Kirin Holdings Company Ltd
owns 100% of Blackmores Ltd
This company received a packaging performance level of 3 (Advanced) 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)
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 B.
Source: Monash University (2021)
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)
Independent testing commissioned by Friends of the Earth in 2017 found nanoparticles in popular Australian infant formula products that are both illegal in Australia and potentially dangerous, including products by this company. A growing body of scientific research demonstrates that nanoparticles pose threats to human health, raising concerns about their use in food and many other consumer products.
Source: FOE (2017)
This company received an S&P Global ESG Score of 22/100 in the Personal Products category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 18 Nov 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)
In 2014 and 2010 the Therapeutic Goods Administration's Complaints Resolution Panel upheld complaints about ads by this company on the grounds that they breached advertising codes. The Panel requested this company withdraw the ads and not to use representations in the ads again.
Source: TGA Complaints Register (2014)
In 2015 Sea Shepherd Australia targeted Blackmores over its production of krill-based omega-3 health supplements. Krill are a vital part of the Antarctic food chain and giant factory-ships are sucking up huge amounts of krill for the farmed fish and supplements industries. Vast schools of krill not only function as food for whales, penguins, seals and seabirds, but they are also huge carbon sinks that help mitigate global warming. Blackmores is the largest krill supplement manufacturer in Australia.
Source: Sea Shepherd (2015)
According to the democracyforsale.net website, this company donated $48,944 to Australia's major political parties between 2012 and 2018, as disclosed to the Australian Electoral Commision (AEC).
Source: Democracy For Sale (2018)
Blackmores was named the 2008 Sustainable Small Company of the Year at the 8th annual Australian Sustainability Awards ceremony, presented by Ethical Investor magazine.
Source: Sustainability Matters (2008)
The NSW Government's Sustainability Advantage program works with medium and large organisations to accelerate the adoption of sustainable practices. Nearly half of all 800+ members are based in regional NSW and over 30% have been recognised as Bronze, Silver or Gold Partners. This company is one of only 13 organisations recognised as a Gold Partner.
Source: NSW Govt (2023)
This company is listed by the Workplace Gender Equality Agency (WGEA) as a Employer of Choice for Gender Equality citation holder. The citation is designed to encourage, recognise and promote active commitment to achieving gender equality in Australian workplaces.
Source: WGEA (2022)
Blackmores partnered with WWF in 2012 to ensure that all Blackmores' fish and krill oils are responsibly sourced. Blackmores is a signatory to the WWF Global Seafood Charter and has made a considerable investment in marine conservation projects.
Source: WWF (2019)
In 2011, the Pharmacy Guild of Australia, which represents 94 per cent of Australia's 5200 pharmacies, agreed to start recommending a range of Blackmores products to patients when they pick up prescriptions for 4 specific ailments. Under the deal, when a prescription is filled, a prompt in the pharmacist's computer system will remind them to discuss a particular Blackmores product that has been designed to offset possible side-effects of their prescription drug. The deal was criticised by doctors, media and consumer advocates and consequently dropped.
Source: news article (2011)
|Kirin Holdings Company Ltd|
In 2022, 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 A.
Source: CDP (2022)
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security Score of A.
Source: CDP (2022)
The PalmOil Scan app, produced by the World Association of Zoos and Aquariums (WAZA), rates companies on their commitment to sourcing sustainable palm oil. Companies are scored on their use of certified sustainable palm oil (CSPO), commitment to sourcing CSPO, on-the-ground conservation action, and membership to the RSPO. Companies can earn a rating of Excellent, Good, Poor or No Commitment. This company is rated "Good" (retrieved 18 Nov 2023).
Source: WAZA (2023)
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 #31/350, with a total score of 41/100.
Source: World Benchmarking Alliance (2021)
This company received an S&P Global ESG Score of 32/100 in the Beverages category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 23 Sep 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)
From Dec 2018 to Feb 2021 Kirin appeared on Burma Campaign UK's 'Dirty List' of companies assisting the Burmese military to continue to commit human rights violations and environmental destruction. In Burma Kirin was in a joint venture, Myanmar Breweries, with the Union of Myanmar Economic Holdings, which is controlled by and for the benefit of the military. This subsidiary has also donated money to the Burmese military. Kirin announced they would end their relationship with the Myanmar military after it staged a coup in Feb 2021.
Source: Burma Campaign UK (2021)
This company received a score of 49.8/100 in the Newsweek Green Rankings 2012, which ranks the world's largest publicly traded companies on their environmental footprint, management (policies, programs, initiatives, controversies) and reporting practices, using data from Trucost and Sustainalytics.
Source: Newsweek (2012)
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target; report climate change information in mainstream reports as a fiduciary duty; commit to 100% renewable power.
Source: We Mean Business (2021)
This company holds Forest Stewardship Council Chain of Custody Certification, and sells products certified as FSC Mix and FSC Recycled.
Source: FSC (2023)
This company is a member of the International Alliance for Responsible Drinking (IARD), a not-for-profit organization dedicated to reducing harmful drinking and promoting understanding of responsible drinking. IARD is affiliated with the United Nations.
Source: IARD (2021)
This company has Creating Shared Value claims on its website
Source: company website (2015)
The United Nations Global Compact asks companies to embrace, support and enact, within their sphere of influence, a set of 10 values in the areas of human rights, labour standards, the environment, and anti-corruption. However it's non-binding nature has been widely criticised, and many signatory corporations continue to violate the Compact's values.
Source: UN Global Compact (2020)
Directly involved in the manufacture, distribution or sale of alcohol as a core business.
Source: company website (2020)
The 2022 Corporate Human Rights Benchmark assessed 127 companies in the food and agriculture, ICT and automotive manufacturing sectors on their human rights performance. This company received a score of 22.7%. The overall average score was a disappointing 17.3% and the highest score was 50.3%.
Source: World Benchmarking Alliance (2022)
USA biotech company Hematech Inc. genetically modify cattle for human antibody production. Hematech was previously a subsidiary of Kirin's pharmaceutical division (Kyowa Hakko Kirin Co) until Dec 2012 when it was acquired by Sanford Health and rebranded Sanford Applied Biosciences, LLC.
Source: company website (2012)
|Revenue||650 million AUD (2022)|
|Address||20 Jubilee Ave, Warriewood, NSW, 2102, Australia|
|Phone||02 9910 5000|
|Freecall||1800 803 760|