Better Drinks Co
Established in New Zealand as Charlie's in 1999 and floated on the NZ Stock Exchange in July 2005. Bought Phoenix Organics in Dec 2005. Operates mainly in Australia and New Zealand. Bought by Asahi in 2011 and renamed Better Drinks Co in 2013.
|Better Drinks Co Ltd||NZL||website|
| Asahi Lifestyle Beverages
owns 100% of Better Drinks Co Ltd
| Asahi Holdings (Australia) Pty Ltd
owns 100% of Asahi Lifestyle Beverages
| » Asahi Group Holdings Ltd
owns 100% of Asahi Holdings (Australia) Pty Ltd
|Better Drinks Co Ltd|
|No assessment data currently available for Better Drinks Co Ltd|
|Asahi Lifestyle Beverages|
|Asahi Holdings (Australia) Pty Ltd|
Victorian farmer Tim Carey successfully applied to change the source of 19 million litres of his existing licence from surface water to groundwater, and from agricultural to commercial purposes. This allowed him to truck the water to a bottling plant run by Mountain H2O, owned by Asahi. In 2018 residents of Stanley, Victoria, lost a four-year court battle to stop the farmer bottling local groundwater for Asahi. The residents were left with a A$90,000 bill for legal costs.
[Source 2018][More on Habitats]
In 2013 Coca-Cola Amatil, Schweppes Australia (part of Asahi Beverages) and Lion Pty Ltd filed proceedings in the Federal Court challenging the legal validity of the Northern Territory's Container Deposit Scheme (CDS). Other large bottlers like Fosters and Diageo have not joined the court case. A CDS has been proven worldwide to be the best way to increase collection and recycling. The Boomerang Alliance estimates a CDS would increase recovery by 80%.
[Source 2013][More on Governance]
Phoenix Organics soft drinks and juices are certified organic by BioGro, and Mountain Goat beer has an organic option. However these only represent a tiny fraction of this company's total beverage sales.
[Source 2018][More on Eco-Certification]
Directly involved in the manufacture, distribution or sale of alcohol as a core business.
[More on Product Safety]
According to data released by the Australian Tax Office in Dec 2018, this company was one of 2,159 local and foreign-based companies that paid no tax in Australia in 2016-17. Please note however that companies pay income tax on profits, not revenue (total income). While some companies use tax havens and loopholes to avoid paying their fair share of tax in Australia, other companies that paid no tax have perfectly legitimate reasons.
[Source 2018][More on Finance]
|Asahi Group Holdings Ltd|
In 2019, 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 2019][More on Climate Change]
In 2019, 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 2019][More on Human Rights]
This company received an S&P Global ESG Score of 82/100 in the Beverages 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 2019][More on Sustainability Reporting]
This company received a score of 6.1/100 (retrieved 25-Feb-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 2020][More on Habitats]
The 2019 Corporate Human Rights Benchmark assessed 200 of the largest publicly traded companies in the world from the Agricultural Products, Apparel, Extractives and ICT Manufacturing sectors on 100 human rights indicators. This company's score was in the 20-30 band range. The overall average score was a disappointing 24%.
[Source 2019][More on Human Rights]
Activities include reducing CO2 emissions, FSC certified forest management, and donations to environmental protection schemes.
[Source 2010][More on Habitats]
In Nov 2011 Scientific Certification Systems (SCS) recertified Asahi's Shobara and Miyoshi forests in Japan to the Forest Stewardship Council's standard for responsible forest management. Asahi bought the forested properties during World War II. They have been FSC certified since 2001.
[Source 2011][More on Forests]
This company holds Forest Stewardship Council Chain of Custody Certification, and sells products certified as FSC 100%.
[Source 2017][More on Forests]
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.
[Source 2017][More on Climate Change]
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 x][More on Sustainability Reporting]
Asahi Breweries is developing 'high-biomass sugarcane' or 'Monster Cane', designed to produce ethanol without sacrificing sugar output. Could be seen as a positive as ethanol is carbon-neutral with CO2 released in the combustion of the fuel offset by the CO2 captured by plants through photosynthesis. Critics also say ethanol is no solution to global warming if massive inputs of fossil fuels are required to grow the crops and power the facilities used to produce ethanol and land is taken from suppling crops for food and feed.
[Source 2006][More on Climate Change]
|Company Structure||Wholly-owned subsidiary|
|Revenue||NZ$31 million in 2010|
|Address||Parnell, Auckland, New Zealand|