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T2 Tea

OVERALL

Owned
UK
Rating
Criticisms

Tea

Founded in Melbourne in 1996 by Maryanne Shearer and Jan O'Connor. Acquired by Unilever in 2013, who sold its tea business to CVC in 2022, including T2.

Company Ownership

Tea Too Pty Ltd   AUS     website   email      
  ekaterra   
   owns 100% of Tea Too Pty Ltd  
NLD     website   email   facebook   twitter

Tea company

ekaterra is the world's largest tea business, comprising 34 tea brands and 90 facilities around the world. Part of Unilever until 2022, when CVC Capital Partners acquired the business for 4.5 billion euros. Distributed in Australia by Stuart Alexander.

      CVC Capital Partners Ltd   
       owns 100% of ekaterra  
UK     website         

Private equity firm

Founded in 1981 and today manages US$71 billion in funds throughout Europe, Asia and the US.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Tea Too Pty Ltd
Business Ethics Certified B Corporation
Certified B Corporations use the power of business to solve social and environmental problems. B Corps meet comprehensive and transparent social and environmental performance standards; meet higher legal accountability standards; and build business constituency for good business.
Source: B Corporation (2020)
Social Workers rights in India
In 2020 Be Slavery Free targeted this company for sourcing tea from Assam in India, where tea workers receive as little as AU$2.80 per day. This is not enough to meet their basic needs.
Source: Be Slavery Free (2020)
Environment Organic products
This company manufactures or distributes products that are certified organic under the Australian Certified Organic label.
Source: ACO (2022)
Social Fairtrade products
This company sells Fairtrade Certified tea. However this only represents a fraction of their total tea sales.
Source: Fairtrade ANZ (2019)
ekaterra
Social Workers rights in India
A 2019 investigation by Oxfam found workers on tea plantations in the Assam region of India are systematically denied their rights to a living wage and decent working and living conditions. Tea workers also struggle to get timely and good quality healthcare, access clean drinking water, and provide their children with a decent education. Women bear the heaviest burden of systemic inequality, as they are concentrated in the lowest paid plucking roles and also shoulder most of the unpaid domestic care work. This company sources tea from Assam.
Source: Oxfam (2019)
Environment Rainforest Alliance certified products
This company sells Rainforest Alliance certified tea. However this only represents a fraction of this company's total tea sales. Rainforest Alliance certification has been dubbed 'Fairtrade light' by critics, as it offers producers no minimum price for their crop, and guarantees a minimum of just 30% of the product is certified.
Source: Rainforest Alliance (2021)
Business Ethics Ethical Tea Partnership member
The Ethical Tea Partnership was formed in 1997 when a number of major tea companies committed to working together to improve the social and environmental conditions in their supply chains.
Source: Ethical Tea Partnership (2021)
Business Ethics Sustainability claims
This company has sustainability claims on its website.
Source: company website (2021)
CVC Capital Partners Ltd
Business Ethics Involvement in gambling
This company has investments in two gaming companies, Tipico and Gaming1.
Source: company website (2022)
Business Ethics CVC Foundation
In June 2011, the company established the CVC Foundation to take its philanthropy programme to the next level.
Source: company website (2022)
Business Ethics Sustainability claims
This company has sustainability claims on its website.
Source: company website (2022)
Business Ethics UN Principles for Responsible Investment signatory
UNPRI is a set of six principles direct institutional investors may adopt to consider environmental, social and corporate governance issues when investing. UNPRI is a voluntary agreement.
Source: UNPRI (2020)

> About the Icons

Company Details

Type Wholly-owned subsidiary
Employees 300+

Contact Details

Address 69 Salmon St, Port Melbourne, VIC, 3207, Australia
Phone 03 8698 0600
Email reception@t2tea.com
Website www.t2tea.com

Products / Brands

T2 Tea
T2 some products certified Fairtrade some products certified organic some products certified Fairtrade some products certified organic  Tea


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