Coles Group was spun-off from Wesfarmers in November 2018. Wesfarmers kept Officeworks, Kmart and Target, which were part of Coles Group when it was acquired by Wesfarmers for $20 billion in 2007. The new Coles group operates over 2,500 retail outlets around Australia across three divisions: Supermarkets, Liquor and Convenience. Coles was founded in 1914, publicly listed in 1929, merged with Myer in 1986 and sold Myer in 2006.
|Coles Group Ltd||AUS||website|
| Wesfarmers Ltd
owns 10% of Coles Group Ltd
|Coles Group Ltd|
The 2020 Business Benchmark on Farm Animal Welfare (BBFAW) report ranks global food companies on how they are managing and reporting their farm animal welfare policies and practices. This company appeared in tier 3, "Established but work to be done", with tier 1 being the best, and tier 6 the worst.
Source: BBFAW (2020)
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 #12/350, with a total score of 49.6/100.
Source: World Benchmarking Alliance (2021)
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: CHRB (2019)
In 2019 this company agreed to pay Norco around $5.25 million for distribution to its dairy farmer members. The payments follow an ACCC investigation into whether Coles fully passed on to Norco a 10 cents per litre (cpl) price rise it charged consumers for Coles branded fresh milk, as it claimed it would do in Coles marketing materials. The ACCC was "fully prepared to take Coles to court over what we believe was an egregious breach of the Australian Consumer Law."
Source: ACCC (2019)
This company is 10% owned by Wesfarmers, which has criticisms in the Shop Ethical database.
Source: Shop Ethical (2019)
According to the democracyforsale.net website, this company donated $165,000 to Australia's major political parties between 2012 and 2018, as disclosed to the Australian Electoral Commision (AEC).
Source: Democracy For Sale (2018)
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 100 largest listed companies on the Australian Stock Exchange (ASX100). This company ranked #13 of 100 companies.
Source: Monash University (2021)
This company has a number of sustainability claims on its website under the headings ethical sourcing, responsible sourcing, environment, health and nutrition, community and suppliers, and our people. Coles also outlines 10 key commitments in the area of food waste and packaging.
Source: company website (2018)
In 2020/21 KnowTheChain benchmarked over 180 large global companies in the ICT, Food & Beverage, and Apparel & Footwear sectors on their efforts to address forced labour and human trafficking in their supply chains. This company received a score of 46/100.
Source: KnowTheChain (2021)
This company received an S&P Global ESG Score of 55/100 in the Food & Staples Retailing category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 7 Feb 2021). 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 (2021)
|Subsidiaries||Coles Supermarkets Australia Pty Ltd
- Eureka Operations Pty Ltd
- Queensland Venue Co (50% owned)
- Liquorland (Australia) Pty Ltd
|Address||800 Toorak Rd, Hawthorn East, VIC, 3123, Australia|
|Phone||03 9829 5111|
Products / BrandsColes Supermarkets
Coles Express Fuel & Convenience Stores
El Sueno Seltzer
First Choice Liquor Stores
Hammer 'N' Tongs Beer
John Samson Scotch Whisky
Kentucky Gold Bourbon
Liquorland Liquor Stores
Mr Finch Cider
Old Lions Gin
Pure Origin Vodka
Vintage Cellars Liquor Stores