Largest dairy processor in Canada, and the twelfth largest in the world. Majority owned by the founding Saputo family. Founded in Canada in 1954, the company has expanded by mergers and acquisitions, particularly the USA, UK, Germany and Argentina. Acquired Australian dairy companies Warrnambool Cheese & Butter in 2014 and Murray Goulburn in 2018, and has begun to integrate the two companies under the name Saputo Dairy Australia.
This company received an S&P Global ESG Score of 20/100 in the Food Products 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 has products rated RED in Greenpeace Canada's "How to Avoid Genetically Engineered Foods" Shoppers Guide. Products on the RED list are likely to contain GE or GE-derived ingredients from the most widely grown GE crops, usually corn, soy, canola or cotton. Companies on this list have confirmed that their products may or are likely to be made with GE ingredients, or have not denied using GE foods when given the opportunity to do so.
[Source 2013][More on Genetic Engineering]
This company was fined C$187,500 after a worker was killed by a cheese cutting machine. The Ontario Court of Justice levied the fine on May 1, 2018 after the company pleaded guilty to failing to ensure a pinch point was guarded resulting in the worker's death in December 2016.
[Source 2018][More on Workers Rights]
This company has a number of environmental claims on its website.
[Source 2013][More on Environmental Claims]
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 C.
[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 C.
[Source 2019][More on Human Rights]
A 2015 Mercy For Animals Canada investigation revealed animal abuse at Chilliwack Cattle Company - a major Saputo dairy supplier. Saputo responded by releasing a new animal welfare policy and saying it will refuse to buy milk from farmers that don't treat their animals humanely. The policy also commits to eliminating the practice of cutting or docking the cow's tail, administering pain control when dehorning cattle and reducing stress on cows through low-energy animal handling methods.
[Source 2015][More on Animal Rights]
The 2019 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 4, "Making progress on implementation", with tier 1 being the best, and tier 6 the worst.
[Source 2019][More on Animal Rights]
|Company Structure||Public company|
|Revenue||C$11.2 billion in 2017|
|# Employees||12,800 in 2017|
|Subsidiaries||Saputo Dairy Australia Pty Ltd
- Warrnambool Cheese and Butter Factory Company Holdings Ltd
- Danone Murray Goulburn (50% owned)
Products / BrandsSaputo Dairy Australia
Australian Gold Cheese
Devondale Butter & Margarine
Devondale Flavoured Milk
Devondale Milk Powder
Heidi Farm Cheese
Il Migliore Cheese
King Island Dairy Cheese
Liddells Flavoured Milk
Liddells Pudding & Custard
Mersey Valley Cheese
Moo Flavoured Milk
South Cape Cheese
Tasmanian Heritage Cheese
Warrnambool Cheese & Butter
Cracker Barrel Cheese
Fred Walker Cheese
Great Ocean Road Cheese
Great Ocean Road Milk
Great Ocean Road Flavoured Milk
Mil Lel Cheese
Sungold Flavoured Milk
Danone Murray Goulburn (50% owned)
Canada's Saputo acquires Warnambool Cheese and Butter
13th Feb 2014 — Saputo's takeover offer for Warrnambool Cheese and Butter Factory has closed, with the Canadian dairy giant holding just shy of 88% of the Australian processor. In a statement issued to the Australian stock exchange, Saputo said it had "acquired a relevant interest of 87.920% of Warrnambool shares". Saputo, which beat off bids for WCB from Australian firms Bega Cheese and Murray Goulburn, added: "Saputo looks forward to working closely with the board and management of Warrnambool to pursue Warrnambool's strategic objectives and continue to grow its business. At this stage Saputo expects that Warrnambool will remain listed on ASX, unless and until Warrnambool no longer meets criteria for listing." Japanese food and drinks giant Kirin Holdings has retained its 9.99% stake in WCB, shares acquired through Australian dairy arm Lion. Read more... [source]