Best & Less
In 2019 Allegro Funds bought Steinhoff International's Australasian general merchandise division, including the Best & less, Harris Scarfe, Debenhams and Postie retail chains.
|Best & Less Pty Ltd||AUS||website|
| Allegro Funds Pty Ltd
owns 100% of Best & Less Pty Ltd
|Best & Less Pty Ltd|
Signatory to the Australian Packaging Covenant, a voluntary agreement to encourage waste minimisation.
Source: Australian Packaging Covenant (2020)
Oxfam Australia's Company Tracker compares the big clothing brands on their efforts to pay a living wage to the women working in their factories. This company has released the names and addresses of at least 70% of their supplier factories, and has taken some action towards paying a living wage within a set timeframe in the supply chain.
Source: Oxfam Australia (2019)
According to Oxfam's 2019 report, "Made in Poverty - The True Cost of Fashion", this company sources from Bangladesh. Some of the many disturbing findings of the research in Bangladesh were that 100 per cent of workers interviewed were not paid a living wage, nine out of ten could not afford enough food for themselves and their families until their next monthly pay and seven out of 10 could not pay for medical treatment when they were sick or injured. Other findings include people sleeping on floors in overcrowded houses, spiralling debts, and mothers separated from their children.
Source: Oxfam Australia (2019)
This company has ethical sourcing claims on its website.
Source: company website (2014)
C grade in the Baptist World Aid Australia's 'Ethical Fashion Report 2019', which grades companies, from A to F, on the strength of their systems to mitigate against the risks of forced labour, child labour and worker exploitation in their supply chains, as well as protect the environment from the harmful impacts of the fashion industry. Assessment criteria fall into five main categories: policies, transparency and traceability, auditing and supplier relationships, worker empowerment and environmental management.
Source: Baptist World Aid Australia (2019)
In 2020 Baptist World Aid Australia released The COVID Fashion Report, a special edition of their Ethical Fashion Report. The report is framed around six COVID Fashion Commitments that ask companies to demonstrate the steps and measures they are taking to protect and support the most vulnerable workers in their supply chains. This company showed evidence of actions that cover SOME areas of the COVID Fashion Commitments.
Source: Baptist World Aid Australia (2020)
In 2020 Oxfam evaluated several clothing brand's purchasing practices across seven categories: whether a brand provides accurate forecasts of upcoming work to factories; its price negotiation strategies; whether a factory's environmental and social compliance influences the brand's purchasing decisions; how a brand places orders with factories; what its payment terms are; commitment to pay a living wage; and the transparency of a brand's supply chain. This company was given a score of 2 with 4 being the highest possible score.
Source: Oxfam Australia (2020)
|Allegro Funds Pty Ltd|
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)
|Address||657-673 Parramatta Road, Leichhardt, NSW, 2040, Australia|
|Phone||1300 135 766|