URC
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OVERALL |
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Owned |
PHL |
Rating |
N/A |
Food and beverages
One of the largest food and beverage companies in the Philippines and a core subsidiary of Philippines-based conglomerate JG Summit. Acquired Griffin's in 2014 and Snack Brands Australia in 2016.
Company Ownership
Universal Robina Corporation | PHL | website | ||||
JG Summit Holdings Inc
owns 56% of Universal Robina Corporation |
PHL | website | ||||
Conglomerate One of the Philippines' largest conglomerates. JG Summit has seven core businesses: branded consumer, agro-industrial and commodity food products; real estate and property development; air transportation services; petrochemicals; banking and financial services; telecommunications; and Power. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Universal Robina Corporation | ||||
This company received an S&P Global ESG Score of 17/100 in the Food Products category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 18 Nov 2022). 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 (2022)
In 2018 volunteers collected and catalogued more than 187,000 pieces of trash from beach cleanups around the world to find out which corporations are contributing the most to the global plastic pollution problem. While not in the top 10, this company ranked as one of the world's worst plastic polluters.
Source: #breakfreefromplastic (2018)
The PalmOil Scan app, produced by the World Association of Zoos and Aquariums (WAZA), rates companies on their commitment to sourcing sustainable palm oil. Companies are scored on their use of certified sustainable palm oil (CSPO), commitment to sourcing CSPO, on-the-ground conservation action, and membership to the RSPO. Companies can earn a rating of Excellent, Good, Poor or No Commitment. This company is rated "Poor" (retrieved 18 Nov 2023).
Source: WAZA (2023)
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 #233/350, with a total score of 11/100.
Source: World Benchmarking Alliance (2021) |
The Philippine Supreme Court upheld a P.1.25 million fine (about AU$31,000) by the Laguna Lake Development Authority and the Court of Appeals after Universal Robina Corporation's corn refinery plant was found to have polluted the Pasig River with its wastewater.
Source: news article (2011)
The WWF Palm Oil Buyers Scorecard 2021 assesses 227 companies on the actions companies have taken to ensure their own palm oil supply chain is sustainable and free of deforestation, natural ecosystem conversion, and human rights abuse. This company failed to respond to WWF's requests for information.
Source: WWF Palm Oil Buyers Scorecard (2021)
In 2016 the Vietnamese branch of this company was fined US$259,119 for food safety violations after producing and selling products with excessive lead content. This was the highest fine ever issued by the Ministry of Health.
Source: news article (2016)
This company has Corporate Social Responsibility claims on its website, mainly in the area of philanthropy.
Source: company website (2014)
In 2023, 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: CDP (2023) |
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JG Summit Holdings Inc | ||||
This company received an S&P Global ESG Score of 25/100 in the Industrial Conglomerates category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 21 Oct 2022). 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 (2022) |
Born from JG Summit's commitment to social responsibility, the Gokongwei Brothers Foundation (GBF) was set up in 1992 to help uplift the socio-economic condition of Filipinos through the funding of educational projects.
Source: company website (2014)
In 2023, 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: CDP (2023) |
Company Details
Type | Public company |
Founded | 1954 |
Revenue | 1.9 billion USD (2013) |
Employees | 13,900 (2019) |
Contact Details
Address | Quezon City, Philippines |
urc-customercare@jgsummit.net | |
Website | www.urc.com.ph |