Kraft Heinz

OVERALL
Owned	USA
Rating

Food and beverages

Formed in 2015 when Heinz and Kraft merged, creating the 3rd largest food and beverage company in North America and the 5th largest food and beverage company in the world, with eight $1 billion+ brands.

Company Ownership


Kraft Heinz Company	USA	website	email	twitter
Berkshire Hathaway Inc owns 27% of Kraft Heinz Company	USA	website
Conglomerate The world's 3rd richest man, Warren Buffett, owns about a quarter of the company. Berkshire Hathaway owns stakes of $1 billion or more in many companies including American Express, The Coca-Cola Company, Procter & Gamble, Sanofi, Wells Fargo, and IBM. Acquired half of Heinz in 2013.
3G Capital owns 20% of Kraft Heinz Company	BRA	website	email
Private equity firm The firm has offices in New York City and Rio de Janeiro. Bought Burger King in 2010 and 50% of Heinz in 2013 (with Berkshire Hathaway buying the other 50%). Brazil's richest man, Jorge Paulo Lemann, is among the firm's backers and is also on the board of directors of the world's largest beer company, AB Inbev.

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Company Assessment

PRAISE

CRITICISM

INFORMATION

Kraft Heinz Company

CDP Forests Score of B

CDP Climate Change Score of B

100% on Corporate Equality Index

CDP Water Security Score of B-

Tier 3 in farm animal welfare rankings

62/100 S&P Global ESG Score

Palm oil sourcing

Supply chain practices in China

Human Rights Benchmark

Irresponsible Marketing

4/27 in pesticides scorecard

CEO Pay Ratio of 1,034:1

3.6% in Newsweek Green Ranking 2017

26% in Forest 500 Rankings

Plastic pollution

D grade for plastic pollution

Access to Nutrition rating

21/100 in KnowTheChain Benchmark

Excessive CEO pay

Fined for wheat price manipulation

Part ownership by Berkshire Hathaway

Possible GE in US brands

Climate action commitments

Cage-free eggs commitment

Non-GMO products in USA

How2Recycle member

Palm oil scorecard - WWF

Modern Slavery statement

Investment in nanotechnology

OpenSecrets.org profile

51.5% at JUST Capital

35.9% in Food and Agriculture Benchmark

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Company Details

Type	Public company
Revenue	26 billion USD (2018)
Employees	38,000 (2018)
Subsidiaries	HJ Heinz Company Australia Ltd Food manufacturing Heinz began production in Australia in 1935. Bought Golden Circle in 2008 and Cerebos in 2018. In 2015 Heinz merged with Kraft, becoming Kraft Heinz. - Cerebos (Australia) Ltd Food and beverage manufacturer In 2017 Kraft Heinz bought this company from Japanese beverages giant Suntory for $290 million. - Golden Circle Ltd Fruit and Vegetable Processing Golden Circle was bought by US food giant Heinz in Dec 2008.