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

100% on Corporate Equality Index

Supply chain practices in China

Palm oil sourcing

Deforestation ranking

Access to Nutrition rating

Irresponsible Marketing

Human Rights Benchmark

3.6% in Newsweek Green Ranking 2017

CEO Pay Ratio of 1,034:1

24% in Forest 500 Rankings

Plastic pollution

CDP Climate Change Score of D

D- grade for plastic pollution

23/100 in KnowTheChain Benchmark

2/30 in pesticides scorecard

Part ownership by Berkshire Hathaway

Excessive CEO pay

Fined for wheat price manipulation

Possible GE in US brands

Climate action commitments

Cage-free eggs commitment

How2Recycle member

Palm oil scorecard - WWF

CDP Forests Score of C

Investment in nanotechnology

Modern Slavery statement

CDP Water Security Score of C

Tier 4 in farm animal welfare rankings

48/100 S&P Global ESG Score

53.5% at JUST Capital

OpenSecrets.org profile

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Company Details

Type	Public company
Revenue	US$26 billion in 2018
Employees	38,000 in 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.