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Kraft Heinz

OVERALL

Owned
USA
Rating
Criticisms

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.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Kraft Heinz Company
Environment CDP Forests Score of B
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts towards removing commodity-driven deforestation and forest degradation from its direct operations and supply chains. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Forests Score of B.
Source: CDP (2022)
Environment CDP Climate Change Score of B
In 2022, 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 B.
Source: CDP (2022)
Social 100% on Corporate Equality Index
This company is listed as having best practice on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
Source: Human Rights Campaign (2021)
Social CDP Water Security Score of B-
In 2022, 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 B-.
Source: CDP (2022)
Environment Palm oil sourcing
This company sources palm oil from at least 20 of the 25 dirty palm oil producers identified in the 2018 Greenpeace report "The Final Countdown". In addition to deforestation, the 25 individual cases in the report include evidence of exploitation and social conflicts, illegal deforestation, development without permits, plantation development in areas zoned for protection and forest fires linked to land clearance.
Source: Greenpeace (2018)
Environment Supply chain practices in China
This company received a score of 9.1/100 (retrieved 10-Oct-2020) in the Corporate Information Transparency Index (CITI), a system for evaluating supply chain practices in China, particularly in regards to environmental management and water pollution. Scores are calculated using government compliance data, online monitoring data, and third-party environmental audits, as well as trends in the environmental performance of factories in the company's supply chains.
Source: IPE (2020)
Social Irresponsible Marketing
This company is named and shamed in IBFAN's 2017 report, 'Breaking the Rules, Stretching the Rules 2017', evidence of violations of the International Code of Marketing of Breastmilk Substitutes, compiled from June 2014 to June 2017. The report covers 792 Code violations from 79 countries and by 28 companies.
Source: IBFAN (2017)
Social 4/27 in pesticides scorecard
Over the last 60 years farming has become dependent on the intensive use of chemicals. As You Sow's 2021 report, Pesticides in the Pantry, examines the growing risks posed by the use of synthetic pesticides in agricultural supply chains to food manufacturers, and scores companies on their efforts to reduce pesticide use in their supply chains. Scores ranged from 16 to 0, with an average score of 7.5. This company received a score of 4/27.
Source: As You Sow (2021)
Business Ethics CEO Pay Ratio of 1,034:1
In 2019 the median pay for a worker at this company was US$42,689. The CEO was paid 1,034 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
Source: AFL-CIO (2020)
Business Ethics 3.6% in Newsweek Green Ranking 2017
This company received a score of 3.6/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
Source: Newsweek (2017)
Environment 26% in Forest 500 Rankings
Forest 500 identifies the 350 companies and 150 financial institutions with the greatest exposure to tropical deforestation risk, and annually assesses them on the strength and implementation of their deforestation and human rights commitments. This company received a score of 26%.
Source: Forest 500 (2021)
Environment Palm oil scorecard - WWF
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 is rated 'lagging behind' with a score of 10.96 out of a possible total of 24.
Source: WWF Palm Oil Buyers Scorecard (2021)
Environment Plastic pollution
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)
Environment D grade for plastic pollution
As You Sow's 2021 Corporate Plastic Pollution Scorecard ranks companies on plastic packaging pollution. The study measures the progress of 50 large companies in the beverage, quick-service restaurant, consumer packaged goods, and retail sectors on six core pillars where swift action is needed to reduce plastic pollution: 1) Packaging Design, 2) Reusable Packaging, 3) Recycled Content, 4) Public Data Transparency, 5) Support for Recycling, and 6) Producer Responsibility. This company received a grade of D
Source: As You Sow (2021)
Social Access to Nutrition rating
The Global Access to Nutrition Index assesses how the world's 25 largest global food and beverage manufacturers contribute to addressing malnutrition in all its forms: overweight and obesity, undernutrition, and micronutrient deficiency. All have been assessed on their commitments, practices, and disclosure with regards to governance and management; the production and distribution of healthy, affordable, accessible products; and how they influence consumer choices and behavior. Of the 25 companies ranked, this company came 20th.
Source: Access to Nutrition Foundation (2021)
Social 13.8% in Human Rights Benchmark
The 2022 Corporate Human Rights Benchmark assessed 127 companies in the food and agriculture, ICT and automotive manufacturing sectors on their human rights performance. This company received a score of 13.8%. The overall average score was a disappointing 17.3% and the highest score was 50.3%.
Source: World Benchmarking Alliance (2022)
Social 21/100 in KnowTheChain Benchmark
In 2020/21 KnowTheChain benchmarked over 180 large global companies in the ICT, Food & Beverage, and Apparel & Footwear sectors on their efforts to address forced labour and human trafficking in their supply chains. This company received a score of 21/100.
Source: KnowTheChain (2021)
Business Ethics Excessive CEO pay
As You Sow's 2021 report, 'The 100 Most Overpaid CEOs', reveals the 100 most overpaid CEOs from USA's 500 largest public companies (as determined by the S&P 500 list). This company's CEO, Miguel Patricio came in at number 6 on the list, having been paid US$43,297,480 in 2020. According to the report, "Most CEOs have come to be grossly overpaid, and that overpayment is harmful to the companies, the shareholders, the customers, the other employees, the economy, and society as a whole."
Source: As You Sow (2021)
Business Ethics Part ownership by Berkshire Hathaway
Kraft Heinz is 27% owned by Warren Buffet's Berkshire Hathaway, who get an 'F' rating.
Source: Shop Ethical (2021)
Business Ethics Fined for wheat price manipulation
In 2019 the US Commodity Futures Trading Commission (CFTC) said that Kraft Heinz and Mondelez International will pay $16m in penalty regarding a wheat manipulation case that dates back to 2015. The CFTC said Kraft and Mondelez came up with a strategy to purchase and stand for delivery on more than 3,000 futures contracts, priced at about $90m, to send the market a false signal that the companies had demand for wheat. The lawsuit was filed by wheat futures and options traders who accused Kraft and Mondelez of illegally manipulating the grain's price at their expense.
Source: news article (2019)
Business Ethics 42.3/125 at JUST Capital
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2023 rankings JUST Capital asked a representative sample of 3,002 Americans to compare 20 different business Issues on a head-to-head basis, producing a reliable hierarchy of Issues ranked in order of priority. Issues are organised under the headings Workers, Customers, Communities, the Environment, or Shareholders & Governance. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 705th of 951 companies, and 24th of 31 Food, Beverage & Tobacco companies.
Source: JUST Capital (2023)
Business Ethics Possible GE in US brands
This company has products rated RED in the Centre for Food Safety's True Food Shopper's Guide (USA). Products on the RED list contain ingredients that come from the most common GE crops (corn, soy, canola, cotton). Companies with products on this list have confirmed that their products may have or are likely to be made with GE ingredients, or have not denied using GE foods when given the opportunity to do so.
Source: Center for Food Safety USA (2018)
Environment Climate action commitments
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
Source: We Mean Business (2021)
Animals Cage-free eggs commitment
This company is listed on the RSPCA Australia website as 'cage-free and proud', signifying a commitment to source 100% cage-free eggs by 2025. Essentially cage-free means barn laid, which is better than cage eggs, but still much worse than free-range or organic eggs when it comes to animal welfare.
Source: RSPCA Australia (2020)
Business Ethics Non-GMO products in USA
This company has products that have been verified as compliant with the Non-GMO Project Standard, North America's only independent verification for products made according to best practices for GMO avoidance.
Source: Non-GMO Project (2021)
Business Ethics How2Recycle member
This company is a member of How2Recycle. The How2Recycle Label is a voluntary, standardized labeling system that clearly communicates recycling instructions to the public. It involves a coalition of forward thinking brands who want their packaging to be recycled and are empowering consumers through smart packaging labels. Companies must be a member of the program to use the How2Recycle Label.
Source: How2Recycle (2020)
Social Modern Slavery statement
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Source: company website (2017)
Animals Tier 4 in farm animal welfare rankings
The 2021 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: BBFAW (2021)
Business Ethics Investment in nanotechnology
Friends of the Earth's 2014 report "Tiny Ingredients, Big Risks" names Heinz as one of over 200 transnational food companies engaged in nanotechnology research and development, and on their way to commercializing products. New studies are adding to a growing body of scientific evidence indicating nanomaterials may be toxic to humans and the environment.
Source: FOE (2014)
Business Ethics OpenSecrets.org profile
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
Source: Open Secrets (2020)
Business Ethics 59/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 59/100 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)
Business Ethics 35.9% in Food and Agriculture Benchmark
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 #58/350, with a total score of 35.9/100.
Source: World Benchmarking Alliance (2021)

> About the Icons

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.

Contact Details

Address Pittsburgh, Pennsylvania, USA
Website www.kraftheinzcompany.com

Products / Brands

Kraft Heinz
ABC Soy/Asian Sauce
ABC Asian

Kraft Heinz Australia
Asian Home Gourmet Asian
Bisto Gravy
Cottee's Jam
Cottee's Topping & Syrup
Cottee's Pudding & Custard
Ezy-Sauce Pickles, Chutney & Relish
Farex Baby Food
Foster Clark's Pudding & Custard
Fountain Salad Dressing/Mayonnaise
Fountain Tomato/BBQ Sauce
Fountain Soy/Asian Sauce
Fountain Pickles, Chutney & Relish
Fountain Chilli/Hot Sauce
Golden Circle Canned Vegies/Beans
Golden Circle Canned Fruit
Golden Circle Cordial
Golden Circle Juice & Fruit Drinks
Gravox Gravy
Gravox Stock
Greenseas Canned Fish (Tuna)
Hamper Canned Meat/Meals
Heinz Canned Fruit
Heinz Packet Meals
Heinz Baby Accessories
Heinz some products certified organic some products certified organic  Baby Food
Heinz Baby Formula
Heinz Baked Beans/Spaghetti
Heinz Canned Vegies/Beans
Heinz Frozen Vegies/Chips
Heinz Salad Dressing/Mayonnaise
Heinz Frozen Meals/Pizza
Heinz Canned Meat/Meals
Heinz Soup
Heinz Pickles, Chutney & Relish
Heinz Baby Wipes
Heinz Tomato/BBQ Sauce
Heinz Mustard
Heinz Pudding & Custard
Heinz Chilli/Hot Sauce
HP Tomato/BBQ Sauce
Ice Magic Topping & Syrup
Kraft Salad Dressing/Mayonnaise
Kraft Cheese
Kraft Easy Mac Packet Meals
Kraft Mac & Cheese Packet Meals
Lea & Perrins Pickles, Chutney & Relish
Little Kids Baby Food
LOL Juice & Fruit Drinks
Monbulk Jam
Popper Juice Juice & Fruit Drinks
Rose's Jam
Saxa Herbs & Spices
Tandaco Yeast & Baking Agents
Tandaco Herbs & Spices
Tandaco Packet Meals
Tom Piper Canned Meat/Meals
Wattie's Baked Beans/Spaghetti
Weight Watchers Frozen Meals/Pizza
White Crow Tomato/BBQ Sauce


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