Keurig Dr Pepper
Formed in 2018 with the merger of Keurig Green Mountain and Dr Pepper Snapple Group.
|Keurig Dr Pepper Inc||USA||website|
| Acorn Holdings BV
owns 72% of Keurig Dr Pepper Inc
Holding company for coffee companies JDE Peet's and Keurig Dr Pepper. This JAB Holdings controlled investor group owned D.E Master Blenders 1753 when it merged with Mondelez's coffee business in 2014 to create the world's largest 'pure play' coffee company, Jacobs Douwe Egberts, which was merged with Peet's in 2020 to create JDE Peet's.
| JAB Holding Company SARL
owns 65% of Acorn Holdings BV
Owned by four siblings from one of Europe's wealthiest and most private families, the Reimanns. The company is run my three CEOs, who collectively own about 8% of JAB. Owns controlling stakes in beauty business Coty, coffee giant JDE Peet's, beverages giant Keurig Dr Pepper and Krispy Kreme Doughnuts, among others.
| Mondelez International Inc
owns 11% of Keurig Dr Pepper Inc
Kraft Foods was spun off from tobacco company Altria (formerly Philip Morris) in March 2007. Bought Cadbury in 2010. In October 2012 Kraft Foods split into two public companies: a global snacks business named Mondelez International, and a North American grocery business called Kraft Foods Group Inc.
|Keurig Dr Pepper Inc|
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 A-.
Source: CDP (2022)
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 A-.
Source: CDP (2022)
America's Most Responsible Companies 2022 by Newsweek and Statista recognises the Top 500 most responsible companies in the United States. Companies were evaluated in three areas: environmental (waste, energy use, etc.), social (leadership diversity, employees and philanthropy) and governance (transparency and economic performance). This company received a total score of 84.2/100, ranking 8th in the Consumer Goods sector, and 64th overall.
Source: Newsweek (2021)
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)
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 #34/350, with a total score of 40.5/100.
Source: World Benchmarking Alliance (2021)
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 154th of 951 companies, and 4th of 31 Food, Beverage & Tobacco companies.
Source: JUST Capital (2023)
The Talking Trash 2020 report by Changing Markets investigates the corporate playbook of false solutions to the plastic crisis. It found that the industry is actively delaying and derailing ambitious action on plastic pollution in its fight to maintain business as usual for as long as possible. For example, this company is signed up to 4 nice-sounding voluntary initiatives to address plastic waste, while also participating in 3 industry associations which lobby against legislation that could restrict plastic, or make corporations responsible for managing the waste they create, financially or otherwise.
Source: Changing Markets (2020)
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 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 19th.
Source: Access to Nutrition Foundation (2021)
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 31/100.
Source: KnowTheChain (2021)
This company received an S&P Global ESG Score of 36/100 in the Beverages category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 23 Sep 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 2019 the median pay for a worker at this company was US$49,645. The CEO was paid 185 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)
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; commit to 100% renewable power.
Source: We Mean Business (2021)
This company is a signatory to the New Plastics Economy Global Commitment, whose goal is to eliminate plastic pollution at its source.
Source: New Plastics Economy (2022)
This company is a member of the Responsible Business Alliance (formerly the Electronic Industry Citizenship Coalition), a non-profit coalition of electronics companies which supports the rights and wellbeing of workers and communities worldwide affected by the global electronics supply chain. RBA members commit and are held accountable to a common Code of Conduct and utilize a range of RBA training and assessment tools to support continuous improvement in the social, environmental and ethical responsibility of their supply chains.
Source: RBA (2022)
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 C+
Source: As You Sow (2021)
|Acorn Holdings BV|
|No assessment data currently available for Acorn Holdings BV|
|JAB Holding Company SARL|
This company received an S&P Global ESG Score of 1/100 in the Diversified Financial Services and Capital Markets category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 7 Feb 2021). 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 (2021)
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 5, "On the business agenda but limited evidence of implementation", with tier 1 being the best, and tier 6 the worst.
Source: BBFAW (2021)
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)
This article about Coty's failed 2012 bid to buy Avon discusses the history of Joh A Benckiser and its owners, the Reimann family, one of Europe's wealthiest and most private families.
Source: news article (2012)
|Revenue||11 billion USD (2018)|
|Subsidiaries||Dr Pepper Snapple Group Inc
Established in 2008 following the spinoff of Cadbury Schweppes Americas Beverages (CSAB) from Cadbury Schweppes. Merged with Keurig Green Mountain in 2018 to form Keurig Dr Pepper.
Keurig Green Mountain Inc
Founded in 1981. JAB bought a majority stake in 2016, and in 2018 Keurig acquired Dr Pepper Snapple Group for US$18.7 billion.
|Address||Burlington, Massachusetts, USA|
Products / BrandsDr Pepper Snapple Group
Snapple Iced Tea