Kraft Heinz Australia

OVERALL
Owned	USA
Rating

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.

Company Ownership


HJ Heinz Company Australia Ltd	AUS	website	email	facebook
Kraft Heinz Company owns 100% of HJ Heinz Company Australia Ltd	USA	website	email		twitter
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.
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

HJ Heinz Company Australia Ltd

Australian Packaging Covenant signatory

Red rating in Canned Tuna Guide

Misleading labelling

Nanoparticles in baby formula

Misleading labelling

Job cuts

Organic products

Palm oil free products

MAIF signatory

Dolphin safe

Kraft Heinz Company

CDP Climate Change Score of B-

CDP Water Security Score of B-

100% on Corporate Equality Index

Tier 3 in farm animal welfare rankings

62/100 S&P Global ESG Score

Deforestation ranking

Palm oil sourcing

Supply chain practices in China

Human Rights Benchmark

Irresponsible Marketing

Access to Nutrition rating

CEO Pay Ratio of 1,034:1

3.6% in Newsweek Green Ranking 2017

24% in Forest 500 Rankings

Plastic pollution

D- grade for plastic pollution

2/30 in pesticides scorecard

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

How2Recycle member

Palm oil scorecard - WWF

Modern Slavery statement

Investment in nanotechnology

OpenSecrets.org profile

53.5% at JUST Capital

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Company Details

Type	Wholly-owned subsidiary
Revenue	1.2 billion AUD (2017)
Employees	900 (2017)
Aus Manufacturing	Yes
Subsidiaries	Cerebos (Australia) Ltd Food and beverage manufacturer In 2017 Kraft Heinz bought this company from Japanese beverages giant Suntory for $290 million. - SalPak Pty Ltd (44% owned) Salt Joint venture between Cerebos and Cheetham Salt which began in the mid 1960s. Golden Circle Ltd Fruit and Vegetable Processing Golden Circle was bought by US food giant Heinz in Dec 2008. - Original Juice Company Pty Ltd Fruit juice manufacturer Melbourne based Original Juice Co was bought by Golden Circle Ltd in 2002.