Vesco Foods
OVERALL |
|
Owned |
HKG |
Rating |
![]() |
Frozen food manufacturing
Founded in 1974. Acquired by Hong Kong private equity firm PAG in 2022.
Company Ownership
Vesco Foods Pty Ltd | AUS | website | ||||
PAG ![]() owns 100% of Vesco Foods Pty Ltd |
HKG | website | ||||
Investment firm Founded as Pacific Alliance Group in 2002. Investment partner operating in Asia with US$50 billion of assets under management. Australian investments include Craveable Brands (Red Rooster and Oporto), Patties Foods, Vesco Foods, The Cheesecake Shop, Cordina Farms, Australian Venue Co and Rex. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Vesco Foods Pty Ltd | ||||
Some, but not necessarily all, of this company's frozen food products are palm oil free. For more details, follow the link to see Borneo Orangutan Survival Australia's list of products which manufacturers have told them are palm oil free or contain segregated certified sustainable palm oil.
Source: BOS Australia (2020)
This company has claims on its website in the areas of sustainability and community involvement.
Source: company website (2018)
Human Rights Law Centre's 2021 report, "Paper Promises? Evaluating the early impact of Australia's Modern Slavery Act", examines statements submitted to the Government's Modern Slavery Register by 102 companies sourcing from four sectors with known risks of modern slavery: garments from China, rubber gloves from Malaysia, seafood from Thailand and fresh produce from Australia. Modern slavery statements are analysed to see if they comply with the mandatory reporting requirements, identify or disclose obvious modern slavery risks, and demonstrate effective actions to address risks. This company's modern slavery disclosure statement received a rating in the 31-40% range. The average score was 37% and the highest score was 83%.
Source: Human Rights Law Centre (2021) |
||||
PAG | ||||
This company is part owned and backed by Blackstone, which has an overall Shop Ethical rating of 'F'.
Source: Shop Ethical (2021) |
This company has environment, social and governance claims on its website under the headings investment principles, approach and transparency & reporting.
Source: company website (2022)
UNPRI is a set of six principles direct institutional investors may adopt to consider environmental, social and corporate governance issues when investing. UNPRI is a voluntary agreement.
Source: UNPRI (2022) |
Company Details
Type | Private company |
Founded | 1974 |
Revenue | 196 million AUD (2020) |
Employees | 630 (2021) |
Aus Manufacturing | Yes |
Contact Details
Address | 14 Neil St, Osbourne Park, WA, 6017, Australia |
Phone | 08 9273 6100 |
Freecall | 1800 099 033 |
generalenquiries@vescofoods.com.au | |
Website | www.vescofoods.com.au |
Products / Brands
Vesco Foods
Annabel Karmel Baby Food Annabel Karmel Frozen Meals/Pizza Lean Cuisine Frozen Meals/Pizza On The Menu Frozen Meals/Pizza Super Nature Frozen Meals/Pizza |