API Consumer Brands
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Owned |
AUS |
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Healthcare, pharmaceuticals & skin care
New Zealand based manufacturer of health & beauty products. Owned by Australian-based pharmaceutical company, API, owner of Priceline.
Company Ownership
API Consumer Brands | NZL | website | ||||
Australian Pharmaceutical Industries Ltd ![]() owns 100% of API Consumer Brands |
AUS | website | ||||
Healthcare services API has four core business operations - pharmaceutical distribution, manufacturing, retail pharmacy brands and hospital and medical distribution. API was established as a chemists' co-operative in 1910 and listed on the ASX on 16 June 1997. The API retail pharmacy banner groups are Priceline, Soul Pattinson, and Pharmacist Advice. Almost 90 per cent of the 1579 pharmacies, health and beauty stores and beauty salons supplied by API are owned and operated by franchisees. Acquired by Wesfarmers in 2022. | ||||||
Wesfarmers Ltd ![]() owns 100% of Australian Pharmaceutical Industries Ltd |
AUS | website | ||||
Retail, energy, insurance, chemicals Founded in WA in 1914 as a farmers' cooperative, today Wesfarmers operations include department stores; home improvement and office supplies; insurance; chemicals, energy and fertilisers; and industrial and safety products. Acquired Coles Group in 2007 for $20 billion in the biggest takeover in Australian corporate history. Coles was spun-off in November 2018. Wesfarmers kept Officeworks, Kmart and Target, which were part of Coles Group when it was acquired by Wesfarmers. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
API Consumer Brands | ||||
This company's Only Good brand claims to be palm oil free and not tested on animals, but it lacks the relevant third party accreditations to back up their claims.
Source: company website (2018) |
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Australian Pharmaceutical Industries Ltd | ||||
In 2018 the Therapeutic Goods Administration's Complaints Resolution Panel upheld complaints about ads by this company on the grounds that they breached advertising codes. The Panel requested this company withdraw the ads and not to use representations in the ads again.
Source: TGA Complaints Register (2018)
This company has sustainability claims on it website in its 2020 Sustainability Report which includes actions to help protect the planet.
Source: company website (2021)
This company has details of the Priceline Sisterhood Foundation on its website whose purpose is to give back to the community and specifically to provide support for women and their families.
Source: company website (2021)
Modern slavery disclosure is a critical step in mitigating the risk associated with modern slavery practices in companies' operations and supply chains. The quality of the disclosure signals the level of commitments and efforts that the companies have put in managing these risks. In 2021 the Monash Centre for Financial Studies analysed and ranked the disclosure quality of the modern slavery statements submitted by the 300 largest listed companies on the Australian Stock Exchange (ASX300). This company's modern slavery disclosure statement received a grade of D.
Source: Monash University (2021) |
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Wesfarmers Ltd | ||||
The 2019 Corporate Human Rights Benchmark assessed 200 of the largest publicly traded companies in the world from the Agricultural Products, Apparel, Extractives and ICT Manufacturing sectors on 100 human rights indicators. This company's score was in the 40-50 band range. The overall average score was a disappointing 24%.
Source: World Benchmarking Alliance (2019)
Modern slavery disclosure is a critical step in mitigating the risk associated with modern slavery practices in companies' operations and supply chains. The quality of the disclosure signals the level of commitments and efforts that the companies have put in managing these risks. In 2021 the Monash Centre for Financial Studies analysed and ranked the disclosure quality of the modern slavery statements submitted by the 300 largest listed companies on the Australian Stock Exchange (ASX300). This company's modern slavery disclosure statement received a grade of A.
Source: Monash University (2021)
Oxfam Australia's Company Tracker compares the big clothing brands on their efforts to pay a living wage to the women working in their factories. This company has released the names and addresses of at least 70% of their supplier factories, has taken some action towards paying a living wage within a set timeframe in the supply chain, and has made a commitment to ringfence wages.
Source: Oxfam Australia (2021)
This company received an S&P Global ESG Score of 62/100 in the Retailing 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 2023 seven subsidiaries of Wesfarmers Industrial and Safety Pty Ltd (WIS) back-paid more than $4.8 million to more than 3,400 underpaid employees nationally and signed an Enforceable Undertaking (EU) with the Fair Work Ombudsman. The company was also ordered to make a $100,000 contrition payment.
Source: Fair Work Ombudsman (2023) |
This company received a score of 35.3/100 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)
According to the democracyforsale.net website, this company donated $638,000 to Australia's major political parties between 2012 and 2018, as disclosed to the Australian Electoral Commision (AEC).
Source: Democracy For Sale (2018)
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: put a price on carbon; responsible corporate engagement in climate policy; report climate change information in mainstream reports as a fiduciary duty.
Source: We Mean Business (2021)
Between 2015 and 2018 this company paid $3 billion tax on a total income of $199 billion, earning the number 8 spot on Michael West's Top 40 Tax Payers 2020. West calculated which of Australia's largest companies have paid the most tax using three years of tax transparency data published by the Australian Tax Office.
Source: Michael West (2018)
This company has sustainability claims on its website in the areas of sourcing, community, environment and indigenous engagement.
Source: company website (2019)
This company used to operate coal mines, but sold off its last coal asset in 2018.
Source: Reuters (2022)
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 (2021) |
Company Details
Type | Wholly-owned subsidiary |
Contact Details
Address | Manukau City, Auckland, New Zealand |
sales@api.net.nz | |
Website | www.api.net.nz |
Products / Brands
API Consumer Brands
Health Basics Body Wash Only Good Body Wash Only Good Hand Wash/Sanitiser |