Corn flour and tortilla maker
The world's #1 corn flour and tortilla maker, Gruma bought Australian corn chips company Rositas in Jan, 2006.
|GRUMA, S.A.B. de C.V.||MEX||website|
|GRUMA, S.A.B. de C.V.|
This company received an S&P Global ESG Score of 9/100 in the Food Products category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. 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 2019][More on Sustainability Reporting]
This New York Times article from 1996 explains how Gruma's cornflour brand Maseca benefited enormously from Government policies aimed at nothing less than changing the way Mexicans eat, substituting corn flour mass-produced by Maseca for the fresh corn dough that had been the staple for generations. Gruma CEO Roberto Gonzalez Barrera was lifelong friends with Carlos Salinas de Gortari, who was President of Mexico from 1988 to 1994.
[Source 1996][More on Governance]
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 2016][More on Genetic Engineering]
Gruma is defending a proposed class action (July 2013) over the labeling of its tortilla products. Lawyers for the proposed class contend food packaging with "All Natural" on it are false and misleading because they contain GMOs (genetically modified organisms), namely corn that is grown from genetically-modified seeds. The case was awaiting the FDA's determination as to whether GMOs can be defined as "natural." The FDA refused to do so and the case against Gruma was dismissed in 2014.
[Source 2013][More on Irresponsible Marketing]
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 2016][More on Human Rights]
This blogger, author of 'Taco USA: How Mexican Food Conquered America' gives 5 reasons to hate Gruma: Lying about having invented processed corn flour; putting thousands of tortillerias out of business; subsidies from corrupt Mexican government officials; trying to monopolise the American market; their products are terrible.
[Source 2012][More on Governance]
|Subsidiaries||Gruma Oceania Pty Ltd|