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Bostik Australia

OVERALL

Owned
FRA
Rating
Praises, some criticism

Adhesives & sealants

In 1990, Bostik was purchased by TOTAL, the French petroleum oil company, who sold the company to French chemicals giant Arkema in 2015. Bostik is one of the world's largest makers of adhesives and sealants. Operates 3 production sites in Australia.

Company Ownership

Bostik Australia Pty Ltd   AUS     website   email      
  Bostik SA   
   owns 100% of Bostik Australia Pty Ltd  
FRA     website   email   facebook   twitter

Adhesives & sealants

Acquired by Arkema from Total Oil in 2015.

      Arkema SA   
       owns 100% of Bostik SA  
FRA     website      facebook   twitter

Chemicals

Created in 2004 when French oil major Total spun off its chemicals business. 3 business segments: high performance materials, industrial specialties, and coating solutions. Sales in 50 countries. Acquired Bostik in 2015.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Bostik Australia Pty Ltd
Environment 3/5 for packaging performance
This company received a packaging performance level of 3 (Advanced) in its 2022 APCO Annual Report. Australian Packaging Covenant Organisation (APCO) is a not-for-profit organisation leading the development of a circular economy for packaging in Australia. Each year, APCO Members are required to submit an APCO Annual Report and Action Plan, which includes an overall performance level from 1 (Getting Started) to 5 (Beyond Best Practice).
Source: APCO (2022)
Environment Fined for chemical spill
In 2011 this company was convicted and fined $90,000 in the County Court after an investigation into a chemical leak at their Thomastown factory found there was no operational vapour system in place to deal with the spill.
Source: Work Safe News (2011)
Bostik SA
Social Fined for workplace safety violations
In 2011 Bostik's US division was fined $917,000 by the US Occupational Safety and Health Administration (OSHA) for 50 alleged violations of workplace safety standards following an explosion earlier in the year. Among the 50 violations OSHA alleges, nine were deemed "willful violations," which are the most serious OSHA levies.
Source: news article (2011)
Social Modern Slavery statement
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 (2016)
Arkema SA
Business Ethics 83/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 83/100 in the Chemicals category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 21 Oct 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)
Environment CDP Climate Change Score of B
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 B.
Source: CDP (2022)
Social CDP Water Security Score of B
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 B.
Source: CDP (2022)
Environment Supply chain practices in China
This company received a score of 10.7/100 (retrieved 10-Oct-2020) in the Corporate Information Transparency Index (CITI), a system for evaluating supply chain practices in China, particularly in regards to environmental management and water pollution. Scores are calculated using government compliance data, online monitoring data, and third-party environmental audits, as well as trends in the environmental performance of factories in the company's supply chains.
Source: IPE (2020)
Business Ethics Price fixing in Europe
In 2011 Europe's second-highest court upheld an EU antitrust fine totalling 78.66 million euros on this company and its former parent company for a bleaching chemicals cartel. The cartel had fixed prices for hydrogen peroxide and sodium perborate, divided up market volumes and shared sensitive information from 1995 to 2000.
Source: news article (2011)
Business Ethics Price fixing in Europe
In 2011 a European court reduced a fine imposed on Arkema to 113.3 milliion euroes. The company participated in an acyrylic glass cartel from 1997 to 2002.
Source: news article (2011)
Environment Climate action commitments
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)
Business Ethics CSR claims
This company has extensive corporate social responsibility claims on its website.
Source: company website (2017)

> About the Icons

Company Details

Type Wholly-owned subsidiary

Contact Details

Address 51-71 High St, Thomastown , VIC, 3074, Australia
Phone 03 9279 9333
Website www.bostik.com.au

Products / Brands

Bostik Australia
Blu Tack Adhesives
Blu Tack Stationery
Bostik Adhesives
Bostik Stationery
Clag Adhesives
Clag Stationery


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