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Fraser & Neave

OVERALL

Owned
THA
Rating
Some praise, no criticism

Food, beverages and publishing

Sold its 40% of Asia Pacific Breweries to Heineken in 2012. Has operations in 20 countries.

Company Ownership

Fraser & Neave Ltd   SGP     website   email      
  Thai Beverage Plc   
   owns 65% of Fraser & Neave Ltd  
THA     website         

Alcoholic beverages

Thailand's largest and one of Southeast Asia's largest beverage companies.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Fraser & Neave Ltd
Social Previous involvement with Burma
This company owned a majority stake in Myanmar Brewery. The brewery operated as a joint venture with a state-owned enterprise and generated significant income for the oppressive Burmese regime (which ended in 2011). Kirin acquired the 55% stake from Fraser & Neave in 2015.
Source: news article (2015)
Environment Palm oil scorecard - WWF
The WWF Palm Oil Buyers Scorecard 2021 assesses 227 companies on the actions companies have taken to ensure their own palm oil supply chain is sustainable and free of deforestation, natural ecosystem conversion, and human rights abuse. This company is rated 'middle of the pack' with a score of 15.25 out of a possible total of 24.
Source: WWF Palm Oil Buyers Scorecard (2021)
Thai Beverage Plc
Environment CDP Climate Change Score of A-
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 A-.
Source: CDP (2022)
Business Ethics 93/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 93/100 in the Beverages category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 18 Nov 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)
Business Ethics Sustainability claims
This company has an extensive sustainability section on its website.
Source: company website (2014)
Business Ethics 30.7% in Food and Agriculture Benchmark
The 2021 Food and Agriculture Benchmark assessed 350 keystone companies across the entirety of the food system, from farm to fork. It covers three dimensions where transformation is needed: nutrition, environment and social inclusion. This company ranked #82/350, with a total score of 30.7/100.
Source: World Benchmarking Alliance (2021)

> About the Icons

Company Details

Type Public company
Revenue 5.7 billion USD (2011)
Employees 17,000 (2011)

Contact Details

Address Singapore
Website www.fraserandneave.com

Products / Brands

Fraser & Neave
100 Plus Sports Drinks


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