iNova
OVERALL |
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Owned |
AUS |
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Pharmaceutical company
This company has had a number of ownership changes in recent years. In 2018 it was acquired by Sydney-based Pacific Equity Partners and global giant The Carlyle Group for US$930 million.
Company Ownership
iNova Pharmaceuticals (Australia) Pty Ltd | AUS | website | ||||
Pacific Equity Partners Pty Ltd ![]() owns 50% of iNova Pharmaceuticals (Australia) Pty Ltd |
AUS | website | ||||
Private equity firm Current investments include Hoyts. Other interests include areas such as fast food, food, finance and vacuum cleaners. | ||||||
The Carlyle Group Management LLC ![]() owns 50% of iNova Pharmaceuticals (Australia) Pty Ltd |
USA | website | ||||
Private equity firm Ranked as the largest private equity firm in the world in 2015. Bought Accolade Wines in 2018. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
iNova Pharmaceuticals (Australia) Pty Ltd | ||||
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) |
This company is 50% owned by Carlyle, which has numerous criticisms and an overall Shop Ethical rating of 'F'.
Source: Shop Ethical (2020) |
In 2012, 2011 and 2010 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 (2012) |
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Pacific Equity Partners Pty Ltd | ||||
According to the democracyforsale.net website, this company donated $126,750 to Australia's major political parties between 2012 and 2018, as disclosed to the Australian Electoral Commision (AEC).
Source: Democracy For Sale (2018)
This company states on its website that in general they do not invest in gambling or tobacco related businesses.
Source: company website (2016)
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 (2020) |
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The Carlyle Group Management LLC | ||||
This company is listed as having best practice on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
Source: Human Rights Campaign (2021) |
The Carlyle Group has investments in several businesses which provide products and services to the US military.
Source: company website (2018)
This company appears on Burma Campaign UK's 'Dirty List' of companies assisting the Burmese military to continue to commit human rights violations and environmental destruction. Carlyle Group, via its Asian partnership set up a joint venture, AsiaSat, with the Chinese company CITIC. AsiaSat has a contract with the Burmese military to carry the military MWD TV channels for broadcast internationally.
Source: Burma Campaign UK (2022)
This company received an S&P Global ESG Score of 17/100 in the Diversified Financial Services and Capital Markets 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)
The 2018 update of the International Campaign to Abolish Nuclear Weapons' (ICAN) global report, "Don't Bank on the Bomb" showed that 329 financial institutions from around the world invested into 20 companies involved in the production, maintenance and modernization of nuclear weapons. Since 2014 this financial institution invested over US$5 million into 1 of the 20 nuclear weapons producers named in the report.
Source: ICAN (2018)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2023 rankings JUST Capital asked a representative sample of 3,002 Americans to compare 20 different business Issues on a head-to-head basis, producing a reliable hierarchy of Issues ranked in order of priority. Issues are organised under the headings Workers, Customers, Communities, the Environment, or Shareholders & Governance. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 736th of 951 companies, and 31st of 34 Capital Markets companies.
Source: JUST Capital (2023) |
This company received a score of 10/100 in the Newsweek Green Rankings 2015, 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 (2015)
This company appears on the 2021 Bloomberg Gender-Equality Index, signifying a commitment to supporting gender equality through policy development, representation, and transparency.
Source: Bloomberg (2021)
This company has citizenship claims on its website in the areas responsible investing, governance, environmental stewardship and social responsibility.
Source: company website (2018) |
Company Details
Type | Wholly-owned subsidiary |
Contact Details
Address | Level 10, 12 Help St, Chatswood, NSW, 2067, Australia |
Freecall | 1800 630 056 |
customerservice@inovapharma.com | |
Website | www.inovapharma.com |
Products / Brands
iNova
Dermaveen Skin Care Dermaveen Shampoo Difflam Lozenges Difflam Cold & Flu Glucodin Energy Drinks Invisible Zinc Sunscreen Kynd Vitamins |
Nyal Cold & Flu Nyal Lip Care Reef Sunscreen Salvital Digestive Care Skin Basics Skin Care Stop Itch Antiseptic |