General trading company
One of the world's largest companies, with over 700 subsidiaries. Acquired the worldwide packaged foods and Asia fresh produce businesses of Dole Food Company in 2012 for $1.7b.
This company was awarded the 'Industry Leader' in the Household Durables category of the 2016 RobecoSAM Sustainability Yearbook. The index is based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, branding, climate change mitigation, supply chain standards and labor practices.
[Source 2016][More on Sustainability Reporting]
In 2018, 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 2018][More on Climate Change]
In 2018, 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 2018][More on Human Rights]
One of Japan's largest trading companies, it has been closely involved with tropical forest logging for decades, directly and through affiliates. Among other things, Itochu continues to import copy paper from APP which is sourced from Sumatra's last remaining low-land primary forests.
[Source x][More on Forests]
Marubeni-Itochu is a joint venture company between two Japanese companies, Marubeni and Itochu. Marubeni-Itochu's subsidiary in Burma, Myanma Steel Industries Co., Ltd, supplies steel tubulars to the gas industry in Burma. Gas revenues are a major source of revenue for the Burmese regime, supplying over $2.7 billion in 2006. Itochu maintains an office in Rangoon.
[Source x][More on Human Rights]
Maid in India', a 2012 report by two Dutch NGOs (SOMO and ICN) revealed how workers in the South Indian garment and textile industry continue to suffer exploitative working conditions while making garments for Western brands. While some recent improvements have been made, thousands of girls work under recruitment and employment schemes that amount to bonded labour. This company was shown to be sourcing from one or more of the four garment manufacturers investigated, and failed to respond to a review request. [Listed under Information due to age of report]
[Source 2012][More on Workers Rights]
This company has signed a letter of intent (https://bit.ly/2rdBlwn) to participate in the New Alliance for Food Security and Nutrition, which claims will lift 50 million people in Africa out of poverty by 2022. But according to a 2015 report by ActionAid, the scheme will benefit multinational companies at the expense of small-scale farmers and is likely to increase poverty and inequality in Africa. Launched in 2012, the New Alliance provides aid money from rich countries like the US and the UK, and helps big business invest in the African agricultural sector. But in return, African countries are required to change their land, seed and trade rules in favour of big business. The New Alliance will: Make it easier for big corporations to grab land in Africa: Prevent farmers from breeding, saving and exchanging seeds: Heavily promote chemical fertilisers and pesticides, which increase farmers risk of debt as well as damaging the environment and farmers' health: Replace family farms with low paid, insecure jobs; and Prevent countries from restricting crop exports, even at times of domestic shortage.
[Source 2015][More on Finance]
This company is a member of the World Cocoa Foundation (WCF), an international membership organization representing more than 100 member companies across the cocoa value chain. WCF is committed to creating a sustainable cocoa economy through economic & social development and environmental stewardship in cocoa-growing communities.
[Source 2019][More on Multi-Stakeholder Initiatives]
This company received a score of 55.9/100 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 2017][More on Sustainability Reporting]
|Company Structure||Public company|
|Revenue||US$52 billion in 2012|
|Subsidiaries||ITOCHU Australia Ltd
Dole International Holdings Inc
- Dole Philippines Inc
Products / BrandsDole International
Mrs May's Naturals Health Foods
Dole Canned Fruit