Private equity firm
One of the world's largest private equity firms. Listed on the New York Stock Exchange in 2010. Acquired Unilever's spreads business in 2017 for 6.83bn euros. Acquired Campbell Soup Co's international operations (including Arnott's) in 2019.
|Kohlberg Kravis Roberts & Co LP||USA||website|
|Kohlberg Kravis Roberts & Co LP|
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 Forest 500 identifies, ranks, and tracks the governments, companies and financial institutions worldwide that together could virtually eradicate tropical deforestation. Rankings are based on their public policies and commitments and potential impacts on tropical forests in the context of forest risk commodities (palm oil, soy, beef, leather, timber and paper). This financial instiution received a score of 0%.
Source: Forest 500 (2020)
In 2005, Toys "R" Us was purchased in a US$6.6 billion leveraged buyout by private equity firms Bain Capital, KKR, and Vornado Realty Trust. While Toys "R" Us' revenues remained steady over the next 13 years - US$11.1 billion in sales in 2017 - the retailer was saddled with debt it couldn't repay. By 2007, 97% of the company's operating income was consumed by interest, which left the company unable to upgrade technology or evolve its business model. The heavy debt load eventually led Toy "R" Us to file for bankruptcy in 2018. The company liquidated in June of 2018 and closed their remaining 800 stores. Over 33,000 employees of the company lost their jobs and their severance payments in bankruptcy court. The PE companies controlling the Toys "R" Us bankruptcy refused buyers that would have saved thousands of jobs and instead chose liquidation to maximize the financial extraction. The private equity firms that owned Toys "R" Us collected more than $470 million in fees and interest from the retailer over the ownership period, while a total of 64,000 jobs were lost.
Source: United 4 Respect (2019)
This company received a score of 10/100 in the Newsweek Green Rankings 2016, 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 (2016)
This company received an S&P Global ESG Score of 15/100 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 7 Feb 2021). 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 (2021)
On 29 June 2015 the U.S. Securities & Exchange Commission charged this company with misallocating more than US$17m in 'broken deal' expenses to its flagship private equity funds in breach of its fiduciary duty. KKR agreed to pay nearly US$30m to settle the charges, including a penalty of US$10m.
Source: US SEC (2015)
In 2014, this company, together with other private equity firms Blackstone and TPG, agreed to pay US$325m to settle a lawsuit that accused seven private equity groups of conspiring to fix the prices of some of the world's biggest leveraged buyouts.
Source: Financial Times (2014)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2022 rankings the public identified 19 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. 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 632nd of 954 companies, and 27th of 33 Capital Markets companies.
Source: JUST Capital (2022)
This investigative report by China Labour Watch reveals how KKR turns a blind eye to the human impact of the massive production outsourced by Dollar General and other companies in its portfolio. CLW Executive Director Li Qiang states that DG has 'the worst labor performance in China of all major US retailers'. [Listed under Information due to age of report]
Source: China Labor Watch (2009)
This company has environmental, social and governance (ESG) claims on its website.
Source: company website (2016)
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: Modern Slavery Registry (2016)
|Revenue||200 billion USD (2016)|
|Subsidiaries||Arnott's Biscuits Ltd
- Diver Foods Pty Ltd (75% owned)
- Campbell Australasia Pty Ltd
The Australian Venue Company (80% owned)
- Hawthorn Brewing Company Pty Ltd
- Queensland Venue Co (50% owned)
Wella Company (74% owned)
Upfield Holdings BV
|Address||New York, USA|
Products / BrandsArnott's
180 Degrees Biscuits/Crackers
Arnold's Farm Muesli & Oats
Arnold's Farm Muesli Bars
Arnotts UTZ certified Chocolate
Barley+ Muesli Bars
Brekky Heroes Cereal
Freedom Foods Health Foods
Freedom Foods Cereal
Freedom Foods Muesli & Oats
Freedom Foods Health Bars
Freedom Foods Muesli Bars
Heritage Mill Muesli Bars
Heritage Mill Muesli & Oats
Messy Monkeys Health Bars
Messy Monkeys Health Foods
Tim Tams Biscuits/Crackers
Wagon Wheels Biscuits/Crackers
Diver Foods (75% owned)
Campbell's Pasta Sauce
Fray Bentos Canned Meat/Meals
Fruits & Roots Juice & Fruit Drinks
V8 Juice & Fruit Drinks
Hawthorn Brewing Co
Wella (74% owned)