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Luxottica Australia

Whoa! How did you get here? This company profile is not meant to be publicly available. Research on this company is incomplete, and the overall rating has been disabled, but while you are here feel free to have a look at the info we do have.

OVERALL

Owned
FRA
Rating
N/A

Eyewear and eye care

With over 900 stores across the OPSM, Laubman & Pank, Budget Eyewear, Bright Eyes Sunglasses and Sunglass Hut brands, Luxottica is Australia's largest optical retailer.

Company Ownership

Luxottica South Pacific Pty Ltd   AUS     website         
  EssilorLuxottica SA   
   owns 100% of Luxottica South Pacific Pty Ltd  
FRA     website   email      

Eyewear

Founded in 2018 when Essilor merged with Luxottica. World's largest eyewear company. Owners of the Ray-Ban and Oakley brands, they also make over 20 luxury fashion brands of eyewear under licence.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Luxottica South Pacific Pty Ltd
Social Underpaying workers
In 2019 this company has entered into a Court-Enforceable Undertaking with the Fair Work Ombudsman after self-disclosing that it underpaid 620 current and former employees. Sunglass Hut underpaid workers a total of $2,294,496 in overtime wages, with individual underpayments ranging from $4 up to $42,912. The company was also ordered to make a $50,000 contrition payment.
Source: Fair Work Ombudsman (2019)
EssilorLuxottica SA
Environment CDP Climate Change Score of A-
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 A-.
Source: CDP (2018)
Social CDP Water Security Score of A-
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 A-.
Source: CDP (2018)
Social Conflict minerals rating
As You Sow's 2017 report, Mining the Disclosures, is a deep analysis of 206 companies' human rights performance in relation to sourcing conflict minerals from the Democratic Republic of the Congo (DRC). This company's score was below 40% (Weak).
Source: As You Sow (2017)
Business Ethics 17.1% in Newsweek Green Rankings 2016
This company received a score of 17.1/100 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)
Business Ethics Sustainability claims
This company has sustainability claims on its website in the areas of people, environment and society, and provides publicly available Sustainability Reports.
Source: company website (2020)
Business Ethics Better Cotton Initiative member
This company is a member of the Better Cotton Initiative, a voluntary program which encourages the adoption of better management practices in cotton cultivation to achieve measurable reductions in key environmental impacts, while improving social and economic benefits for cotton farmers, small and large, worldwide.
Source: Better Cotton Initiative (2022)
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 (2021)
Business Ethics 41/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 41/100 in the Textiles, Apparel & Luxury Goods 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)

> About the Icons

Company Details

Type Wholly-owned subsidiary
Revenue 713 million AUD (2009)

Contact Details

Address 75 Talavera Road, Macquarie Park, NSW, 2113, Australia
Phone 02 9815 2000
Website www.luxottica.com.au

Products / Brands


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