Food and beverages (especially dairy)
The company was restructured in 2005 to aid recovery from the 14 billion euro fraud uncovered in 2003. French dairy giant Lactalis became majority owners in 2011.
| Lactalis Group
owns 96% of Parmalat SpA
Criticised for massive financial fraud 'one of the largest ever' of between 4 and 8 billion EUR ($10bn) and illegal business practices. Following judicial inquiries in December 2003, the company went into bankruptcy, but was not split up but rather restructured.
Source: Corpwatch, The Corporate Library (2004)
Forest 500 identifies the 350 companies and 150 financial institutions with the greatest exposure to tropical deforestation risk, and annually assesses them on the strength and implementation of their deforestation and human rights commitments. This company received a score of 2%.
Source: Forest 500 (2021)
The Global Access to Nutrition Index assesses how the world's 25 largest global food and beverage manufacturers contribute to addressing malnutrition in all its forms: overweight and obesity, undernutrition, and micronutrient deficiency. All have been assessed on their commitments, practices, and disclosure with regards to governance and management; the production and distribution of healthy, affordable, accessible products; and how they influence consumer choices and behavior. Of the 25 companies ranked, this company came 23rd.
Source: Access to Nutrition Foundation (2021)
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 #315/350, with a total score of 0.7/100.
Source: World Benchmarking Alliance (2021)
In 2021, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts towards removing commodity-driven deforestation and forest degradation from its direct operations and supply chains. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Forests Score of D.
Source: CDP (2021)
This company received a score of 2 out of a possible total of 24 in the WWF Soy Scorecard 2016, which rates companies on their use of responsible soy, grown without damaging the environment and harming people.
Source: WWF Soy Scorecard 2016 (2016)
The livestock sector is the single largest contributor to man-made methane emissions. Even though rapid reductions of methane emissions are needed to slow the rate of global warming, the largest meat and dairy corporations are oblivious to the problem. Changing Markets' 2021 report 'Blindspot' investigated the policies and actions of 20 meat and dairy giants to reduce their methane emissions. This company scored 3.2/100 for their methane policy and actions.
Source: Changing Markets (2021)
This company is named and shamed in IBFAN's 2017 report, 'Breaking the Rules, Stretching the Rules 2017', evidence of violations of the International Code of Marketing of Breastmilk Substitutes, compiled from June 2014 to June 2017. The report covers 792 Code violations from 79 countries and by 28 companies.
Source: IBFAN (2017)
The 2020 Business Benchmark on Farm Animal Welfare (BBFAW) report ranks global food companies on how they are managing and reporting their farm animal welfare policies and practices. This company appeared in tier 5, "On the business agenda but limited evidence of implementation", with tier 1 being the best, and tier 6 the worst.
Source: BBFAW (2020)
The WWF Palm Oil Buyers Scorecard 2019 assesses 173 companies on the commitments they have made, and the actions they have taken, to ensure that there is no destruction of nature including no deforestation along their supply chains; and support a responsible and sustainable palm oil industry beyond their own supply chain. This company failed to respond to WWF's requests for information.
Source: WWF Palm Oil Buyers Scorecard 2019 (2019)
In 2010 US-based Lactalis subsidiary Sorrento Lactalis paid the United States a $315,000 penalty for excess discharges in violation of its wastewater permit levels. The company discharged the excess pollutants into Mason Creek from its factory operations in Nampa, Idaho, in violation of the Clean Water Act. The company repeatedly violated its National Pollutant Discharge Elimination System (NPDES) permit over a period of three years from December 2005 to September 2008.
Source: EPA (2010)
Lactalis and Nestle created a dairy products joint venture in 2006 called Lactalis Nestle Chilled Dairy, which operates in nine European countries. Nestle is the target of a boycott call.
Source: company website (2006)
Five hundred French dairy farmers are to take Lactalis to court over the price they were paid in 2014 for their milk.
Source: news article (2015)
|Revenue||6.4 billion EUR (2015)|