Asda
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OVERALL |
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Owned |
UK |
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Supermarkets
One of the UK's largest supermarket chains. Acquired by EG Group in 2021.
Company Ownership
Asda Stores Ltd | UK | website | ||||
EG Group Ltd ![]() owns 100% of Asda Stores Ltd |
UK | website | ||||
Retailer Founded in the UK in 2001 by two brothers of Indian descent, who still own 25% each, with private equity firm TDR Capital owning the other 50%. One of the UK's largest private companies. Operates petrol stations in Europe and the United States, and entered the Australian market in 2019 after buying 540 fuel convenience sites from Woolworths. | ||||||
TDR Capital LLP ![]() owns 50% of EG Group Ltd |
UK | website | ||||
Private equity firm |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Asda Stores Ltd | ||||
The Ethical Trading Initiative (ETI) is an alliance of companies, trade unions and NGOs. They work in partnership to improve the lives of workers across the globe who make or grow consumer goods - everything from tea to T-shirts, from flowers to footballs. This company is a full member.
Source: Ethical Trading Initiative (2021)
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 is rated 'well on the path' with a score of 15 out of a possible total of 22.
Source: WWF Palm Oil Buyers Scorecard 2019 (2019) |
ActionAid calls on Asda and all other garment buying companies to: 1.Publicly commit to pay a living wage, as defined by the Asia Floor Wage coalition, and publish a timetable for implementation. 2.Ensure that prices paid to factory suppliers cover the cost of a living wage.3.Ensure that workers and their representatives are central to the implementation of a living wage, and promote trade union rights in factories.
Source: ActionAid (2010)
The Asda Foundation has a focus on supporting small, local activities that directly involve their customers.
Source: company website (2021)
This company has a Creating Change for Better section on its website which includes recycled content in packaging, reduction in carbon footprint, fighting breast cancer, and helping survivors of modern slavery.
Source: company website (2021)
This company is a member of the Supplier Ethical Data Exchange (Sedex), a not-for-profit, membership organisation that leads work with buyers and suppliers to deliver improvements in responsible and ethical business practices in global supply chains. Tens of thousands of companies use Sedex to manage their performance around labour rights, health & safety, the environment and business ethics.
Source: Sedex (2018)
The 2022 Fashion Transparency Index reviewed 250 of the world's largest fashion brands and retailers and ranked them according to how much they disclose about their human rights and environmental policies, practices and impacts. Brands owned by this company scored 27%, signifying it is doing a bit more than the others when it comes to having policies and commitments in place and auditing and reporting activities, but could be doing more. The average score was 24% and the highest score was 78%.
Source: Fashion Revolution (2022) |
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EG Group Ltd | ||||
Europlast (Blackburn) Ltd, a company co-owned by this company's owners was fined for "appalling" safety breaches, a BBC investigation has found. A worker lost four fingers in 2015, weeks after the brothers resigned as directors. Europlast (Blackburn) Ltd showed "a total lack of care about the safety of its employees", according to the Health and Safety Executive (HSE). Europlast (Blackburn) Ltd was prosecuted and pleaded guilty to this incident in 2017, paying a fine of 60,000 GBP.
Source: BBC News (2020)
This company has corporate governance claims on its website, mainly in the area of compliance with the UK Modern Slavery Act.
Source: company website (2021)
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)
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
Source: Open Secrets (2020) |
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TDR Capital LLP | ||||
This company is a major investor in Stonegate Pub Company, UK's largest pub operator, whose operations include gambling facilities.
Source: company website (2020) |
This company has responsible investing claims on its website. "We are committed to continually improving all aspects of Environmental, Social and Governance (ESG) performance within our own firm and at our portfolio companies."
Source: company website (2021)
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) |
Company Details
Type | Wholly-owned subsidiary |
Founded | 1949 |
Employees | 165,000 (2018) |
Contact Details
Address | Leeds, United Kingdom |
Website | www.asda.com |