Puma Energy Australia
Australia's largest independent fuel operator. Operates over 270 retail sites after acquiring Ausfuel, owner of Gull, Choice and Peak service stations, and Neumann Petroleum, owner of Matilda service stations, both in early 2013. Puma has also expressed interest in acquiring United Petroleum.
|Puma Energy (Australia) Pty Ltd||AUS||website|
| Puma Energy International
owns 100% of Puma Energy (Australia) Pty Ltd
| Trafigura Beheer BV
owns 50% of Puma Energy International
| Sonangol EP
owns 30% of Puma Energy International
|Puma Energy (Australia) Pty Ltd|
Between 2013 and 2018 this company paid zero tax on a total income of $12 billion, earning the number 14 spot on Michael West's Top 40 Tax Dodgers 2020. West calculated which of Australia's largest companies have paid the least tax, or no tax, on the highest incomes using five years of tax transparency data published by the Australian Tax Office.
[Source 2020][More on Finance]
This company has a number of sustainability claims on its website. These include a "commitment to supporting a range of community-spirited projects across Australia", safety measures, and the advancement of alternative fuels such as biodiesel.
[Source 2014][More on Sustainability Reporting]
According to data released by the Australian Tax Office in Dec 2018, this company was one of 2,159 local and foreign-based companies that paid no tax in Australia in 2016-17. Please note however that companies pay income tax on profits, not revenue (total income). While some companies use tax havens and loopholes to avoid paying their fair share of tax in Australia, other companies that paid no tax have perfectly legitimate reasons.
[Source 2018][More on Finance]
|Puma Energy International|
This company has a number of sustainability claims on its website.
[Source 2014][More on Sustainability Reporting]
|Trafigura Beheer BV|
This company blends cheap fuel with sulphur levels many times the European limit for sale in African countries. While the business model is legal, their actions are clearly illegitimate and violate human rights because their profits come at the expense of the health of millions of Africans.
[Source 2016][More on Human Rights]
On August 20, 2006 people of Abidjan, Cote d'Ivoire, woke to find that foul-smelling, toxic waste had been dumped in their city. This 2012 report follows a three-year investigation by Amnesty International and Greenpeace. The report uncovers the central reason for the tragedy that unfolded in Abidjan: in the absence of effective law enforcement, one company acted to secure corporate profit without regard for the human and environmental costs. That company was Trafigura.
[Source 2012][More on Human Rights]
An investigation conducted by the Berne Declaration has found that Trafigura "is contributing to enriching a caste of autocratic rulers, through its opaque business practice. This is taking place to the detriment of the Angolan people who figure amongst the poorest in the world". Their 2013 report "Trafigura's Business in Angola" reveals Trafigura's opaque business ties with corrupt Angolan government officials.
[Source 2013][More on Governance]
This company is listed on the Facing Finance website as a company that manufactures weapons or profits from violations of human rights, pollution, corruption, or international law. Specific criticisms include corruption in Angola, Malta and Zambia, pollution in Ivory Coast, supporting oppressive regimes in Sudan and Iran, and tax evasion.
[Source 2014][More on Governance]
The Trafigura Foundation has dedicated US$32 million since 2007 to diverse philanthropic initiatives worldwide in the areas of sustainable development, education & integration and health.
[Source 2014][More on Finance]
In 2019, 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 C.
[Source 2019][More on Climate Change]
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 2017][More on Human Rights]
This company is listed on the Facing Finance website as a company that manufactures weapons or profits from violations of human rights, pollution, corruption, or international law. Follow link for further details.
BankTrack is a global network of civil society organisations and individuals tracking the operations of the banking sector and the activities they finance. Banktrack aims to promote fundamental changes in the banking sector so that banks adopt just and sustainable business practices. BankTrack also has profiles on companies, such as this one, which have been the subject of civil society campaigns for damaging the environment or society. Follow the link to see this company's profile.
|Company Structure||Wholly-owned subsidiary|
|# Employees||1280 in 2018|
|Address||365 Macarthur Ave, Hamilton, QLD, 4007, Australia|
|Phone||1300 723 706|