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Ecotone

OVERALL

Owned
FRA
Rating
Some praise, no criticism

Organic food

Founded in 1765. Formerly Wessanen. One of Europe's largest organic food companies. Acquired in 2019 by a consortium consisting of private equity firm PAI Partners and Charles Jobson, Wessanen's largest shareholder.

Company Ownership

Ecotone   FRA     website   email      twitter
  PAI Partners SAS   
   owns 62% of Ecotone  
FRA     website   email      

Private equity firm

PAI is a major European private equity firm and is the largest private equity investor headquartered in France. PAI invests in five core sectors: business services, food & consumer goods, general industrials, healthcare and retail & distribution.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Ecotone
Business Ethics Certified B Corporation
Certified B Corporations use the power of business to solve social and environmental problems. B Corps meet comprehensive and transparent social and environmental performance standards; meet higher legal accountability standards; and build business constituency for good business.
Source: B Corporation (2020)
Environment CDP Forests Score of B
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 B.
Source: CDP (2021)
Environment CDP Climate Change Score of B
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 B.
Source: CDP (2019)
Environment Organic products
Company retails manufactures or distributes products that are certified organic.
Source: Company website/ Product labels (2018)
Social BHRRC company profile
Business & Human Rights Resource Centre digital platform presents news and allegations relating to the human rights impact of over 20,000 companies. Their enhanced Company Dashboards also include financial information, key data points based on corporate policies, and scores from prominent civil society benchmarks. Follow the link and use the search function to view this company's dashboard.
Source: BHRRC (2022)
PAI Partners SAS
Business Ethics PAI Foundation
PAI Human Capital is PAI's own charity, set-up at the beginning of 2012 and is supported by the Partners of the firm. In 2012, the PAI Foundation supported seven associations across France, Germany, Italy and Spain, with a specific focus on professional reintegration.
Source: company website (2014)
Business Ethics ESG Commitments
This company has a number of corporate responsibility claims on its website. "PAI decided to strengthen its formal commitment and PAI's Environmental, Social and Governance ("ESG") strategy has now acquired a central importance in the firm's activities."
Source: company website (2014)
Business Ethics UN Principles for Responsible Investment signatory
UNPRI is a set of six principles direct institutional investors may adopt to consider environmental, social and corporate governance issues when investing. UNPRI is a voluntary agreement.
Source: UNPRI (2020)

> About the Icons

Company Details

Type Public company
Founded 1765
Revenue 625 million EUR (2019)
Employees 1,500 (2019)
Subsidiaries Clipper Teas Ltd 

Tea and coffee company

Products include Fairtrade and organic teas and coffees. Acquired by Dutch organic food company Royal Wessanen in 2012.


Whole Earth Foods 

Organic food and beverage manufacturer

Bought by Wessanen, a Dutch company in 2003


France Alter Eco 

Fairtrade products

Founded in France in 1998 by Tristan Lecomte. Acquired by Dutch organic food company Royal Wessanen in 2013. Alter Eco's American operations remain independently owned.

Contact Details

Address Lyon, France
Website www.ecotone.bio

Products / Brands

Clipper Teas
Clipper some products certified organic some products Fairtrade some products certified organic some products Fairtrade  Tea
Clipper some products certified organic- some products Fairtrade some products certified organic- some products Fairtrade  Coffee


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