Ecotone
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Owned |
FRA |
Rating |
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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 | ||||
PAI Partners SAS ![]() owns 62% of Ecotone |
FRA | website | ||||
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. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Ecotone | ||||
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)
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)
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) |
Company retails manufactures or distributes products that are certified organic.
Source: Company website/ Product labels (2018)
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) |
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PAI Partners SAS | ||||
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)
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)
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) |
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 ![]() Clipper ![]() |