Vitasoy International Holdings
OVERALL |
|
Owned |
HKG |
Rating |
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Beverage makers, especially soymilk
Production facilities located in Hong Kong, China, Australia and the USA.
Vitasoy International Holdings Ltd | HKG | website |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Vitasoy International Holdings Ltd | ||||
In 2021, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security Score of B.
Source: CDP (2021)
The 2021 Global 100 Most Sustainable Corporations in the World list is an extensive data-driven corporate sustainability assessment. The ranked companies are leaders in the field of a sustainable business approach. The efficiency of a company's energy, water, CO2 and waste management is measured in relation to its total sales volume. The disclosure of that information is a pre-condition for the assessment. Of the 225 companies in its peer group, this company ranked #2.
Source: Corporate Knights (2021)
This company received an S&P Global ESG Score of 61/100 in the Food Products category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 7 Feb 2021). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2021) |
This company received a score of 4.7/100 (retrieved 10-Oct-2020) in the Corporate Information Transparency Index (CITI), a system for evaluating supply chain practices in China, particularly in regards to environmental management and water pollution. Scores are calculated using government compliance data, online monitoring data, and third-party environmental audits, as well as trends in the environmental performance of factories in the company's supply chains.
Source: IPE (2020)
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) |
Vitasoy International refuses to recognise the right of their Hong Kong workers to form a union and bargain collectively. Both the National Union of Workers (Australia) and the International Union of Foodworkers are calling on Vitasoy to recognise the Hong Kong workers' fundamental human rights as recognised by the ILO.
Source: NUW (2011)
This company has products which carry the Vegetarian Society Seeding Symbol, the only legally registered trademark for vegetarian accreditation.
Source: VegSoc (2019)
This company has sustainability claims on its website under the headings plant-based nutrition, materiality assessment, governance, sustainability framework, and reporting.
Source: company website (2021)
In 2021, 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: CDP (2021) |
Company Details
Type | Public company |
Founded | 1940 |
Revenue | 928 million USD (2020) |
Employees | 126 (2020) |
Aus Manufacturing | Yes |
Subsidiaries | Vitasoy Australia Products Pty Ltd (50% owned) ![]() Soymilk producers Vitasoy Australia is a joint venture between Vitasoy International and Lion Dairy & Drinks. Operates one production facility in Wodonga, VIC. |
Contact Details
Address | Hong Kong (China) |
pubrel@vitasoy.com | |
Website | www.vitasoy.com |
Products / Brands
Vitasoy Australia (50% owned)
Vitasoy ![]() Vitasoy Flavoured Milk |