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Vitasoy International Holdings

OVERALL

Owned
HKG
Rating
Praises, some criticism

Beverage makers, especially soymilk

Production facilities located in Hong Kong, China, Australia and the USA.

Vitasoy International Holdings Ltd   HKG     website   email      

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Vitasoy International Holdings Ltd
Social CDP Water Security Score of B
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)
Business Ethics Global 100
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)
Business Ethics 61/100 S&P Global ESG Score
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)
Environment Supply chain practices in China
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)
Environment CDP Forests Score of D
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)
Social Workers rights
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)
Animals VegSoc approved products
This company has products which carry the Vegetarian Society Seeding Symbol, the only legally registered trademark for vegetarian accreditation.
Source: VegSoc (2019)
Business Ethics Sustainability claims
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)
Environment CDP Climate Change Score of C
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)

> About the Icons

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)
Email pubrel@vitasoy.com
Website www.vitasoy.com

Products / Brands

Vitasoy Australia (50% owned)
Vitasoy some products certified organic some products certified organic  Soy/Plant Milk
Vitasoy Flavoured Milk


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