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API

OVERALL

Owned
AUS
Rating
Criticism, some praise

Pharmaceutical and toiletry wholesaling and retail

API has four core business operations - pharmaceutical distribution, manufacturing, retail pharmacy brands and hospital and medical distribution. API established as a chemists' co-operative in 1910 and listed on the ASX on 16 June 1997. The API retail pharmacy banner groups are Priceline, Soul Pattinson, and Pharmacist Advice.

Australian Pharmaceutical Industries Ltd   AUS     website   email      

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Australian Pharmaceutical Industries Ltd
Business Ethics 15/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 15/100 in the Health Care Providers & Services 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)
Social Breaching advertising codes
In 2013 and 2012 the Therapeutic Goods Administration's Complaints Resolution Panel upheld complaints about ads by this company on the grounds that they breached advertising codes. The Panel requested this company withdraw the ads and not to use representations in the ads again.
Source: TGA Complaints Resolution Panel (2013)
Business Ethics Priceline Sisterhood Foundation
This company has details of the Priceline Sisterhood Foundation on its website whose purpose is to give back to the community and specifically to provide support for women and their families.
Source: company website (2021)
Business Ethics Sustainability claims
This company has sustainability claims on it website in its 2020 Sustainability Report which includes actions to help protect the planet.
Source: company website (2021)

> About the Icons

Company Details

Type Public company
Revenue $3.8 billion in 2016
Employees 3,336 in 2016
Aus Manufacturing Yes
Subsidiaries API Consumer Brands 

Healthcare, pharmaceuticals & skin care

New Zealand based manufacturer of health & beauty products. Owned by Australian-based pharmaceutical company, API, owner of Priceline.

Contact Details

Address 11 Grand Ave, Camellia, NSW, 2142, Australia
Phone 02 8844 2000
Fax 02 8844 2896
Email mail@api.net.au
Website www.api.net.au

Products / Brands

API Consumer Brands
Health Basics Bodywash/Shower Gel
Only Good Bodywash/Shower Gel
Only Good Hand Wash/Sanitiser


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