ActewAGL
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OVERALL |
|
Owned |
AUS |
Rating |
N/A |
Electricity, natural gas, water and wastewater services
ActewAGL formed in October 2000 when the Australian Gas Light Company (AGL), a major private sector group, and ACTEW Corporation, a government-owned enterprise, entered into Australia's first utility joint venture. Ownership of ActewAGL is shared equally between AGL and the ACT government.
Company Ownership
ActewAGL Retail | AUS | website | ||||
Australian Gas Light Company
owns 50% of ActewAGL Retail |
AUS | website | ||||
Electricity and Gas Supply | ||||||
Icon Water Ltd
owns 50% of ActewAGL Retail |
AUS | website | ||||
Water, wastewater, natural gas, telecommunications and energy services Formerly ACTEW Water. Owned by the ACT state government. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
ActewAGL Retail | ||||
No assessment data currently available for ActewAGL Retail | ||||
Australian Gas Light Company | ||||
This company is involved in the production of coal or coal-based energy.
Source: company website (2022)
According to the democracyforsale.net website, this company donated $188,068 to Australia's major political parties between 2012 and 2018, as disclosed to the Australian Electoral Commision (AEC).
Source: Democracy For Sale (2018)
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: put a price on carbon; responsible corporate engagement in climate policy; report climate change information in mainstream reports as a fiduciary duty; commit to electric vehicles.
Source: We Mean Business (2021)
Between 2015 and 2018 this company paid $520 million tax on a total income of $32.8 billion, earning the number 28 spot on Michael West's Top 40 Tax Payers 2020. West calculated which of Australia's largest companies have paid the most tax using three years of tax transparency data published by the Australian Tax Office.
Source: Michael West (2018)
In 2023, 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 (2023)
Modern slavery disclosure is a critical step in mitigating the risk associated with modern slavery practices in companies' operations and supply chains. The quality of the disclosure signals the level of commitments and efforts that the companies have put in managing these risks. In 2021 the Monash Centre for Financial Studies analysed and ranked the disclosure quality of the modern slavery statements submitted by the 300 largest listed companies on the Australian Stock Exchange (ASX300). This company's modern slavery disclosure statement received a grade of C.
Source: Monash University (2021)
This company received an S&P Global ESG Score of 41/100 in the Multi- and Water Utilities category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 18 Nov 2022). 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 (2022) |
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Icon Water Ltd | ||||
No assessment data currently available for Icon Water Ltd |
Company Details
Type | Joint Venture |
Contact Details
Address | ActewAGL House, 221 London Circuit, Canberra City, ACT, 2600, Australia |
Phone | 13 14 93 |
Website | www.actewagl.com.au |