Oil refining and marketing company
In 2015 Chevron sold its 50% stake in Caltex Australia, and in Dec 2019 terminated the licence agreement for use of the Caltex brand in Australia. Caltex Australia officially renamed Ampol in 2020, with all Caltex sites to be renamed Ampol by 2022. Australia's largest oil refiner, and operator of two oil refineries. Caltex branded fuel is sold at over 1,100 locations, including 540 sites operated by EG Group, where Caltex is the fuel supplier only. Most of their sites were franchises, however Caltex plan to buy them all back by 2020 in the wake of wage scandals. Caltex also supply about 900 independent re-sellers.
A Fairfax Media investigation in 2016 revealed that some Caltex petrol station workers are being paid in cash, as little as $12 an hour, and sleeping in beds at the back of the store when their shift ends. Many are being threatened with deportation if they speak up.
[Source 2016][More on Finance]
The Fair Work Ombudsman (FWO) commenced investigations into this company's network in late 2016 after receiving intelligence indicating an upsurge in compliance issues at Caltex outlets. The report released in 2018 found that 76% of Caltex sites breached workplace laws. Across the non-compliant sites, inspectors found evidence of underpayment of wages, non-payment of overtime and penalty rates as well as record keeping and pay slip breaches.
[Source 2018][More on Governance]
This company received an S&P Global ESG Score of 32/100 in the Oil & Gas - Refining & Marketing category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. 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 2019][More on Sustainability Reporting]
This company entered into an enforceable undertaking with the NSW Environment Protection Authority on 30 March 2015 to provide $120,000 to a number of local environmental programs. This resulted from a water pollution incident at the Kurnell refinery (which now operates as a fuel terminal) on 24 March 2014 when oily water was discharged into Botany Bay. It would seem Caltex got off lightly, as earlier reports said they faced fines of up to $2 million.
[Source 2015][More on Habitats]
According to the democracyforsale.net website, this company donated $322,567 to Australia's major political parties between 2012 and 2018, as disclosed to the Australian Electoral Commision (AEC).
[Source 2018][More on Politics]
This company is listed by the Workplace Gender Equality Agency (WGEA) as a Employer of Choice for Gender Equality citation holder. The citation is designed to encourage, recognise and promote active commitment to achieving gender equality in Australian workplaces.
[Source 2019][More on Workers Rights]
|Company Structure||Public company|
|Revenue||$22 billion in 2019|
|# Employees||7,600 in 2019|
|Address||Level 24, 2 Market St, Sydney, NSW, 2000, Australia|
|Phone||02 9250 5000|
|Fax||02 9250 5742|