Monde Nissin
Food company
Founded by Betty Ang in the Philippines in 1980. One of the Philippines top 100 companies. The company holds around 60% of the Filipino instant noodles market, and 30% of the biscuits market. Acquired Australian dip manufacturer Black Swan in 2014, juice maker Nudie in Feb 2015, dip maker Menora Foods in Mar 2015, and international meat-substitute firm Quorn Foods in Oct 2015. Became a public company in 2021.

Overall

Owned PHL
Rating D
About the Ratings
Monde Nissin Corporation
PHL

Company Assessment

(Last updated Jan 2023)
Monde Nissin Corporation
Praise
Palm oil rating - WAZA
The PalmOil Scan app, produced by the World Association of Zoos and Aquariums (WAZA), rates companies on their commitment to sourcing sustainable palm oil. Companies are scored on their use of certified sustainable palm oil (CSPO), commitment to sourcing CSPO, on-the-ground conservation action, and membership to the RSPO. Companies can earn a rating of Excellent, Good, Poor or No Commitment. This company is rated "Good" (retrieved 18 Nov 2023).
Source: WAZA (2023)
Criticism
12/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 12/100 in the Food Products category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 23 Sep 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.
Unsustainable palm oil use
This company scores Ethical Consumer's worst rating for their use of palm oil, signifying they are using no or minimal certified palm products, and with no or minimal positive commitments.
Information
Labour dispute in the Philippines
In 2018 members of Monde Nissin Labor Association built a protest camp outside one of this company's manufacturing plants in the Philippines, demanding the regularization of employees and reinstatement of dismissed workers.
Sustainability claims
This company has a number of Sustainability claims on its website. Follow the link for details.
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Company Details

Type:
Public company
Founded:
1980
Revenue:
1.5 billion USD (2020)
Employees:
3,000 (2020)
Subsidiaries:
Marlow Foods Ltd
Meat substitute
Quorn is a meat-substitute made from mycoprotein, which is extracted from a fungus. Not suitable for vegans, as Quorn products contain egg. Acquired by Monde Nissin in 2015.
Monde Nissin (Australia) Pty Ltd
Food manufacturer
Acquired Australian dip manufacturer Black Swan in 2014, juice maker Nudie in Feb 2015, dip maker Menora Foods in Mar 2015, and international meat-substitute firm Quorn Foods in Oct 2015.
Black Swan Foods
Makers of dips
Australia's third largest dip maker. Acquired by Philippines-based food company Monde Nissin in 2014. Formerly known as Poseidon Tarama Pty Ltd.
Nudie Foods Australia Pty Ltd
Juice processors
Founded by Tim Pethick in Sydney in 2002. Pethick left the company in 2005. Acquired by Monde Nissin in Feb 2015.
Menora Foods Pty Ltd
Food importers and distributors
Menora owns the brands Wattle Valley and Peckish, and markets and distributes Bonne Maman, Maille, Chobani, Huon, Cobram Estate, Pitango, Kez's Kitchen, Saxbys, Griffiths Coffee, La Casa Del Formaggio and Philips Lighting. Acquired by Filipino company Monde Nissin in 2015, who also bought dip brand Black Swan in 2014 and juice brand Nudie in 2105.

Contact Details

Address:
Santa Rosa, Laguna, Philippines
Website:
www.mondenissin.com

Products / Brands

Quorn Foods
Quorn Vegetarian & Vegan
Quorn Finger Food
Monde Nissin Australia
Black Swan Yoghurt
Black Swan Dips
Deli-Licious Vegetarian & Vegan
Nudie Yoghurt
Nudie Breakfast On the Go
Nudie Juice & Fruit Drinks
Nudie Coconut Water
Peckish Biscuits/Crackers
Tasty Tea
Wattle Valley Dips
Wattle Valley Cheese
Wattle Valley Flat Bread