Pet food makers
Founded in 2002. Private equity firm 3i Group acquired a majority stake in 2020. Based in the UK, the company exports 60% of its products overseas.
Company Ownership
MPM Products Ltd
UK
3i Group plc
owns 100% of MPM Products Ltd
UK
Private equity
Investment company specialising in private equity and infrastructure. They invest in mid-market companies headquartered in northern Europe and North America.
Company Assessment
(Last updated Nov 2024)
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Criticism
Information
MPM Products Ltd
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Criticism
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Certified B Corp with score of 91.1
Certified B Corporations, or B Corps, are companies verified by B Lab to meet high standards of social and environmental performance, transparency, and accountability. The B Impact Assessment measures a company's practices and outcomes in five areas: governance, workers, community, the environment, and customers. This company has a B Impact Score of 91.1 and has held B Corp Certification since May 2021. The median score for businesses is 50.9, with a score of 80 required for B Corp Certification.
Source: B Lab
(2024)
Pet Sustainability Coalition accredited
This company is accredited by the Pet Sustainability Coalition (PSC), indicating it has measured, verified, met minimum performance standards, and showed improvement annually. PSC is a nonprofit organization dedicated to creating a more sustainable pet industry. PSC works with companies throughout the entire supply chain to advance business through profitable environmental and social practices. PSC helps its members implement sustainability via education, assessment tools, implementation support, accreditation, events, and more.
Source: PSC
(2023)
Modern Slavery statement
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Source: company website
(2022)
3i Group plc
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CDP Climate Change score of B
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 B.
Source: CDP
(2023)
56/100 in TIME rankings
World's Most Sustainable Companies of 2024 by TIME and Statista recognises the Top 500 most sustainable companies in the world. From a selection of 5,000 of the world's largest companies, non-sustainable businesses were excluded, and the remaining companies were rated on Commitment & Ratings, Reporting & Transparency, and Environmental & Social Stewardship. This company received a total score of 55.9/100, ranking 408th overall.
Source: TIME
(2024)
Climate action commitments
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
Source: We Mean Business
(2023)
Sustainability claims
This company has sustainability claims on its website.
Source: company website
(2023)
UN Principles for Responsible Investment signatory
UNPRI is a set of six principles direct institutional investors may adopt to consider environmental, social and corporate governance issues when investing. UNPRI is a voluntary agreement.
Source: UNPRI
(2023)
Modern Slavery statement
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Source: company website
(2022)
48/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 48/100 in the Diversified Financial Services and Capital Markets 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)
Company Details
Type:
Private company
Founded:
2002
Revenue:
70 million GBP
(2019)