Snack food maker
Founded in 2010. Acquired Tyrrell's in 2016. Bought by Hershey in Dec 2017 for US$1.6bn.
Company Ownership
Amplify Snack Brands Inc
USA
Hershey Company
owns 100% of Amplify Snack Brands Inc
USA
Confectionery manufacturer
USA's #1 chocolate company. Bought Artisan Confections Company (makers of Dagoba organic chocolate) in 2006. The Hershey Trust (which benefits the Milton Hershey School for disadvantaged children) controls 80% of Hershey's voting power.
Hershey Trust Company
owns 80% of Hershey Company
USA
Trust company
Hershey Trust Company, founded in 1905 by iconic confectioner Milton S. Hershey, is wholly owned by the Milton Hershey School Trust, which funds the Milton Hershey School, a school for underprivileged children, also founded by Hershey. Over US$7 billion in assets.
Company Assessment
(Last updated Nov 2024)
Praise
Criticism
Information
Amplify Snack Brands Inc
No assessment data currently available for Amplify Snack Brands Inc.
Hershey Company
Praise
Criticism
Information
Palm oil scorecard - WWF
The 2024 WWF Palm Oil Buyers Scorecard evaluates the progress and performance of 285 major retailers and manufacturer companies, focusing on actions companies have taken to ensure their own palm oil supply chain is sustainable and free of deforestation, natural ecosystem conversion, and human rights abuse. This company is rated 'leading the way' with a score of 20.1 out of a possible total of 24.
Source: WWF Palm Oil Scorecard
(2024)
15/20 in Social Benchmark
The 2024 Social Benchmark assesses the world's 2,000 most influential companies on their responsibility in meeting society's fundamental expectations towards three measurement areas: respecting human rights, providing decent work, and acting ethically. This company was assessed in 2023 and received a score of 15/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
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)
CDP Forests score of B
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts towards removing commodity-driven deforestation and forest degradation from its direct operations and supply chains. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Forests score of B.
Source: CDP
(2023)
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)
CDP Water Security score of B-
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security score of B-.
Source: CDP
(2023)
38.5% in Human Rights Benchmark
The 2022 Corporate Human Rights Benchmark assessed 127 companies in the food and agriculture, ICT and automotive manufacturing sectors on their human rights performance. This company received a score of 38.5%. The overall average score was a disappointing 17.3% and the highest score was 50.3%.
100% on Corporate Equality Index
This company is listed as having best practice on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
Source: Human Rights Campaign
(2021)
44.8% in Gender Benchmark
The 2023 Gender Benchmark ranks 112 companies from the apparel and food and agriculture sectors on their efforts to drive gender equality and women's empowerment across their entire value chain. Companies are assessed on governance and strategy, representation, compensation and benefits, health and well-being, violence and harassment, and marketplace and community. This company ranked #5/112, with a total score of 44.8%. The average score was 23% and the highest score was 55%.
70/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 70/100 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.
Source: S&P Global
(2022)
JUST Capital ranking
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2024 rankings the public identified 20 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 109th of 937 companies, and 3rd of 32 Food, Beverage & Tobacco companies.
Source: JUST Capital
(2024)
41.2% in Food and Agriculture Benchmark
The 2023 Food and Agriculture Benchmark assessed 350 keystone companies across the entirety of the food system, from farm to fork. It covers three dimensions where transformation is needed: nutrition, environment and social inclusion. This company ranked #23/350, with a total score of 41.2/100.
35.9% in Nature Benchmark
The Nature Benchmark ranks 816 companies across 20 industries on their efforts to protect our environment and its biodiversity. Companies were assessed in three phases between 2022 and 2024 using three measurement areas: governance and strategy; social inclusion and community impact; and ecosystems and biodiversity. This company was assessed in 2023 and is ranked #36/816, with a total score of 35.9/100.
Palm oil sourcing in Indonesia
A 2022 BBC News, Mongabay and the Gecko Project released a joint investigation that looked into a scheme that was intended to help lift millions of Indonesians out of poverty and cut them in on the spoils of the global palm oil boom, but has instead been plagued by allegations of exploitation and illegality. They identified 13 companies, including this one, that have sourced palm oil from producers alleged to have withheld plasma (a portion of large-scale plantations to be shared with local communities), or the profits from plasma, from Indonesian communities over the past eight years. The losses suffered across Indonesia by communities owed plasma could stretch into the hundreds of millions of dollars each year. Protests by local tribes over plasma are violently suppressed by Indonesian authorities.
Source: Mongabay
(2022)
F grade in Plastic Promises Scorecard
As You Sow's 2024 Plastic Promises Scorecard measures the corporate ambition and action of 225 large companies across six industries on six core pillars of plastic packaging pollution prevention: 1) Recyclability, 2) Reduction, 3) Recycled Content, 4) Recovery, 5) Reuse, and 6) Producer Responsibility. This company received a grade of F.
Source: As You Sow
(2024)
Access to Nutrition rating
The Global Access to Nutrition Index 2024 assessed 30 of the world's largest food and beverage manufacturers on their performance to improve access to nutritious foods. Companies are assessed on the nutritional quality of their product portfolios in 25 global markets, plus policies, practices, and transparency relating to nutrition. Of the 30 companies ranked, this company came second last.
Animal Testing
This company appears on PETA's list of food and beverage companies that tests on animals, signifying that: it has not signed PETA's Statement of Assurance document; has definitively conducted, funded, commissioned, or allowed animal testing that is not explicitly required by law or by written requirements by government agencies; and has not adequately resolved this issue in private discussions with PETA.
Source: PETA
(2024)
Palm oil from illegal sources
In 2019 Rainforest Action Network (RAN) conducted a series of undercover investigations which showed that several major snack food producers, including this company, have been found purchasing palm oil from mills that have continued to source palm oil resulting from the illegal clearing of lowland rainforests within the nationally protected Rawa Singkil Wildlife Reserve in Indonesia. These mills are located immediately next to areas of illegal encroachment into the Leuser Ecosystem and lack the necessary procedures to trace the location where the palm oil they sell is grown, a key requirement for complying with the No Deforestation, No Peatlands, No Exploitation (NDPE) policy this company has publicly committed to.
Source: RAN
(2019)
13.18% for supply chain practices in China
The Green Supply Chain Corporate Information Transparency Index (CITI) evaluates consumer-facing companies that have a sizeable supply chain in China. The evaluation uses government supervision data and public information to assess the environmental management of their supply chains in China. This company received a score of 13.18/100 (retrieved 24 Nov 2023).
Source: IPE
(2023)
Deforestation in Africa
A 2017 investigation by Mighty Earth, "Chocolate's Dark Secret," found that a large amount of the cocoa used in chocolate produced by major chocolate companies, including this one, is grown illegally in national parks and other protected areas in Ivory Coast and Ghana. The countries are the world's two largest cocoa producers. The report documents how in several national parks and other protected areas, 90% or more of the land mass has been converted to cocoa. Less than four percent of Ivory Coast remains densely forested.
Source: Mighty Earth
(2017)
Exploitative purchasing practices
In May 2024 Investor Advocates for Social Justice and investors representing more than $8.8 trillion USD called on chocolate companies, including this one, to use their purchasing power to ensure West African cocoa farmers receive a living income for their cocoa. Chocolate companies continue to profit off the backs of child laborers, with an estimated 1.56 million children working on cocoa plantations in Ghana and Cote d'Ivoire, where 60% of global cocoa supply is produced. Systemic poverty in the region is a driver of child labor, deforestation, and other human rights abuses in the cocoa sector. Despite chocolate companies' commitments over the decades to eradicate child labor, little progress has been made.
Source: IASJ
(2024)
Tier 5 in farm animal welfare rankings
The Business Benchmark on Farm Animal Welfare (BBFAW) 2023 Report ranks global food companies on their farm animal welfare policies, practices and performance. This company appeared in tier 5, "On the business agenda but limited evidence of implementation", with tier 1 being the best, and tier 6 the worst.
Source: BBFAW
(2023)
CEO Pay Ratio of 342:1
In 2022 the median pay for a worker at this company was US$39,579. The CEO was paid 342 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
Source: AFL-CIO
(2023)
Plastic pollution
In 2018 volunteers collected and catalogued more than 187,000 pieces of trash from beach cleanups around the world to find out which corporations are contributing the most to the global plastic pollution problem. While not in the top 10, this company ranked as one of the world's worst plastic polluters.
Source: #breakfreefromplastic
(2018)
Palm oil sourcing
In the 2018 Greenpeace report "The Final Countdown", this company was identified as sourcing palm oil from at least 20 of the 25 dirty palm oil producers identified in the report. In addition to deforestation, the 25 individual cases in the report include evidence of exploitation and social conflicts, illegal deforestation, development without permits, plantation development in areas zoned for protection and forest fires linked to land clearance. [Listed under Information due to age of report]
Source: Greenpeace
(2018)
Corporate Criminals Alumni
This company appears on Global Exchange's list of "Most Wanted" Corporate Human Rights Violators "Alums" for refusing to use fair trade labour and continuing to support labour that violates human rights standards. [Listed under Information due to age of report]
Source: Global Exchange
(2018)
Lead and cadmium in chocolate
In 2015 As You Sow, a consumer health protection organization, commissioned testing to measure levels of lead and cadmium in 42 chocolate products available at retailers across California. Products by this company were found to contain unsafe levels of lead and cadmium.
Source: As You Sow
(2015)
Lead in chocolate
In 2022 Consumer Reports, an independent nonprofit member organisation, tested 28 dark chocolate bars for lead and cadmium. Products by this company were found to contain unsafe levels of lead.
Source: Consumer Reports
(2022)
Nanoparticles in food products
This 2014 report by Friends of the Earth documents a tenfold increase in unregulated, unlabeled "nanofood" products on the American market since 2008. The report named this company among those with products containing unlabeled nano-ingredients. These nanomaterials differ significantly from larger particles of the same chemical composition, and new studies are adding to a growing body of scientific evidence indicating they may be more toxic to humans and the environment.
Source: FOE
(2014)
Possible GE in US brands
This company has products rated RED in the Centre for Food Safety's True Food Shopper's Guide (USA). Products on the RED list contain ingredients that come from the most common GE crops (corn, soy, canola, cotton). Companies with products on this list have confirmed that their products may have or are likely to be made with GE ingredients, or have not denied using GE foods when given the opportunity to do so.
Protein Challenge 2040 member
This company is a member of The Protein Challenge 2040, a global coalition exploring how we feed nine billion people enough protein in a way which is affordable, healthy and good for the environment.
Source: Forum for the Future
(2016)
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
(2021)
World Cocoa Foundation member
This company is a member of the World Cocoa Foundation (WCF), an international membership organization representing more than 100 member companies across the cocoa value chain. WCF is committed to creating a sustainable cocoa economy through economic & social development and environmental stewardship in cocoa-growing communities.
Source: World Cocoa Foundation
(2024)
Bonsucro member
This company is a member of Bonsucro - Better Sugar Cane Initiative, a global non-profit, multi-stakeholder organisation fostering the sustainability of the sugarcane sector through its leading metric-based certification scheme and its support for continuous improvement for members.
Source: Bonsucro
(2019)
Non-GMO products in USA
This company has products that have been verified as compliant with the Non-GMO Project Standard, North America's only independent verification for products made according to best practices for GMO avoidance.
Source: Non-GMO Project
(2021)
Cocoa & Forests Initiative signatory
This company is a member of the Cocoa & Forests Initiative, demonstrating a commitment to no further conversion of any forest land for cocoa production in Ghana and Cote d'Ivoire. On March 2019, thirty-three company signatories, accounting for about 85% of global cocoa usage, released detailed individual action plans. The action plans focus on forest protection and restoration, sustainable cocoa production and farmers' livelihoods, and community engagement and social inclusion.
Source: World Cocoa Foundation
(2020)
64.7% in Newsweek Green Ranking 2017
This company received a score of 64.7/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
Source: Newsweek
(2017)
Global Shea Alliance member
This company is a member of the Global Shea Alliance (GSA), a non-profit industry association with 560 members from 35 countries including women's groups, brands and retailers, suppliers and NGOs. Through public-private partnership, the GSA promotes industry sustainability, quality practices and standards, and demand for shea in food and cosmetics. Nearly 2 billion shea trees grow naturally on parklands in 21 African countries stretching from Senegal to South Sudan, while 16 million women living in rural communities individually collect fresh shea fruits and kernel for processing. The shea industry provides a critical source of jobs and incomes to often poor and underserved communities.
Source: Global Shea Alliance
(2021)
Sustainable Brands member
This company is a Silver Member of the Sustainable Brands Network, the leading peer to peer, learning and networking group designed to support brands in meeting their sustainability goals and ultimately become those leaders of the next sustainable economy.
Source: Sustainable Brands
(2018)
How2Recycle member
This company is a member of How2Recycle. The How2Recycle Label is a voluntary, standardized labeling system that clearly communicates recycling instructions to the public. It involves a coalition of forward thinking brands who want their packaging to be recycled and are empowering consumers through smart packaging labels. Companies must be a member of the program to use the How2Recycle Label.
Source: How2Recycle
(2023)
Sustainable Agriculture Initiative member
This company is a member of the Sustainable Agriculture Initiative (SAI) Platform, the main food industry initiative supporting the development of sustainable agriculture worldwide. Created by Nestle, Unilever and Danone in 2002, the SAI Platform is a non-profit organization to facilitate sharing, at precompetitive level, of knowledge and initiatives to support the development and implementation of sustainable agriculture practices involving the different stakeholders of the food chain.
Source: SAI Platform
(2023)
53.6% in Forest 500 Rankings
Forest 500 identifies the 350 companies and 150 financial institutions with the greatest exposure to tropical deforestation risk, and annually assesses them on the strength and implementation of their deforestation and human rights commitments. This company received a score of 53.6%.
Source: Forest 500
(2023)
BPA use
EWG's 2015 report "BPA in Canned Food" analyzed 252 canned food brands to find out which ones are still using BPA (bisphenol A), a synthetic estrogen found in the epoxy coatings of food cans which has been linked to many health problems. This company was amongst the 'Uncertain Players' for not making it clear whether they were using BPA in their cans.
38/100 in KnowTheChain Benchmark
In 2023 KnowTheChain benchmarked 60 food and beverage companies on their efforts to identify and tackle forced labour risks in their supply chains. This company received a score of 38/100. The average score was a disappointing 16/100 and the highest score was 56/100.
Source: KnowTheChain
(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
(2016)
Chocolate scorecard
Be Slavery Free's 2024 Chocolate Scorecard rates all the major chocolate companies on their labour and environmental policies and practices. Companies were asked questions in six areas: traceability and transparency; living income; child labor; deforestation and climate; agroforestry; and pesticides. This company received a yellow rating: "Progressing in policy and practice."
Source: Be Slavery Free
(2024)
OpenSecrets.org profile
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
Source: Open Secrets
(2024)
Investment in nanotechnology
Friends of the Earth's 2014 report "Tiny Ingredients, Big Risks" names this company as one of over 200 transnational food companies engaged in nanotechnology research and development, and on their way to commercializing products. New studies are adding to a growing body of scientific evidence indicating nanomaterials may be toxic to humans and the environment.
Source: FOE
(2014)
Hershey Trust Company
No assessment data currently available for Hershey Trust Company.
Company Details
Type:
Public company
Revenue:
92 million USD
(2016)
Employees:
45
(2015)