Edible oil manufacturer
World's #1 olive oil producer, and Spain's 2nd largest listed food company. Its Carbonell brand is the best selling olive oil brand in the world. Bought the Bertolli olive-oil and vinegar business from Unilever in 2008. Previously known as SOS Group, it changed its name to Deoleo in 2011 after selling its rice division to focus on olive oil.
Company Ownership
Deoleo SA
ESP
CVC Capital Partners Ltd
owns 50% of Deoleo SA
UK
Private equity firm
Founded in 1981 and today manages US$71 billion in funds throughout Europe, Asia and the US.
Company Assessment
(Last updated Jul 2024)
Praise
Criticism
Information
Deoleo SA
Praise
Criticism
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Misleading advertising
In 2018 this company's US subsidiary agreed to pay US$7 million to settle a class action lawsuit alleging it made misrepresentations about Bertolli olive oil being "Imported from Italy".
Source: Top Class Actions
(2018)
Environmental claims
This company has a publicly available Environmental Policy on its website.
Source: company website
(2014)
CDP Climate Change score of C
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)
CDP Water Security score of C
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 C.
Source: CDP
(2023)
CVC Capital Partners Ltd
Praise
Criticism
Information
0.5/20 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 2022 and received a score of 0.5/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
Involvement in gambling
This company has investments in two gaming companies, Tipico and Gaming1.
Source: company website
(2022)
16.2% in Financial System Benchmark
The 2022 Financial System Benchmark ranks 400 financial institutions across three measurement areas: governance and strategy, respecting planetary boundaries (environment, climate and biodiversity) and adhering to societal conventions (human rights). This company ranked #133/400, with a total score of 16.2/100.
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
(2020)
CVC Foundation
In June 2011, the company established the CVC Foundation to take its philanthropy programme to the next level.
Source: company website
(2022)
Sustainability claims
This company has sustainability claims on its website.
Source: company website
(2022)
Company Details
Type:
Public company
Founded:
1955
Revenue:
561 million EUR
(2019)
Subsidiaries: