Health supplements
                                    Founded in 1969. Acquired by Hong Kong-based H&H Group (formerly Biostime) in 2015 for AU$1.67 billion.
                            Company Ownership
                    Swisse Wellness Pty Ltd
                
                AUS
    
    
    
    
    
        Health and Happiness (H&H) International Holdings Ltd
        
        
    owns 100% of Swisse Wellness Pty Ltd
        
    HKG
    
    
    Infant formula
                    Formerly Biostime. Hong Kong listed Chinese dietary supplements and infant formula producer. Acquired 83% of Swisse in 2015.
            Company Assessment
            (Last updated Jul 2025)        
        
        
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            Criticism
            Information
        
                                
                Swisse Wellness Pty Ltd
            
                            
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         3/5 for packaging performance
        3/5 for packaging performance
    
    
        This company received a packaging performance level of 3 (Advanced) in its 2025 APCO Annual Report. Australian Packaging Covenant Organisation (APCO) is a not-for-profit organisation leading the development of a circular economy for packaging in Australia. Each year, APCO Members are required to submit an APCO Annual Report and Action Plan, which includes an overall performance level from 1 (Getting Started) to 5 (Beyond Best Practice).
    
            Source: APCO
                                    (2025)
                            
        
    
         Breaching advertising codes
        Breaching advertising codes
    
    
        In 2013, 2012, 2011 and 2010 the Therapeutic Goods Administration's Complaints Resolution Panel upheld complaints about seven ads by this company on the grounds that they breached advertising codes. The Panel requested this company withdraw the ads and not to use representations in the ads again.
    
            Source: TGA Complaints Register
                                    (2013)
                            
        
    
         Krill supplements
        Krill supplements
    
    
        In 2015 Sea Shepherd Australia targeted this company over its production of krill-based omega-3 health supplements. Krill are a vital part of the Antarctic food chain and giant factory-ships are sucking up huge amounts of krill for the farmed fish and supplements industries. Vast schools of krill not only function as food for whales, penguins, seals and seabirds, but they are also huge carbon sinks that help mitigate global warming. Swisse is one of the largest krill supplement manufacturers in Australia.
    
            Source: Sea Shepherd
                                    (2015)
                            
        
    
         Political donations
        Political donations
    
    
        The democracyforsale.net website, which aggregates data from the Australian Electoral Commission (AEC), reports that this company donated $110,250 to Australia's major political parties between 2018 and 2023. To view this company's entry in the AEC's Transparency Register, follow the link and click on "Named on the following annual returns as providing funds to:" to see the political donations made by the company.
    
            Source: AEC
                                    (2024)
                            
        
    
         Organic products
        Organic products
    
    
        Some of this company's products are certified organic by NASAA.
    
            Source: NASAA
                                    (2022)
                            
        
    
         Vegan Australia Certified products
        Vegan Australia Certified products
    
    
        This company sells products certified vegan by Vegan Australia.
    
            Source: Vegan Australia
                                    (2024)
                            
        
    
         Previously carbon neutral certified
        Previously carbon neutral certified
    
    
        This company was certified carbon neutral by the Climate Active Carbon Neutral Standard from 2011 until 2023, when they withdrew from the program.
    
            Source: Climate Active
                                    (2023)
                            
        
    
                Health and Happiness (H&H) International Holdings Ltd
            
                            
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         Certified B Corp with score of 92.3
        Certified B Corp with score of 92.3
    
    
        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 92.3 and has held B Corp Certification since October 2024. The median score for businesses is 50.9, with a score of 80 required for B Corp Certification.
    
            Source: B Lab
                                    (2024)
                            
        
    
         Palm oil rating - WAZA
        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, Fair, Poor or No Commitment. This company is rated "No Commitment" (retrieved 4 Feb 2025).
    
            Source: WAZA
                                    (2025)
                            
        
    
         20.4% in BMS Marketing Index
        20.4% in BMS Marketing Index
    
    
        The BMS Marketing Index 2024 assesses how well companies making breast-milk substitutes (BMS) are following international guidelines for marketing their products. The Index aims to ensure marketing practices don't discourage breastfeeding. This company scored 20.4%. The highest score was 37% and the average score was a disappointing 10%.
    
            
    
         Price fixing in China
        Price fixing in China
    
    
        In 2013 Chinese authourities fined six companies including this one, a total of US$110 million following an investigation into price fixing and anti-competitive practices by foreign baby formula makers.
    
            Source: news article
                                    (2013)
                            
        
    
         MAIF signatory
        MAIF signatory
    
    
        This company is a signatory to the Manufacturers and Importers Agreement 1992 (MAIF), a voluntary self-regulatory code of conduct between the manufacturers and importers of infant formula in Australia. The MAIF Agreement aims to contribute to the provision of safe and adequate nutrition for infants, by the protection and promotion of breastfeeding and by ensuring the proper use of breast milk substitutes, when they are necessary, on the basis of adequate information through appropriate marketing and distribution.
    
            
    
         Biostime China Foundation for Mother & Child
        Biostime China Foundation for Mother & Child
    
    
        The BIOSTIME China Foundation for Mother & Child was established in 2007 in partnership with the Red Cross Sociaty of China.
    
            Source: company website
                                    (2015)
                            
        
    
         Medium ESG Risk
        Medium ESG Risk
    
    
        Sustainalytics, a top ESG research firm, evaluates environmental, social, and governance risks for over 16,000 companies. Its ESG Risk Rating reflects how much risk a company faces in its industry and how well it manages those risks. The final score includes both unmanaged and unmanageable risks, and companies are rated on a scale from negligible (0-10) to severe (40+). This company received an ESG Risk Rating of 27.1, placing it in the "medium risk" category (retrieved April 2025).
    
            Source: Sustainalytics
                                    (2025)
                            
        
    
Company Details
Type:
                Subsidiary
                                                                Employees:
                150
                                            (2015)
                                    
                                            Contact Details
                    Address:
                
                
                    111 Cambridge St, Collingwood , VIC , 3066, Australia
                
                                        
                    Phone:
                
                03 9418 6767
                                        
                    Freecall:
                
                1800 794 773
                                        
                    Website:
                
                
                    Products / Brands
Swisse
                Biostime
                                Baby Formula
                
                                                        
            
                    
                Evidin
                                Vitamins
                
                                                        
            
                    
                Swisse
                                Skin Care
                
                                                        
            
                    
                Swisse
                                Vitamins
                
                                                        
            
                    
                Swisse
                                Mens Grooming
                
                                                        
            
                    
                Swisse
                                Sports Nutrition
                
                                                        
            
             
                    