Chocolate
In 2019 Asian private equity firm MBK Partners purchased retail and distribution operations for four of Godiva's 100-plus markets; Japan, South Korea, Australia, and New Zealand.
Company Ownership
Godiva Asia Pacific
KOR
MBK Partners Ltd
owns 100% of Godiva Asia Pacific
KOR
Private equity firm
Established in 2005 by Michael ByungJu Kim, a South Korean billionaire businessman. Acquired the Asia-Pacific arm of Godiva chocolates in 2019.
Company Assessment
(Last updated Jan 2024)
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Godiva Asia Pacific
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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 an orange rating: "Needs improvement in policy and practice".
Source: Be Slavery Free
(2024)
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)
MBK Partners Ltd
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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)
Company Details
Contact Details
Address:
Republic of Korea
Products / Brands
Godiva Asia Pacific
Godiva
Chocolate