San Miguel Food and Beverage
Food & beverages

Overall

Owned PHL
Rating F
About the Ratings

Company Ownership

San Miguel Food and Beverage Inc
PHL
San Miguel Corporation
owns 80% of San Miguel Food and Beverage Inc
PHL
Business conglomerate
San Miguel Corporation is the largest publicly listed food, beverage and packaging company in the Philippines. Have additionally diversified into Fuel and Oil (Petron), infrastructure (roads, rail, airports), real estate development, power and energy and mining. Founded in 1890 as a brewery, the company has over 100 facilities in the Philippines, Southeast Asia, China and Australia. San Miguel's flagship product, San Miguel Beer, holds over 90% share of the Philippine beer market.

Company Assessment

(Last updated Aug 2024)
San Miguel Food and Beverage Inc
Criticism
3/100 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 3/100. The average score was a disappointing 16/100 and the highest score was 56/100.
FAIRR Protein Producer Index
The Coller FAIRR Protein Producer Index is a comprehensive assessment of how this sector is managing critical sustainability risks factors: GHGs; deforestation and biodiversity; water scarcity; water pollution; antibiotics; animal welfare; working conditions; food safety. This company was rated as high risk.
15/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 15/100 in the Food Products category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 21 Oct 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.
10.3% 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 #227/350, with a total score of 10.3/100.
12% 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 #480/816, with a total score of 12/100.
San Miguel Corporation
Criticism
17/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 17/100 in the Industrial Conglomerates category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 21 Oct 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.
CDP Climate Change score of D
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 D.
Source: CDP (2023)
4.5/20 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 2023 and received a score of 4.5/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
Information
CDP Forests score of C
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 C.
Source: CDP (2023)
Alcohol - direct involvement
Directly involved in the manufacture, distribution or sale of alcohol as a core business.
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)
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Company Details

Type:
Subsidiary
Subsidiaries:
San Miguel Brewery Inc (51% owned)
Brewer
Philippines largest beer company, with a 95% market share. San Miguel Brewery Inc. was spun off from San Miguel Corporation in October, 2007. In 2009, Kirin Holdings Co. Ltd. of Japan bought 48.3% of the company from SMC.

Contact Details

Address:
Philippines
Website:
www.smfb.com.ph

Products / Brands

San Miguel Brewery (51% owned) / Good Drinks (importer/distributor)
San Miguel Beer (imported)