Pension fund
One of Canada's largest pension investment managers. They invest funds for the pension plans of the Public Service, the Canadian Armed Forces, the Royal Canadian Mounted Police and the Reserve Force. PSP Investments has a diversified portfolio of long-term Australian agricultural investments.
Company Assessment
(Last updated Jul 2024)
Praise
Criticism
Information
Public Sector Pension Investment Board
Praise
Criticism
Information
3/20 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 3/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
9.5% 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 #219/400, with a total score of 9.5/100.
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)
Company Details
Type:
Crown corporation
Founded:
1999
Subsidiaries:
Ellerslie Free Range Farms Pty Ltd
(60% owned)
Egg producers
Owns the Yallamundi Farm organic eggs brand, and 50% of Sunny Queen, one of Australia's largest egg processors and distributors. In 2024 Canadian pension fund PSP Investments bought a 60% stake for $180 million, with the founding Hall family retaining the remaining 40%.
Yallamundi Farms Pty Ltd
Free range eggs producer
Family-owned egg producer on the Darling Downs, Queensland. Operates both organic and pasture raised egg production systems.
Sunny Queen Pty Ltd
(50% owned)
Egg distributor
50% owned by Ellerslie Free Range Farms, which has been majority owned by Canadian pension fund PSP Investments since 2024.
Stahmann Farms Enterprises Pty Ltd
(51% owned)
Tree nut farming
They operate a pesticide-free pecan plantation in NSW and a processing facility in Toowoomba, Queensland. In 2017 Canadian pension fund PSP Investments bought a majority stake, and has since made a few bolt-on acquisitions, including Webster Ltd.
Webster Ltd
Agribusiness
Australia's largest walnut producer, accounting for around 90 per cent of Australia's annual walnut crop. The company also operates irrigated farming production of cotton, corn, cereals, legumes and livestock. It also holds 150,000 megalitres of water entitlements. Taken over by a Canadian pension fund in 2019 and merged with Stahmann Farms.
Contact Details
Products / Brands
Yallamundi Farm (60% owned)
Yallamundi Farm
Eggs
★ meets Model Code of 1500 hens per hectare