Bostik Australia
Adhesives & sealants
In 1990, Bostik was purchased by TOTAL, the French petroleum oil company, who sold the company to French chemicals giant Arkema in 2015. Bostik is one of the world's largest makers of adhesives and sealants. Operates 3 production sites in Australia.

Overall

Owned FRA
Rating C
About the Ratings

Company Ownership

Bostik Australia Pty Ltd
AUS
Bostik SA
owns 100% of Bostik Australia Pty Ltd
FRA
Adhesives & sealants
Acquired by Arkema from Total Oil in 2015.
Arkema SA
owns 100% of Bostik SA
FRA
Chemicals
Created in 2004 when French oil major Total spun off its chemicals business. 3 business segments: high performance materials, industrial specialties, and coating solutions. Sales in 50 countries. Acquired Bostik in 2015.

Company Assessment

Bostik Australia Pty Ltd
Information
In 2011 this company was convicted and fined $90,000 in the County Court after an investigation into a chemical leak at their Thomastown factory found there was no operational vapour system in place to deal with the spill.
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). This company received a packaging performance level of 2 (Good Progress) in its 2024 APCO Annual Report.
Source: APCO (2024)
Bostik SA
Information
In 2011 Bostik's US division was fined $917,000 by the US Occupational Safety and Health Administration (OSHA) for 50 alleged violations of workplace safety standards following an explosion earlier in the year. Among the 50 violations OSHA alleges, nine were deemed "willful violations," which are the most serious OSHA levies.
This company is a member of How2Recycle. The How2Recycle Label is a voluntary, standardized labeling system that clearly communicates recycling instructions to the public. It involves a coalition of forward thinking brands who want their packaging to be recycled and are empowering consumers through smart packaging labels. Companies must be a member of the program to use the How2Recycle Label.
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Arkema SA
Praise
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 A-.
Source: CDP (2023)
This company received an S&P Global ESG Score of 83/100 in the Chemicals 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.
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 B.
Source: CDP (2023)
Criticism
The Green Supply Chain Corporate Information Transparency Index (CITI) evaluates consumer-facing companies that have a sizeable supply chain in China. The evaluation uses government supervision data and public information to assess the environmental management of their supply chains in China. This company received a score of 12.54/100 (retrieved 24 Nov 2023).
Source: IPE (2023)
Information
In 2011 Europe's second-highest court upheld an EU antitrust fine totalling 78.66 million euros on this company and its former parent company for a bleaching chemicals cartel. The cartel had fixed prices for hydrogen peroxide and sodium perborate, divided up market volumes and shared sensitive information from 1995 to 2000.
In 2011 a European court reduced a fine imposed on Arkema to 113.3 milliion euroes. The company participated in an acyrylic glass cartel from 1997 to 2002.
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
This company has extensive corporate social responsibility claims on its website.
The 2022 Nature Benchmark ranks 400 companies across eight industries on their efforts to protect our environment and its biodiversity. The companies were assessed using three measurement areas: governance and strategy; social inclusion and community impact; and ecosystems and biodiversity. This company ranked #73/400, with a total score of 24.5/100.

Company Details

Type:
Wholly-owned subsidiary

Contact Details

Address:
51-71 High St, Thomastown , VIC, 3074, Australia
Phone:
03 9279 9333
Website:
www.bostik.com.au

Products / Brands

Bostik Australia
Blu Tack Stationery
Blu Tack Adhesives
Bostik Adhesives
Bostik Stationery
Clag Stationery
Clag Adhesives