Food, beverages and publishing
Sold its 40% of Asia Pacific Breweries to Heineken in 2012. Has operations in 20 countries. ThaiBev increased its stake in Fraser & Neave from 28% to almost 70% in 2024.
Company Ownership
Fraser & Neave Ltd
SGP
Thai Beverage Plc
owns 70% of Fraser & Neave Ltd
THA
Alcoholic beverages
Thailand's largest and one of Southeast Asia's largest beverage companies.
Company Assessment
(Last updated Aug 2024)
Praise
Criticism
Information
Fraser & Neave Ltd
Praise
Criticism
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Palm oil scorecard - WWF
The 2024 WWF Palm Oil Buyers Scorecard evaluates the progress and performance of 285 major retailers and manufacturer companies, focusing on actions companies have taken to ensure their own palm oil supply chain is sustainable and free of deforestation, natural ecosystem conversion, and human rights abuse. This company is rated 'well on path' with a score of 18.89 out of a possible total of 24.
Source: WWF Palm Oil Scorecard
(2024)
Previous involvement with Burma
This company owned a majority stake in Myanmar Brewery. The brewery operated as a joint venture with a state-owned enterprise and generated significant income for the oppressive Burmese regime (which ended in 2011). Kirin acquired the 55% stake from Fraser & Neave in 2015.
Source: news article
(2015)
Thai Beverage Plc
Praise
Criticism
Information
CDP Climate Change score of A-
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)
93/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 93/100 in the Beverages category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 18 Nov 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.
Source: S&P Global
(2022)
Sustainability claims
This company has an extensive sustainability section on its website.
Source: company website
(2014)
9.5/20 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 9.5/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
25% 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 #89/350, with a total score of 25/100.
26.5% 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 #127/816, with a total score of 26.5/100.
Company Details
Type:
Public company
Founded:
1883
Revenue:
1.4 billion USD
(2021)
Employees:
6,900+
(2021)
Contact Details
Products / Brands
Fraser & Neave
100 Plus
Sports Drinks