A2 Milk Company
Dairy company
Founded in New Zealand in 2000. Their products have been sold in Australia since 2007, China since 2013. Their infant formula products are made by Synlait, and a2 milk is made under licence by Fonterra.

Overall

Owned NZL
Rating F
About the Ratings
A2 Milk Company Ltd
NZL

Company Assessment

A2 Milk Company Ltd
Criticism
This company received an S&P Global ESG Score of 18/100 in the Food Products 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.
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)
Modern slavery disclosure is a critical step in mitigating the risk associated with modern slavery practices in companies' operations and supply chains. The quality of the disclosure signals the level of commitments and efforts that the companies have put in managing these risks. In 2021 the Monash Centre for Financial Studies analysed and ranked the disclosure quality of the modern slavery statements submitted by the 300 largest listed companies on the Australian Stock Exchange (ASX300). This company's modern slavery disclosure statement received a grade of E.
The BMS Marketing Index 2024 assesses how well companies making breast-milk substitutes (BMS) are following international guidelines for marketing their products. The Index aims to ensure marketing practices don't discourage breastfeeding. This company scored 16.5%. The highest score was 37% and the average score was a disappointing 10%.
Information
In Feb 2018 the A2 Milk Company and Fonterra entered into a strategic relationship that will see the two companies join forces for a number of key supply, distribution, sales and marketing arrangements. Fonterra have an F rating in this guide.

Company Details

Type:
Public company
Founded:
2000
Revenue:
337 million AUD (2016)
Employees:
111 (2016)
Subsidiaries:
A2 Milk Company (Australia) Pty Ltd
Milk
Previously a joint venture between A2 Corporation of New Zealand and Freedom Foods. Freedom Foods sold its remaining stake in 2015.
Synlait Ltd (20% owned)
Dairy
Established in 2000. China's Bright Dairy bought a 51% stake in 2010, which has since been diluted to 39%. Acquired fellow New Zealand dairy company Dairyworks in 2019.
Dairyworks Ltd
Dairy
Established in New Zealand in 2001. A family-owned company until it was acquired by fellow New Zealand dairy company Synlait in 2019.

Contact Details

Address:
Auckland, New Zealand
Website:
www.thea2milkcompany.com

Products / Brands

A2 Australia Dairyworks (20% owned)
Dairyworks Cheese