Nutrimetics Australia

Direct selling

Direct selling beauty company operating primarily in Australia and New Zealand. Owned by Tupperware from 2005 to 2022, when New Image Group bought the company.

Overall

Owned NZL

Rating

About the Ratings

Company Ownership

Nutrimetics Australia Pty Ltd

AUS

New Image Group

owns 100% of Nutrimetics Australia Pty Ltd

NZL

Health and nutritional products

New Zealand-based health and nutritional product provider founded over 30 years ago by founder and chairman, Graeme Clegg. Acquired Nutrimetics from Tupperware Brands in 2022.

Company Assessment

(Last updated Jun 2024)

Praise Criticism Information

Nutrimetics Australia Pty Ltd

Praise

5/5 for packaging performance

This company received the highest packaging performance level of 5 (Beyond Best Practice) in its 2024 APCO Annual Report. 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).

Source: APCO (2024)

Cruelty free company

This company has either signed PETA's statement of assurance or provided a statement verifying that they do not conduct or commission any animal tests.

Source: PETA (2023)

New Image Group

Criticism

Fined $1.5m for Takeovers Code breach

In 2022 this company was ordered to pay a fine of NZ$1.5 million for breaching the Takeovers Code in 2013. The company admitted to non-deliberate breaches of the code in respect of a takeover offer to take it private in 2013. The Takeovers Panel received a complaint about the takeover in 2019 and investigated claims the offer did not treat all shareholders equally and that some disclosures were not made.

Source: news article (2022)

Information