Black Swan Foods
Makers of dips
Australia's third largest dip maker. Acquired by Philippines-based food company Monde Nissin in 2014. Formerly known as Poseidon Tarama Pty Ltd.

Overall

Owned PHL
Rating D
About the Ratings

Company Ownership

Black Swan Foods
AUS
Monde Nissin (Australia) Pty Ltd
owns 100% of Black Swan Foods
AUS
Food manufacturer
Acquired Australian dip manufacturer Black Swan in 2014, juice maker Nudie in Feb 2015, dip maker Menora Foods in Mar 2015, and international meat-substitute firm Quorn Foods in Oct 2015.
Monde Nissin Corporation
owns 100% of Monde Nissin (Australia) Pty Ltd
PHL
Food company
Founded by Betty Ang in the Philippines in 1980. One of the Philippines top 100 companies. The company holds around 60% of the Filipino instant noodles market, and 30% of the biscuits market. Acquired Australian dip manufacturer Black Swan in 2014, juice maker Nudie in Feb 2015, dip maker Menora Foods in Mar 2015, and international meat-substitute firm Quorn Foods in Oct 2015. Became a public company in 2021.

Company Assessment

(Last updated Jun 2024)
Black Swan Foods
No assessment data currently available for Black Swan Foods.
Monde Nissin (Australia) Pty Ltd
Praise
4/5 for packaging performance
This company received a packaging performance level of 4 (Leading) 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)
Information
Palm oil free products
Some, but not necessarily all, of this company's biscuit products are palm oil free. For more details, follow the link to see Borneo Orangutan Survival Australia's list of products which manufacturers have told them are palm oil free or contain segregated certified sustainable palm oil.
Monkey-free coconuts
Monkeys in Thailand are kept chained, trained using abusive methods, and forced to climb trees to pick coconuts used for coconut milk, oil, and other products. This company has policies of sourcing from farms where no monkey labour is used.
No tax paid in 2019-20
According to data released by the Australian Tax Office in Jan 2022, this company was one of many local and foreign-based companies that paid no tax in Australia in 2019-20. Please note however that companies pay income tax on profits, not revenue (total income). While some companies use tax havens and loopholes to avoid paying their fair share of tax in Australia, other companies that paid no tax have perfectly legitimate reasons.
Source: ATO (2022)
Monde Nissin Corporation
Praise
Palm oil rating - WAZA
The PalmOil Scan app, produced by the World Association of Zoos and Aquariums (WAZA), rates companies on their commitment to sourcing sustainable palm oil. Companies are scored on their use of certified sustainable palm oil (CSPO), commitment to sourcing CSPO, on-the-ground conservation action, and membership to the RSPO. Companies can earn a rating of Excellent, Good, Poor or No Commitment. This company is rated "Good" (retrieved 18 Nov 2023).
Source: WAZA (2023)
Criticism
12/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 12/100 in the Food Products category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 23 Sep 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.
Unsustainable palm oil use
This company scores Ethical Consumer's worst rating for their use of palm oil, signifying they are using no or minimal certified palm products, and with no or minimal positive commitments.
Information
Labour dispute in the Philippines
In 2018 members of Monde Nissin Labor Association built a protest camp outside one of this company's manufacturing plants in the Philippines, demanding the regularization of employees and reinstatement of dismissed workers.
Sustainability claims
This company has a number of Sustainability claims on its website. Follow the link for details.
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Company Details

Type:
Wholly-owned subsidiary
Employees:
70 (2013)

Contact Details

Address:
532-534 Clayton Rd, Clayton South, VIC, 3169, Australia
Phone:
03 9551 0611
Freecall:
1800 007 347
Website:
www.blackswan.com.au

Products / Brands