Holding company
Holding company for the Forrest family's private business interests. Their investment portfolio spans across agri-food, energy, resources, property, hospitality, sport and entertainment. Formerly known as Minderoo Group.
Company Assessment
(Last updated Jan 2022)
Praise
Criticism
Information
Tattarang Pty Ltd
Praise
Criticism
Information
Giving Pledge signatory
In February 2013, Andrew and Nicola Forrest were the first Australasian signatories to join the Giving Pledge - a commitment by some of the world's wealthiest individuals and families to dedicate the majority of their wealth to philanthropy. The campaign has founded by Bill Gates and Warren Buffett in 2009. The pledge is a moral commitment to give, not a legal contract.
Source: Giving Pledge
(2014)
Minderoo Foundation
Minderoo Foundation is independent, forward thinking and seeks effective, scalable solutions. Based in Australia, they are one of Asia's largest philanthropies, with $2 billion committed to a range of global initiatives.
Source: company website
(2020)
Climate policy claims
This company has a climate policy on its website which claims to be assessing emissions from investments, activities and operations to provide data for action.
Source: company website
(2020)
Modern Slavery disclosure quality
Human Rights Law Centre's 2022 report, "Broken Promises: Two years of corporate reporting under Australia's Modern Slavery Act", examines statements submitted to the Government's Modern Slavery Register by 92 companies sourcing from four sectors with known risks of modern slavery: garments from China, rubber gloves from Malaysia, seafood from Thailand and fresh produce from Australia. Modern slavery statements are analysed to see if they comply with the mandatory reporting requirements, identify or disclose obvious modern slavery risks, and demonstrate effective actions to address risks. This company's modern slavery disclosure statement received a rating in the 41-60% range. The average score was 44% and the highest score was 89%.
Source: Human Rights Law Centre
(2022)
Live export aspirations
A spokesman from this company said in 2014 that Minderoo "would also like to expand into the live export trade, but was mindful of animal welfare concerns."
Source: news article
(2014)
Company Details
Type:
Family-owned private company
Subsidiaries:
Harvest Road Group
Agricultural investment
Western Australian agribusiness operating in three areas: beef, aquaculture and horticulture.
Harvey Industries Group Pty Ltd
Beef producer and exporter
Founded in 1919. Western Australia's largest beef producer. Owned by private equity firm Harmony Capital Management from 2006 to 2014, before being bought by WA mining billionaire Andrew Forrest through his Minderoo Group (renamed Tattarang in 2020).
Akubra Hats Pty Ltd
Hat makers
Founded in Tasmania in 1874 by Benjamin Dunkerley. In 1904 Stephen Keir I, who had also migrated from England, joined Dunkerley. The hat making firm stayed in the hands of succeeding generations of the Keir family until 2023, when it was acquired by private investment group Tattarang, owned by Australian mining tycoon Andrew Forest.
R.M. Williams Holdings Ltd
Clothing and footwear
Acquired for $190 million in 2020 by private equity group Tattarang, owned by Australian mining tycoon Andrew Forest. The company was owned by LVMH from 2013 to 2020. Some of its range is made in Australia.
Contact Details
Products / Brands
Harvey Beef
Harvey Beef
Beef
Akubra
Hats
★ some garments accredited with Ethical Clothing Australia
RM Williams
Menswear (casual)
RM Williams
Womens Fashion
RM Williams
Mens Shoes
RM Williams
Work Boots