Yamaha Music Australia
Music equipment

Overall

Owned JPN
Rating C
About the Ratings

Company Ownership

Yamaha Music Australia Pty Ltd
AUS
Yamaha Corporation
owns 100% of Yamaha Music Australia Pty Ltd
JPN
Conglomerate
World's largest musical instrument manufacturing company. Yamaha Motors is an independent company, with Yamaha Corporation as a major shareholder.

Company Assessment

(Last updated Jun 2024)
Yamaha Music Australia Pty Ltd
Information
APCO member
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). This company received a packaging performance level of 2 (Good Progress) in its 2024 APCO Annual Report.
Source: APCO (2024)
Yamaha Corporation
Praise
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)
CDP Water Security score of A-
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security score of A-.
Source: CDP (2023)
Criticism
Price fixing in Germany
In 2021 the German government fined Yamaha, Roland, and Fender nearly 21 million euros for "resale price maintenance." The Federal Cartel Office found over the course of its years-long investigation that Yamaha representatives had coordinated with contacts at the offending instrument stores to agree upon "certain minimum sales prices" for products. This arrangement dated back to at least 2005 and proceeded into 2017.
Information
Still operating in Russia
Since the invasion of Ukraine began, Yale University has been tracking the responses of well over 1,200 companies, and counting. Over 1,000 companies have publicly announced they are voluntarily curtailing operations in Russia to some degree beyond the bare minimum legally required by international sanctions - but some companies, including Yamaha, have continued to operate in Russia undeterred.
Source: Yale (2022)
Climate action commitments
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
Sustainability claims
This company has extensive sustainability claims on its website including policy statements.
Modern Slavery statement
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
59/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 59/100 in the Leisure Equipment & Products and Consumer Electronics 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.
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Company Details

Type:
Wholly-owned subsidiary
Employees:
80 (2021)

Contact Details

Address:
Australia
Website:
au.yamaha.com

Products / Brands

Yamaha Music Australia
Yamaha Soundbars