Dairy product manufacturing
Bega Cheese acquired 70% of this company in 2007, and the remaining 30% in 2011. 60% of production is exported.
Company Ownership
Tatura Milk Industries Ltd
AUS
Bega Cheese Ltd
owns 100% of Tatura Milk Industries Ltd
AUS
Dairy product manufacturer
Founded in 1899 in the Bega Valley, NSW. Major cheese producer supplied by 500 dairy farms from NSW and VIC. Acquired 70% of Tatura Milk Industries in 2007, and the remaining 30% in 2011. Changed corporate structure from a co-operative to an unlisted public company in 2008, and listed on the Australian Stock Exchange (ASX) in 2011. All Bega branded cheese products are marketed in Australia by Fonterra. Acquired the Vegemite brand and Kraft license from Mondelez Australia in Jan 2017, and the Lion Dairy & Drinks business from Kirin in 2021.
Company Assessment
(Last updated Jul 2024)
Praise
Criticism
Information
Tatura Milk Industries Ltd
Praise
Criticism
Information
Organic products
Some of this company's products are certified organic by NASAA.
Source: NASAA
(2022)
Bega Cheese Ltd
Praise
Criticism
Information
76/100 in TIME rankings
World's Most Sustainable Companies of 2024 by TIME and Statista recognises the Top 500 most sustainable companies in the world. From a selection of 5,000 of the world's largest companies, non-sustainable businesses were excluded, and the remaining companies were rated on Commitment & Ratings, Reporting & Transparency, and Environmental & Social Stewardship. This company received a total score of 76/100, ranking 40th overall.
Source: TIME
(2024)
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)
Modern Slavery disclosure quality
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 A.
Source: Monash University
(2021)
12/20 in Social Benchmark
The 2024 Social Benchmark assesses the world's 2,000 most influential companies on their responsibility in meeting society's fundamental expectations towards three measurement areas: respecting human rights, providing decent work, and acting ethically. This company was assessed in 2022 and received a score of 12/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
Renewable energy use
Greenpeace's Reenergise campaign ranks Australia's biggest electricity using companies on their commitments and actions regarding renewable energy use. This company has: not committed to powering their operations by 100% renewable electricity by 2030; not signed a power purchase agreement (PPA) to buy power from a wind or solar project; not invested in on-site solar.
Source: Greenpeace
(2021)
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 "Poor" (retrieved 18 Nov 2023).
Source: WAZA
(2023)
29/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 29/100 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.
Source: S&P Global
(2022)
Fined for excessive smoke
In Dec 2015 the NSW Environment Protection Authority (EPA) issued a $15,000 penalty notice to this company for using wet sawdust fuel in its wood-fired boiler at the Lagoon Street premises, leading to a discharge of excessive smoke.
Source: EPA
(2016)
Palm oil free products
Some, but not necessarily all, of this company's spreads 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.
Source: BOS Australia
(2020)
RCMI signatory
This company is a signatory to the Responsible Children's Marketing Initiative (RCMI), which is managed by the Australian Food & Grocery Council and covers products found in retail outlets. Companies that have signed up to the initiative commit to: only advertising healthier choices to children and encouraging a healthy lifestyle through good diet and physical activity; not paying for or seeking product placement television programs, editorial content or interactive games aimed at children, unless the product is a healthier choice; not advertising and marketing to children in Australian schools unless they are asked to by those schools.
Source: AANA
(2023)
Gender equality
This company appears on the 2023 Bloomberg Gender-Equality Index, signifying a commitment to supporting gender equality through policy development, representation, and transparency.
Source: Bloomberg
(2023)
Sustainability claims
This company has extensive sustainability claims on its website in two core areas: Farm Sustainability and Factory Sustainability.
Source: company website
(2021)
Former CEO guilty of child sexual abuse
In 2014 a former CEO of Bega Cheese pleaded guilty to multiple charges of child sexual abuse on the NSW far south coast. Maurice Van Ryn sexually abused and indecently assaulted six boys at his Tathra home over the past eight years. Van Ryn was CEO of Bega Cheese from 1990 to 2005.
Source: news article
(2014)
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)
Company Details
Type:
Wholly-owned subsidiary
Founded:
1907
Revenue:
250 million AUD
(2004)
Employees:
346
(2004)