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Associated British Foods

Associated British Foods is a diversified international food, ingredients and retail group with operations in 52 countries across Europe, Southern Africa, the Americas, Asia and Australia. It is grouped into five business segments: sugar, agriculture, retail, grocery and ingredients. Its ingredients division is among the world’s largest producers of sugar and yeast, and a major producer of other ingredients, including emulsifiers, enzymes and lactose. Associated British Foods’ grocery brands include Jordans (cereals), Karo (corn syrup), Twinings (tea) and Patak’s (Indian cooking products). In terms of geography, most of the company’s revenue is generated in its home market, the United Kingdom, as well as Europe and Africa. In retail, the company owns Primark, one of the largest clothing retailers in Europe.

Ranking position
#88/350
Total score
29.4/100
Measurement area Score Rank (0-350)

Governance and strategy

#1 5.8 / 10 #56

Environment

#1 6.8 / 30 #150

Nutrition

#1 3.8 / 30 #131

Social inclusion

#1 13.0 / 30 #30
Segment Rank
Agricultural products and commodities #28
Food and beverage manufacturers/processors #61

Segment ranking summary

Associated British Food ranks 28th in the agricultural products and commodities segment and 61st amongst food and beverage manufacturers/processors. The company performs relatively well in the governance and strategy and social inclusion measurement areas but provides poor disclosure in the environment and nutrition measurement areas relative to its peers in both segments. Within social inclusion, the company has taken strides to address land rights and support the resilience of farmers and small-scale producers. However, it lacks disclosure on other important topics, including child and forced labour and the health and safety of vulnerable groups, areas its peers have already taken steps to address. In environment, the company could perform better against its peers by setting group-wide targets related to issues such as GHG emissions, agricultural sourcing practices and water usage. Similarly, in nutrition, the company could disclose targets for food safety and programmes supporting the availability and accessibility of healthy foods.

Leading practices

Risks and opportunities

Core social indicators

The core social indicators are part of the social inclusion measurement area. These indicators assess societal expectations of business conduct that companies should meet if they aspire to be part of a system transformation that leaves no one behind.

More about the company

Headquarters
London, United Kingdom
Food and agriculture revenue USD
10,282,051,300
Group revenue USD
17,867,948,800
Onwnership structure
Publicly listed
Number of employees
133,000
Website
https://www.abf.co.uk

This company is part of the SDG2000, the 2.000 most influential companies

See company profile