GrainCorp is an international agribusiness company operating across three main business segments; grains, malt and oils. GrainCorp sells and delivers around 8 million tonnes of grains annually to over 30 countries and is one of the biggest grain sellers in the Australian market. In addition, it also has a malting capacity of 1.25 million tonnes per year with locations in Australia, Canada, US and UK, supplying, among others, the craft beer and distillery sectors. Within the oil segment, GrainCorp sources locally grown oilseed crops, and imports a range of oils, to produce a varied portfolio of food and animal feed products.
GrainCorp ranks 76th in the agricultural products and commodities segment. The company performs slightly better than its peers in the governance and strategy measurement area, as it has linked board level remuneration to the achievement of sustainability objectives. In the environment measurement area the company performs slightly worse than its peers as it lacks disclosure on topics crucial to the segment such as soil health and fertiliser and pesticide use. The company lacks disclosure on any nutrition topics, for example GrainCorp does not disclose a commitment to increase the availability and accessibility of healthy foods. While the agricultural commodities sector arguably does not have a direct impact on nutrition, the company is outperformed by many of its peers on this topic. The company performs best relative to peers in the social inclusion measurement area. The company could improve by disclosing on topics such as land rights, farmer productivity and the health and safety of vulnerable groups.
More about the company
- Sydney, Australia
- Food and agriculture revenue USD
- Group revenue USD
- Onwnership structure
- Publicly listed
- Number of employees