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Companies included in the food processors and manufacturers segment are active in processing or manufacturing of any type of consumer food or beverage product.

The top three companies in the food and beverage manufacturers and processors segment are also the top three performers in the benchmark overall, namely Unilever, Nestlé and Danone, with the top ten completed by a mixture of processing-only companies in Anheuser-Busch Inbev (fourth), PepsiCo (fifth), Diageo (eigth) and Kellogg’s (ninth), dairy cooperative Fonterra (seventh) and retailers with own-brand product ranges in Tesco (seventh) and Coles Group (tenth). Multiple alcoholic beverage companies make it into the top 25, with relatively strong disclosure on reducing plastic use and packaging waste and water use. The high representation of processors and manufacturers towards the top end of the overall ranking reflects how leading companies in this segment are demonstrating a holistic understanding of their role within food system transformation.

However, many of their peers are demonstrating a weak overall performance across multiple topics considered key to the segment. While many have outlined sustainable development strategies or set sustainability targets in relation to governance and strategy, the majority underperform on key environmental issues. For example, only six companies set holistic targets, and report progress against them, for eliminating deforestation in their supply chain and similarly, only ten report such an approach to improving soil health and agrobiodiversity. Given that this is the largest segment in terms of companies, the fact that only 9% have scope 1 and 2 greenhouse gas emission targets which are aligned to a 1.5-degrees warming trajectory is concerning.

In nutrition, less than half of the segment demonstrate that they are collectively addressing both the key topics of increasing the availability, and the accessibility and affordability, of healthy foods. Furthermore, the majority also fail to support responsible marketing commitments with associated commercial activities. In social inclusion, benchmark-wide findings on child and forced labour are also reflected in this segment, with most companies lacking significant disclosure on efforts to prevent these.

Ranking table

Total score out of 100 Governance and strategy out of 10 Environment out of 30 Nutrition out of 30 Social inclusion out of 30
1 Unilever
Total score 71.7 / 100
Governance and strategy 10.0 / 10
Environment 20.5 / 30
Nutrition 17.5 / 30
Social inclusion 23.7 / 30
2 Nestlé
Total score 68.5 / 100
Governance and strategy 7.5 / 10
Environment 20.0 / 30
Nutrition 18.8 / 30
Social inclusion 22.2 / 30
3 Danone
Total score 63.6 / 100
Governance and strategy 8.3 / 10
Environment 22.5 / 30
Nutrition 16.3 / 30
Social inclusion 16.5 / 30
4 Anheuser-Busch InBev
Total score 55.2 / 100
Governance and strategy 6.7 / 10
Environment 20.4 / 30
Nutrition 13.5 / 30
Social inclusion 14.7 / 30
5 PepsiCo
Total score 54.5 / 100
Governance and strategy 9.2 / 10
Environment 18.4 / 30
Nutrition 10.0 / 30
Social inclusion 16.9 / 30
6 Tesco
Total score 53.6 / 100
Governance and strategy 5.0 / 10
Environment 16.9 / 30
Nutrition 12.5 / 30
Social inclusion 19.2 / 30
7 Fonterra
Total score 53.5 / 100
Governance and strategy 9.2 / 10
Environment 15.7 / 30
Nutrition 17.5 / 30
Social inclusion 11.2 / 30
8 Diageo
Total score 53.0 / 100
Governance and strategy 10.0 / 10
Environment 18.2 / 30
Nutrition 7.5 / 30
Social inclusion 17.2 / 30
9 Kellogg's
Total score 50.1 / 100
Governance and strategy 7.5 / 10
Environment 17.0 / 30
Nutrition 8.8 / 30
Social inclusion 16.8 / 30
10 Coles Group
Total score 49.6 / 100
Governance and strategy 6.7 / 10
Environment 12.5 / 30
Nutrition 11.3 / 30
Social inclusion 19.2 / 30
11 The Coca-Cola Company
Total score 47.5 / 100
Governance and strategy 7.5 / 10
Environment 14.3 / 30
Nutrition 10.0 / 30
Social inclusion 15.7 / 30
12 Arla Foods
Total score 46.6 / 100
Governance and strategy 6.7 / 10
Environment 13.0 / 30
Nutrition 13.8 / 30
Social inclusion 13.2 / 30
13 Kerry Group
Total score 45.3 / 100
Governance and strategy 8.3 / 10
Environment 12.3 / 30
Nutrition 8.8 / 30
Social inclusion 15.9 / 30
14 Sainsbury's
Total score 44.6 / 100
Governance and strategy 2.5 / 10
Environment 15.0 / 30
Nutrition 15.0 / 30
Social inclusion 12.1 / 30
15 Heineken
Total score 44.1 / 100
Governance and strategy 6.7 / 10
Environment 12.9 / 30
Nutrition 7.5 / 30
Social inclusion 17.1 / 30
16 Orkla
Total score 43.8 / 100
Governance and strategy 8.3 / 10
Environment 15.0 / 30
Nutrition 10.0 / 30
Social inclusion 10.5 / 30
17 Carrefour
Total score 43.5 / 100
Governance and strategy 7.5 / 10
Environment 14.4 / 30
Nutrition 7.5 / 30
Social inclusion 14.2 / 30
18 FrieslandCampina
Total score 43.4 / 100
Governance and strategy 8.3 / 10
Environment 8.8 / 30
Nutrition 15.0 / 30
Social inclusion 11.3 / 30
- Olam International
Total score 43.4 / 100
Governance and strategy 6.7 / 10
Environment 10.2 / 30
Nutrition 11.3 / 30
Social inclusion 15.2 / 30
20 Ahold Delhaize
Total score 43.0 / 100
Governance and strategy 8.3 / 10
Environment 11.3 / 30
Nutrition 10.0 / 30
Social inclusion 13.4 / 30
21 The Hershey Company
Total score 42.9 / 100
Governance and strategy 5.0 / 10
Environment 11.6 / 30
Nutrition 7.5 / 30
Social inclusion 18.8 / 30
22 Wilmar International
Total score 42.2 / 100
Governance and strategy 6.7 / 10
Environment 6.8 / 30
Nutrition 10.0 / 30
Social inclusion 18.7 / 30
23 General Mills
Total score 41.8 / 100
Governance and strategy 6.7 / 10
Environment 13.8 / 30
Nutrition 8.8 / 30
Social inclusion 12.7 / 30
24 Kirin Holdings
Total score 41.0 / 100
Governance and strategy 8.3 / 10
Environment 15.0 / 30
Nutrition 6.0 / 30
Social inclusion 11.7 / 30
- Woolworths Group
Total score 41.0 / 100
Governance and strategy 4.2 / 10
Environment 11.9 / 30
Nutrition 12.5 / 30
Social inclusion 12.5 / 30
26 Keurig Dr Pepper
Total score 40.5 / 100
Governance and strategy 5.0 / 10
Environment 14.1 / 30
Nutrition 10.0 / 30
Social inclusion 11.4 / 30
27 Mondelez International
Total score 39.9 / 100
Governance and strategy 5.8 / 10
Environment 12.3 / 30
Nutrition 8.8 / 30
Social inclusion 13.0 / 30
28 Campbell's
Total score 39.6 / 100
Governance and strategy 6.7 / 10
Environment 13.8 / 30
Nutrition 10.0 / 30
Social inclusion 9.2 / 30
29 Grupo Bimbo
Total score 39.4 / 100
Governance and strategy 2.5 / 10
Environment 10.9 / 30
Nutrition 15.0 / 30
Social inclusion 11.0 / 30
30 Nueva Pescanova
Total score 39.1 / 100
Governance and strategy 5.8 / 10
Environment 12.0 / 30
Nutrition 13.8 / 30
Social inclusion 7.5 / 30
31 Walmart
Total score 39.0 / 100
Governance and strategy 7.5 / 10
Environment 13.8 / 30
Nutrition 6.3 / 30
Social inclusion 11.5 / 30
32 Molson Coors
Total score 38.8 / 100
Governance and strategy 5.0 / 10
Environment 20.4 / 30
Nutrition 4.5 / 30
Social inclusion 8.9 / 30
33 Ferrero
Total score 38.7 / 100
Governance and strategy 5.0 / 10
Environment 9.5 / 30
Nutrition 8.8 / 30
Social inclusion 15.4 / 30
34 Mars
Total score 38.6 / 100
Governance and strategy 3.3 / 10
Environment 10.6 / 30
Nutrition 17.5 / 30
Social inclusion 7.2 / 30
35 Kroger
Total score 38.5 / 100
Governance and strategy 7.5 / 10
Environment 14.4 / 30
Nutrition 8.8 / 30
Social inclusion 7.9 / 30
36 Wm Morrison Supermarkets
Total score 38.4 / 100
Governance and strategy 5.8 / 10
Environment 13.8 / 30
Nutrition 10.0 / 30
Social inclusion 8.8 / 30
37 Jeronimo Martins
Total score 38.1 / 100
Governance and strategy 7.5 / 10
Environment 13.1 / 30
Nutrition 8.8 / 30
Social inclusion 8.7 / 30
38 Pernod Ricard
Total score 37.4 / 100
Governance and strategy 5.8 / 10
Environment 13.9 / 30
Nutrition 6.0 / 30
Social inclusion 11.7 / 30
39 Aldi South Group
Total score 37.2 / 100
Governance and strategy 4.2 / 10
Environment 11.9 / 30
Nutrition 10.0 / 30
Social inclusion 11.2 / 30
40 Aldi Nord
Total score 36.9 / 100
Governance and strategy 5.8 / 10
Environment 10.6 / 30
Nutrition 8.8 / 30
Social inclusion 11.7 / 30
41 Meiji
Total score 36.2 / 100
Governance and strategy 5.0 / 10
Environment 13.0 / 30
Nutrition 10.0 / 30
Social inclusion 8.2 / 30
42 McCain Foods
Total score 36.1 / 100
Governance and strategy 5.0 / 10
Environment 15.9 / 30
Nutrition 7.5 / 30
Social inclusion 7.7 / 30
- Thai Union Group
Total score 36.1 / 100
Governance and strategy 5.8 / 10
Environment 8.3 / 30
Nutrition 5.0 / 30
Social inclusion 17.0 / 30
44 Mowi
Total score 36.0 / 100
Governance and strategy 5.0 / 10
Environment 15.0 / 30
Nutrition 7.5 / 30
Social inclusion 8.5 / 30
45 Kraft Heinz
Total score 35.9 / 100
Governance and strategy 7.5 / 10
Environment 10.0 / 30
Nutrition 10.0 / 30
Social inclusion 8.4 / 30
46 Charoen Pokphand Group
Total score 35.2 / 100
Governance and strategy 7.5 / 10
Environment 9.4 / 30
Nutrition 6.3 / 30
Social inclusion 12.1 / 30
47 Asahi Group
Total score 34.5 / 100
Governance and strategy 7.5 / 10
Environment 11.3 / 30
Nutrition 2.5 / 30
Social inclusion 13.2 / 30
48 Hormel Foods
Total score 34.3 / 100
Governance and strategy 7.5 / 10
Environment 10.2 / 30
Nutrition 8.8 / 30
Social inclusion 7.8 / 30
49 Metro AG
Total score 33.5 / 100
Governance and strategy 5.8 / 10
Environment 13.8 / 30
Nutrition 5.0 / 30
Social inclusion 8.9 / 30
50 Fuji Oil Holdings
Total score 33.4 / 100
Governance and strategy 5.8 / 10
Environment 8.9 / 30
Nutrition 6.3 / 30
Social inclusion 12.5 / 30
51 Groupe Casino
Total score 32.8 / 100
Governance and strategy 3.3 / 10
Environment 10.0 / 30
Nutrition 6.3 / 30
Social inclusion 13.2 / 30
52 Schwarz Gruppe (Kaufland, Lidl)
Total score 32.5 / 100
Governance and strategy 6.7 / 10
Environment 6.9 / 30
Nutrition 7.5 / 30
Social inclusion 11.5 / 30
53 Tiger Brands
Total score 31.9 / 100
Governance and strategy 4.2 / 10
Environment 8.9 / 30
Nutrition 8.8 / 30
Social inclusion 10.2 / 30
54 Rewe Group
Total score 31.7 / 100
Governance and strategy 2.5 / 10
Environment 8.1 / 30
Nutrition 8.8 / 30
Social inclusion 12.3 / 30
55 Carlsberg
Total score 31.5 / 100
Governance and strategy 6.7 / 10
Environment 10.7 / 30
Nutrition 6.0 / 30
Social inclusion 8.2 / 30
56 Bonduelle
Total score 30.8 / 100
Governance and strategy 5.8 / 10
Environment 11.3 / 30
Nutrition 6.3 / 30
Social inclusion 7.4 / 30
57 Thai Beverage
Total score 30.7 / 100
Governance and strategy 7.5 / 10
Environment 9.4 / 30
Nutrition 3.8 / 30
Social inclusion 10.1 / 30
58 Suntory
Total score 30.4 / 100
Governance and strategy 7.5 / 10
Environment 12.9 / 30
Nutrition 3.8 / 30
Social inclusion 6.2 / 30
59 Sime Darby Plantation
Total score 30.1 / 100
Governance and strategy 2.5 / 10
Environment 6.6 / 30
Nutrition 5.6 / 30
Social inclusion 15.4 / 30
60 Tyson Foods
Total score 29.8 / 100
Governance and strategy 5.0 / 10
Environment 11.6 / 30
Nutrition 5.0 / 30
Social inclusion 8.2 / 30
61 Associated British Foods
Total score 29.4 / 100
Governance and strategy 5.8 / 10
Environment 6.8 / 30
Nutrition 3.8 / 30
Social inclusion 13.0 / 30
62 Ajinomoto Group
Total score 28.9 / 100
Governance and strategy 4.2 / 10
Environment 12.3 / 30
Nutrition 7.5 / 30
Social inclusion 4.9 / 30
- Danish Crown
Total score 28.9 / 100
Governance and strategy 4.2 / 10
Environment 14.3 / 30
Nutrition 1.3 / 30
Social inclusion 9.2 / 30
- Musim Mas
Total score 28.9 / 100
Governance and strategy 5.0 / 10
Environment 8.4 / 30
Nutrition 3.8 / 30
Social inclusion 11.7 / 30
65 Barilla
Total score 28.6 / 100
Governance and strategy 3.3 / 10
Environment 10.2 / 30
Nutrition 8.8 / 30
Social inclusion 6.2 / 30
66 Greenyard
Total score 28.4 / 100
Governance and strategy 2.5 / 10
Environment 9.6 / 30
Nutrition 10.0 / 30
Social inclusion 6.2 / 30
- Jacobs Douwe Egberts
Total score 28.4 / 100
Governance and strategy 5.8 / 10
Environment 11.3 / 30
Nutrition 3.8 / 30
Social inclusion 7.6 / 30
68 Colruyt
Total score 27.6 / 100
Governance and strategy 2.5 / 10
Environment 11.3 / 30
Nutrition 10.0 / 30
Social inclusion 3.8 / 30
69 Itochu
Total score 27.5 / 100
Governance and strategy 2.5 / 10
Environment 8.8 / 30
Nutrition 7.5 / 30
Social inclusion 8.7 / 30
70 Grupo Nutresa
Total score 27.0 / 100
Governance and strategy 5.8 / 10
Environment 6.9 / 30
Nutrition 10.0 / 30
Social inclusion 4.2 / 30
71 Austevoll Seafood
Total score 26.9 / 100
Governance and strategy 5.0 / 10
Environment 11.3 / 30
Nutrition 5.6 / 30
Social inclusion 5.0 / 30
72 Groupe Limagrain
Total score 26.6 / 100
Governance and strategy 2.5 / 10
Environment 6.4 / 30
Nutrition 12.5 / 30
Social inclusion 5.2 / 30
73 Golden Agri-Resources
Total score 26.4 / 100
Governance and strategy 5.8 / 10
Environment 4.7 / 30
Nutrition 5.0 / 30
Social inclusion 10.8 / 30
74 BRF
Total score 26.2 / 100
Governance and strategy 5.8 / 10
Environment 9.5 / 30
Nutrition 2.5 / 30
Social inclusion 8.3 / 30
- Conagra Brands
Total score 26.2 / 100
Governance and strategy 2.5 / 10
Environment 12.5 / 30
Nutrition 6.3 / 30
Social inclusion 4.9 / 30
76 NorgesGruppen
Total score 25.9 / 100
Governance and strategy 5.0 / 10
Environment 7.5 / 30
Nutrition 6.3 / 30
Social inclusion 7.2 / 30
77 Lindt & Sprüngli
Total score 25.6 / 100
Governance and strategy 6.7 / 10
Environment 8.2 / 30
Nutrition 5.0 / 30
Social inclusion 5.7 / 30
- Pick N Pay Stores
Total score 25.6 / 100
Governance and strategy 3.3 / 10
Environment 10.0 / 30
Nutrition 7.5 / 30
Social inclusion 4.7 / 30
- Vinamilk
Total score 25.6 / 100
Governance and strategy 5.0 / 10
Environment 6.1 / 30
Nutrition 8.8 / 30
Social inclusion 5.7 / 30
80 Seven & I Holdings
Total score 25.3 / 100
Governance and strategy 5.8 / 10
Environment 8.1 / 30
Nutrition 5.0 / 30
Social inclusion 6.3 / 30
81 Avril Group
Total score 24.6 / 100
Governance and strategy 2.5 / 10
Environment 11.9 / 30
Nutrition 2.5 / 30
Social inclusion 7.7 / 30
- Uni-President
Total score 24.6 / 100
Governance and strategy 8.3 / 10
Environment 4.8 / 30
Nutrition 5.0 / 30
Social inclusion 6.5 / 30
83 Bunge
Total score 24.1 / 100
Governance and strategy 5.0 / 10
Environment 9.4 / 30
Nutrition 2.5 / 30
Social inclusion 7.2 / 30
84 Mitsui
Total score 23.8 / 100
Governance and strategy 3.3 / 10
Environment 6.3 / 30
Nutrition 2.5 / 30
Social inclusion 11.7 / 30
85 Minerva
Total score 23.4 / 100
Governance and strategy 2.5 / 10
Environment 8.9 / 30
Nutrition 3.8 / 30
Social inclusion 8.2 / 30
86 Nutreco
Total score 23.2 / 100
Governance and strategy 4.2 / 10
Environment 10.6 / 30
Nutrition 1.3 / 30
Social inclusion 7.2 / 30
- Sanderson Farms
Total score 23.2 / 100
Governance and strategy 1.7 / 10
Environment 3.4 / 30
Nutrition 7.5 / 30
Social inclusion 10.6 / 30
88 Barry Callebaut
Total score 23.1 / 100
Governance and strategy 5.0 / 10
Environment 10.2 / 30
Nutrition 0.0 / 30
Social inclusion 7.9 / 30
89 ICA Gruppen
Total score 23.0 / 100
Governance and strategy 3.3 / 10
Environment 10.0 / 30
Nutrition 3.8 / 30
Social inclusion 5.9 / 30
90 JM Smucker
Total score 22.9 / 100
Governance and strategy 2.5 / 10
Environment 6.8 / 30
Nutrition 5.0 / 30
Social inclusion 8.6 / 30
91 Marfrig
Total score 22.7 / 100
Governance and strategy 3.3 / 10
Environment 10.9 / 30
Nutrition 3.8 / 30
Social inclusion 4.7 / 30
92 Ebro Foods
Total score 22.4 / 100
Governance and strategy 3.3 / 10
Environment 6.6 / 30
Nutrition 3.8 / 30
Social inclusion 8.7 / 30
93 MHP
Total score 22.2 / 100
Governance and strategy 4.2 / 10
Environment 4.8 / 30
Nutrition 5.0 / 30
Social inclusion 8.2 / 30
- Magnit
Total score 22.2 / 100
Governance and strategy