Associated British Foods (ABF.L)

Overall impact
D (37)

Commentary

Associated British Foods is a below-average overall performer. With a 'D' rating of 37.2 for overall impact (bottom 25% of all companies), Associated British Foods ranks 92nd out of 120 industry peers, behind Tofutti Brands, Chobani, Cranswick and 88 others, and ahead of PSSI, Toyo Suisan Kaisha, LDC and 25 others. On top material causes for Associated British Foods's industry (Food), Associated British Foods performs well in No Poverty (95.2 score), Zero Hunger (95.6), Decent, Safe Work Opportunities (88.1) and 1 other cause where it received an 'A' score and performs poorly in Child and Maternal Health (31.6 score), Racial Justice and Civil Rights (31.6), Sustainable Use of Natural Resources (0.0) and 9 other causes where it received a 'D' or 'F' score.
Impact
Cause ABF.L
Peer rank
Overall impact

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Company
Founded
1935
Employees
138,000
Sector
Consumer Staples
Industry
Food Products
Sub-industry
Packaged Foods & Meats
SASB industry
Processed Foods
Headquarters
United Kingdom
Share classes
ASBFY
ADR
ABF.L
Description
Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Retail, Grocery, Ingredients, Sugar, and Agriculture. The Retail segment is involved in buying and merchandising clothing and accessories through the Primark and Penneys retail chains, which offer women's, men's, and kids wear, as well as beauty, homeware, and accessories. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses. The Ingredients segment manufactures yeast and bakery ingredients, enzymes, procession extracts, and health and nutrition and pharmaceutical delivery systems. The Sugar segment is involved in growing and processing sugar beet and sugar cane. The Agriculture segment manufactures specialty feed ingredients, premix and compound animal feed, as well as other products and services for the agriculture sector. The company was incorporated in 1934 and is headquartered in London, the United Kingdom. Associated British Foods plc operates as a subsidiary of Wittington Investments Limited.
Material causes
Ethos considers the following causes material for Associated British Foods, based on its industry sub-industry Packaged Foods & Meats. Learn more about material causes in our methodology overview.

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