Savola Group (2050.SR)

Take Impact Assessment
Overall impact
C (40)

Commentary

Savola Group is an average overall performer. With a 'C' rating of 40.3 for overall impact (bottom 25% of all companies), Savola Group ranks 84th out of 120 industry peers, behind Tofutti Brands, Chobani, Cranswick and 80 others, and ahead of PSSI, Sanfilippo John B and Son, Toyo Suisan Kaisha and 33 others. On top material causes for Savola Group's industry (Food), Savola Group performs poorly in Child and Maternal Health (21.6 score), Racial Justice and Civil Rights (33.4), Quality Primary Education (33.2) and 8 other causes where it received a 'D' or 'F' score. Savola Group did not receive an 'A' rating on any cause.
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Screens
Advertising
Alcohol
Alcohol - responsible marketing
Animal treatment
Anti-abortion support
Anti-Israel
Anti-personnel mines
Arctic drilling
Banned pesticides and chemicals
Biological and chemical weapons
Cannabis
Carbon emissions intensity
Child safety
Cluster munitions
Coal
Contraceptives
Controversial weapons
Deforestation - financing
Deforestation - supply chain
Depleted uranium
Discrimination controversies
Electrical utility
Endangered wildlife
Environmental controversies
EU sanctions list
Factory farming
Fast food
Firearms
Food commodity derivatives
For-profit health care
Fossil fuel
Fur
Gambling
Genetic engineering
Health-related controversies
Human rights controversies
Human trafficking
ILO Conventions
Interest-based products
Interest-bearing debt
Interest-bearing securities
Iran
Land use and biodiversity
Military contracting
Misleading communication
Modern slavery
Music
Myanmar
Non-sustainable palm oil
Norges Bank exclusion list
Northern Ireland (Macbride)
North Korea
No SBTI commitment
Nuclear
OECD Guidelines
Oil and gas
Opioid controversies
Oppressive governments
Palestinian human rights
Pharma controversies
Pork
Pornography
Predatory lending
Prison involvement
Privacy breaches
Pro-life
Russia
Single-use plastic
Stem cell research
Sudan
Sugar
Syria
Tar sands
Thermal coal
Tobacco
Tobacco - GICS
UK sanctions list
Undermining US elections
UN Global Compact
UN Guiding Principles
US OFAC sanctions list
Weapons
Impact
Cause 2050.SR
Peer rank
Overall impact

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Screens
Advertising
Alcohol
Alcohol - responsible marketing
Animal treatment
Anti-abortion support
Anti-Israel
Anti-personnel mines
Arctic drilling
Banned pesticides and chemicals
Biological and chemical weapons
Cannabis
Carbon emissions intensity
Child safety
Cluster munitions
Coal
Contraceptives
Controversial weapons
Deforestation - financing
Deforestation - supply chain
Depleted uranium
Discrimination controversies
Electrical utility
Endangered wildlife
Environmental controversies
EU sanctions list
Factory farming
Fast food
Firearms
Food commodity derivatives
For-profit health care
Fossil fuel
Fur
Gambling
Genetic engineering
Health-related controversies
Human rights controversies
Human trafficking
ILO Conventions
Interest-based products
Interest-bearing debt
Interest-bearing securities
Iran
Land use and biodiversity
Military contracting
Misleading communication
Modern slavery
Music
Myanmar
Non-sustainable palm oil
Norges Bank exclusion list
Northern Ireland (Macbride)
North Korea
No SBTI commitment
Nuclear
OECD Guidelines
Oil and gas
Opioid controversies
Oppressive governments
Palestinian human rights
Pharma controversies
Pork
Pornography
Predatory lending
Prison involvement
Privacy breaches
Pro-life
Russia
Single-use plastic
Stem cell research
Sudan
Sugar
Syria
Tar sands
Thermal coal
Tobacco
Tobacco - GICS
UK sanctions list
Undermining US elections
UN Global Compact
UN Guiding Principles
US OFAC sanctions list
Weapons
Impact trend

Change in rating for overall impact

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Company
Founded
1979
Employees
15,299
Sector
Consumer Staples
Industry
Food Products
Sub-industry
Packaged Foods & Meats
SASB industry
Processed Foods
Headquarters
Saudi Arabia
Share classes
2050.SR
More info
https://www.savola.com
Description
Savola Group Company, together with its subsidiaries, produces, markets, and distributes food products. The company operates through five segments: Food Processing, Retail, Food Services, Frozen Food, and Investments. It offers edible oils, vegetable oils, sugar and sweeteners, pasta, snacks, bakery products, specialty fats, seafood, confectionery, dairy products, fast foods, and frozen food products, as well as sugar, spices, nuts, and pulses. The company also engages in the agro cultivation, services and maintenance, retail, trading and distribution, restaurant, renewable energy, e-commerce, and real estate activities, as well as investments in equity-accounted investees and other investments activities. In addition, it retails grocery products through a network of hyper markets, supermarkets, and convenience stores. Savola Group Company was founded in 1978 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.
Material causes
Ethos considers the following causes material for Savola Group, based on its industry sub-industry Packaged Foods & Meats. Learn more about material causes in our methodology overview.
Accountable institutions
Build accountable and inclusive institutions at all levels
Affordable, safe housing
Ensure access to affordable, safe housing and living conditions for all
Child and maternal health
End preventable deaths of mothers and children, support reproductive health everywhere
Clean water access
Ensure availability of clean, safe water for all
Decent, safe work opportunities
Promote full and productive employment for all, in safe work environments
Disaster readiness and effective aid
Be prepared for natural disasters and provide effective aid when disasters happen
Equal pay and opportunity
Achieve equal pay and opportunity for women everywhere
Fair labor practices
Ensure fair and humane labor practices everywhere
Healthy oceans
Support healthy oceans and marine biodiversity, including through reduced pollution
Humane treatment of animals
Ensure humane treatment of animals everywhere
Improved mental health
Support awareness and access to mental health support for all
LGBTQ equality
Ensure equal rights for all lesbian, lesbian, gay, bisexual, transgender and queer people
No poverty
End poverty in all its forms everywhere
Quality primary education
Provide inclusive and quality education for all children
Racial justice and civil rights
Eliminate racism and ensure justice for all
Reduced green house gas emissions
Continually reduce green house gas emissions and other pollutants
Reduced inequality
Reduce inequality within and among countries
Reduced waste
Reduce waste and support re-usable materials
Sustainable use of natural resources
Ensure sustainable use of natural resources
Sustainable use of water
Promote sustainable management of water everywhere
Terrestrial biodiversity
Protect biodiversity and wildlife habitats on land, preserve forests and combat land degradation
Zero hunger
End hunger and achieve food security for all
Peace and justice
Promote peaceful and inclusive societies, provide access to justice for all
Inclusive economies
Create inclusive economies with no poverty, decent work for all, and affordable living conditions
Health and well-being
Ensure healthy lives and promote well-being for all at all ages
Water and sanitation
Ensure availability and sustainable management of water and sanitation for all
Climate action
Take urgent action to combat climate change and its impacts
Gender equality
Achieve gender equality and empower all women and girls
Life on earth
Protect biodiversity and ensure sustainable use of ecosystems
Quality education
Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
Sustainable resource use
Ensure sustainable consumption and production patterns

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This information may not be used for corporate financing purposes (including, without limitation, ESG-linked loans, credit facilities, securities or structured products), as a basis for any financial instruments or products (including, without limitation, passively managed funds and index-linked derivative securities) or other products or services, to verify or correct data in any other compilation of data or index, to create any derivative works, nor to create any other data or index (custom or otherwise), without Ethos' prior written permission.

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