Primark


 

Primark: Company Profile

High street clothes retailer Primark, which is owned by Associated British Foods, is always in and out of the news. Every year we hear stories of abuse at supplier factories, usually on the Indian sub continent.

Discover more about the company's ethics below.

Last updated: November 2017

Annual Revenue£5.9 billion a year

 

Other BrandsPrimark is owned by Associated British Foods

 

Company Score3 out of 20

 

BoycottsNo

 

Ethical Consumer Best Buy?No

 

Ethical issues by category

Primark is a signatory to the Bangladesh Accord which is a legally binding agreement between global brands and retailers designed to make all garment factories in Bangladesh safe workplaces.

It was set up in response to the Rana Plaza disaster which killed over 1000 people. 

Primark receives a middle rating for environmental reporting. Primark has an ethics page on its website and has commited to a number of targets by 2020 such as a 15% carbon footprint reduction, 15% waste to landfill reduction and a 3.5 reduction in waste arising over the whole product life cycle. 

As of June 2017 Primark states that "Animal testing is not permitted on any Primark products".

However, in the absence of a fixed cut-off date for the testing of ingredients, the company receives Ethical Consumer's middle rating in this category.

In June 2017 Ethical Consumer viewed the family tree for Associated British Foods (Primark's parent company) on the corporate website Hoovers.com. The site listed many high risk subsidiaries based in jurisdictions considered by Ethical Consumer to be tax havens at the time of writing. They included:

  • Investment subsidiaries in Guernsey & Jersey
  • a holding company in Hong Kong (Associated British Foods Asia Pacific Holdings Limited),
  • a holding company in Luxembourg (Abf European Holdings & Co) and
  •  

The company therefore received Ethical Consumer's worst rating for likely use of tax avoidance strategies.

In-Depth Information

See the Primark company page for detailed company information, background stories behind the ratings direct from our Corporate Critic database, and 'email the company' tool.

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