MASHINIi

DANONE S.A.

BSN.XETRA | Manufacture of dairy products

Danone S.A. is a multinational food and beverage company. Its product portfolio includes dairy and plant-based products (such as yogurts, dairy desserts, coffee creamers, plant-based drinks and alternatives to yogurt and ice cream), specialized nutrition products (early life nutrition and medical nu...Show More

Ethical Profile

Mixed.

Danone's ethical profile is mixed. The company reports 89% of 2024 sales from healthy products, yet 39 non-compliant marketing incidents were found, with only 38% of assessed children's products meeting nutrient requirements. Environmentally, Danone achieved a 34.5% reduction in Scope 1 & 2 emissions and 85% reusable/recyclable/compostable packaging by 2024. However, a lawsuit over alleged inadequate plastic reduction policies settled in February 2025, compounded by withdrawal from a plastic waste-to-fuel project in Indonesia and being reportedly off-track for its 2025 packaging target. A confidential whistleblower system exists, but quantitative data on regulatory fines is limited. Information on fair pay, ethical sourcing, animal welfare, and community respect is largely unavailable.

Value Scores

Better Health for All-30
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business10
-100100
Kind to Animals-20
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-50
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech10
-100100
Zero Waste & Sustainable Products-40
-100100

Better Health for All

-30

In 2024, 87.7% of Danone's Dairy, Plant-Based, and Waters volumes were rated ≥ 3.5 stars by the Health Star Rating system.

1
However, 9% of volumes sold in 2022 came from sugared aquadrinks and indulgence foods.
2
In 2024, Danone Indonesia had no product recalls or incidents related to non-compliance with health and safety.
3
The company aims to provide safe drinking water to 20 million vulnerable people by 2025, reaching 20.8 million in 2024.
4
Danone North America will invest $3 million to improve access and affordability of nutrient-dense products in underserved communities.
5
Danone invested over 200 million euros in innovation since 2021, with 114 scientific publications in peer-reviewed journals in 2024.
6
The company incurred $170,895 in environmental violation penalties across 6 records since 2000.
7
Danone Communities aims to bring nutrition solutions to low- and middle-income populations, with the Malin program in France ensuring over 150,000 children from vulnerable families had access to baby nutrition.
8
The company's Be Well program, which includes mental health, covered 96% of employees in 2022, but only 75% of entities participated in Mental Health Awareness trainings in 2024.
9
In 2022, 73% of products were fully in line with all relevant nutritional criteria, and 80.7% were in line for added sugar.
10
Danone Nutricia Campus, an open-science education platform for Healthcare Professionals, was established in 2021.
11
Danone conducts clinical and human intervention studies according to strict internal and international guidelines.
12

Fair Money & Economic Opportunity

0

Danone S.A. is a food and beverage company and does not offer lending or deposit services to consumers. The 'Fair Money & Economic Opportunity' value specifically assesses activities that lend, insure, move, or store money, and how financial institutions democratize access to fair financial services. The provided articles detail Danone's sustainability efforts, supply chain management, and social innovation funds that invest in social enterprises and sustainable agriculture, such as the AWRAS initiative and the Danone Ecosystem Fund.

1
While these initiatives may indirectly support economic development for certain groups, they do not constitute direct financial services or products offered by Danone to consumers. Therefore, all KPIs related to consumer financial services, such as underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives, data accessibility, fair lending compliance, wealth-building outcomes, profit reinvestment, financial literacy initiatives, debt burden ratio, geographic inclusion, and product simplicity, are not applicable to Danone's core business model or the evidence provided.
2

Fair Pay & Worker Respect

0

No evidence available to assess DANONE S.A on Fair Pay & Worker Respect.

Fair Trade & Ethical Sourcing

0

No evidence available to assess DANONE S.A on Fair Trade & Ethical Sourcing.

Honest & Fair Business

10

Danone achieved a 'Triple A' status in CDP's environmental disclosure for the fifth consecutive year, a score attained by only 10 out of 21,000 companies, and ranked first in the 2024 Access to Nutrition Initiative Global Index, demonstrating world-class transparency.

1
The company has a formal whistleblower policy, the Danone Ethics Line, which allows for confidential and anonymous reporting by employees and external parties, with a non-retaliation guarantee.
2
This system is well-regarded, scoring over 81% in the Danone People Survey.
3
However, the company restated its 2021 key indicators due to a reshaping of its organization and reallocation of costs, which counts as one restatement in the past five years.
4
Danone faces ongoing lawsuits and settlements related to 'greenwashing' and plastic pollution, indicating significant ESG controversies.
5
A lawsuit filed in February 2020 is still scheduled for trial in May 2026, suggesting a median complaint resolution time of approximately 120 days.
6
The Board of Directors has an 89% independence rate.
7
Danone maintains a zero-tolerance stance on bribery and corruption, with a comprehensive policy covering all global operations and business partners.
8
Furthermore, 87% of its ethical claims are independently verified, including B Corp certification covering 92.8% of global net sales in 2024 and external audits of its Breast-Milk Substitutes Policy.
9

Kind to Animals

-20

Danone has achieved 100% cage-free eggs and egg ingredients since 2020, and 100% cage-free rabbits since 2018/2019.

1
All meat and dairy suppliers are audited on average every 2 years on quality and animal welfare criteria.
2
The company's animal welfare approach is based on the Five Freedoms, with 100% of all live animal transportation below limits (4 hours for poultry/rabbits, 8 hours for others) since 2021/2022.
3
100% of all species are pre-slaughter stunned (except wild fish) since 2022.
4
Danone joined two research initiatives in the EU on animal welfare in 2020.
5
However, the company was awarded Tier 3 status in the Business Benchmark on Farm Animal Welfare (BBFAW) in 2023, a decline from Tier 2 in previous years.
6
Danone's animal research policy, updated in September 2022, states that animal research may be necessary for regulatory approvals or special foods, and it does not perform animal research for conventional food products unless required by local law.
7
The company invested 50k Euro in the EU and US on cow brushes in 2022, and 125,000 USD on calf jackets in the US.
8

No War, No Weapons

0

No evidence available to assess DANONE S.A on No War, No Weapons.

Planet-Friendly Business

-50

Danone has SBTi-validated science-based carbon reduction targets for Scopes 1, 2, and 3, with FLAG emissions targets aligned with a 1.5°C trajectory, and its 2050 targets were officially approved by SBTi in 2024.

1
The company has a net-zero target year of 2050.
2
Danone's TCFD alignment is planned, with initial gap analysis complete. The company conducts good scenario analysis for 1.5°C and 2°C pathways, beginning to incorporate it into planning with basic disclosure. In 2024, no specific regulatory actions, violations, fines, or compliance issues were mentioned.
3
The company has a comprehensive deforestation policy with 60-70% verified implementation, good traceability systems, and regular supplier audits. Between 2020 and 2024, Danone achieved an 8% reduction in virgin fossil-based packaging.
4
In 2024, Danone planted 2.6 million trees.
5
The company sources 10-20% of its water from stressed basins.

Respect for Cultures & Communities

0

No specific, concrete data points were found in the provided articles that directly address the KPIs for 'Respect for Cultures & Communities'. The articles discuss general diversity and inclusion, gender equality, and broader sustainability efforts, but do not provide evidence on formal partnerships with indigenous or local communities, revenue reinvested in local development, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, grievance mechanisms for communities, FPIC participation rates, community governance inclusion, cultural preservation investment, local procurement share, indigenous supplier counts, cultural site protection, social license to operate, charitable giving to cultural heritage organizations, community fund allocation, language inclusivity, cultural incident response, or cultural sensitivity training completion.

1

Safe & Smart Tech

10

Danone conducts regular training sessions for employees on personal data processing responsibilities and has mandatory training for end-user cybersecurity awareness.

1
In 2024, 100% of the employee population completed e-learning courses.
2
The company implements encryption for personal data, with stronger encryption for special or sensitive data,
3
and encrypts personal data using firewalls and secure servers.
4
Danone aims to collect and process only necessary personal data and deletes, destroys, or de-identifies data when no longer needed.
5
The company states it integrates data privacy considerations into activities, systems, and processes from the beginning.
6
Danone also regularly reviews and updates systems for security and proper data handling,
7
and conducts vulnerability scans and technical auditing services.
8
Users are provided with rights to access, correct, delete, object to processing, and withdraw consent for their personal data.
9
Danone implements enhanced authentication for special or sensitive personal data
10
and verifies credentials.
11
The company states it processes personal data in line with applicable data protection laws and regulations, including GDPR and CCPA.
12

Zero Waste & Sustainable Products

-40

In 2023, 84% of Danone's total packaging was reusable, recyclable, or compostable.

1
For plastic packaging specifically, this figure was 74%.
2
The company reported using 34% recycled materials in its total packaging in 2023, and 14.6% recycled materials in its plastic packaging for the same year.
3
Between 2018 and 2021, Danone achieved a 12% reduction in plastic consumption.
4
The company has set several waste reduction targets for 2025, including 100% reusable, recyclable, or compostable packaging, 50% recycled content in packaging, and a 50% reduction in non-recovered food waste.
5
Danone faced a lawsuit from environmental groups in 2023 for insufficient plastic reduction efforts, which was settled in February 2024 with an agreement to reinforce its vigilance plan and provide more detailed information on plastic packaging.
6

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.