Surfwear and youth clothing
Established in Torquay, Australia in 1970. Is 2017 Quiksilver Inc was renamed Boardriders Inc. Now based in USA. In 2015 the American arm filed for bankruptcy, while Oaktree Capital took control of the company as part of a US$175 million refinancing, and in 2017 renamed the company Boardriders Inc (formerly Quiksilver Inc). Oaktree Capital is the largest shareholder of rival Billabong. The Australian business is not part of the bankruptcy filing.
| Oaktree Capital Management LP
owns 100% of Boardriders Inc
This company received a score of 0/100 (retrieved 13-Oct-2016) in the Corporate Information Transparency Index (CITI), a system for evaluating supply chain practices in China, particularly in regards to environmental management and water pollution. Scores are calculated using government compliance data, online monitoring data, and third-party environmental audits, as well as trends in the environmental performance of factories in the company's supply chains.
[Source 2016][More on Habitats]
This 2012 report by two Dutch NGOs (SOMO and ICN) reveals how workers in the South Indian garment and textile industry continue to suffer exploitative working conditions while making garments for Western brands. While some recent improvements have been made, thousands of girls work under recruitment and employment schemes that amount to bonded labour. This company was shown to be sourcing from one or more of the four garment manufacturers investigated, and failed to respond to a review request.
[Source 2012][More on Workers Rights]
Rank a Brand searches the websites of brands for the answers to carefully targeted questions. From this they calculate sustainability scores based on the themes of environment, climate, labor issues, and transparency. Brands owned by this company received an 'E', the lowest possible score.
[Source 2017][More on Sustainability Reporting]
This website by German NGO Earth Link rates companies on their corporate policies against child labour, production monitoring and accusations of child labour. This company received at least one red mark, indicating poor performance in one or more of these areas.
[Source 2013][More on Human Rights]
Brands owned by this company are on RankaBrand's Greenwashing Alert list. These are companies that report in some way on sustainability, but the information they provide is either of marginal or no relevance and is not explicit about sustainability performance.
[Source 2014][More on Irresponsible Marketing]
This 2007 investigative report by China Labour Watch reveals poor work conditions for Chinese workers making products for this company, such as workers being required to work nine hours per day as regular hours in addition to five to six hours of mandatory overtime during peak season which accumulates to 14 work hours per day, about 420 hours per month. [Listed under information due to age of report]
[Source 2007][More on Workers Rights]
This company has taken angora items off the shelves and promised not to use angora again, following a PETA campaign launched in Dec 2013 which revealed the cruelty inflicted on angora rabbits in Chinese factory farms, where 90% of the world's angora is produced.
[Source 2014][More on Animal Rights]
This company has announced that they don't sell animal fur or are phasing in a fur-free policy.
[Source 2014][More on Animal Rights]
The Quiksilver Foundation was formed in 2004 to bring all of Quiksilver's charitable giving under one umbrella. It is a non-profit organization committed to benefiting and enhancing the quality of life for communities of boardriders across the world by supporting environmental, educational, health and youth-related projects.
[Source 2012][More on Finance]
Textile Exchange (formerly known as Organic Exchange) is a US-based non-profit organization which operates internationally and is committed to the responsible expansion of textile sustainability across the global textile value chain, with a special focus on organic cotton.
[Source 2013][More on Multi-Stakeholder Initiatives]
C grade in the Baptist World Aid Australia's 'Ethical Fashion Report 2017', which grades companies, from A to F, on the strength of their systems to mitigate against the risks of forced labour, child labour, and exploitation in their supply chains. Assessment criteria fall into four main categories: policies, knowing suppliers, auditing and supplier relationships, and worker empowerment.
[Source 2017][More on Workers Rights]
The California Transparency in Supply Chains Act of 2010 (SB 657) requires companies operating in California to disclose their efforts to eradicate slavery and human trafficking from their direct supply chains. KnowTheChain.org has examined this company's disclosure statement and concluded that it addresses the majority of SB 657 requirements. Follow the link to see this company's disclosure statement.
[Source 2013][More on Workers Rights]
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
|Oaktree Capital Management LP|
|Company Structure||Private company|
|Revenue||US$1.8 billion in 2013|
|# Employees||1,069 in 2013|
|Subsidiaries||Ug Manufacturing Co Pty Ltd|
|Address||Huntington Beach, California, USA|
Products / BrandsQuiksilver Australia
DC Skate Shoes
Quiksilver Menswear (casual)