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Toro

OVERALL

Owned
USA
Rating
Criticisms

Irrigation equipment and mowers

Founded in 1914.

The Toro Company   USA     website   email      

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
The Toro Company
Business Ethics 15/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 15/100 in the Machinery and Electrical Equipment category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 23 Sep 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2022)
Business Ethics 38.6/125 at JUST Capital
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2023 rankings JUST Capital asked a representative sample of 3,002 Americans to compare 20 different business Issues on a head-to-head basis, producing a reliable hierarchy of Issues ranked in order of priority. Issues are organised under the headings Workers, Customers, Communities, the Environment, or Shareholders & Governance. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 807th of 951 companies, and 20th of 23 Commercial Vehicles & Machinery companies.
Source: JUST Capital (2023)
Social Misleading advertising
Leading makers of lawnmovers, including Toro, knowingly misrepresented, and significantly overstated, the horsepower of some of their products. As the price for lawn mowers is linked to the horsepower of the engine - the higher the horsepower, the more expensive the lawn mower - defendants' alleged misconduct caused consumers to purchase expensive lawn mowers that provided lower horsepower than advertised. In August 2010, the Court approved a $65 million settlement of the class action.
Source: Lawn Mower Class (2010)
Business Ethics CEO Pay Ratio of 109:1
In 2019 the median pay for a worker at this company was US$48,319. The CEO was paid 109 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
Source: AFL-CIO (2020)
Business Ethics Toro Giving Program
Toro donates at least two percent of its domestic pre-tax earnings to its communities each year.
Source: company website (2012)
Business Ethics Responsible Minerals Initiative member
This company is a member of the Responsible Minerals Initiative (formerly the Conflict-Free Sourcing Initiative), which helps companies address conflict minerals issues in their supply chains. The RMI provides information on conflict-free smelters and refiners, common tools to gather sourcing information, and forums for exchanging best practices on addressing conflict minerals. Membership is open to companies that use or transact in tantalum, tin, tungsten or gold (3TG). Founded in 2008 by members of the Electronic Industry Citizenship Coalition and the Global e-Sustainability Initiative.
Source: RMI (2019)

> About the Icons

Company Details

Type Public company
Revenue 1.9 billion USD (2011)
Employees 4,797 (2011)
Subsidiaries Toro Australia Pty Ltd 

Irrigation equipment and mowers

Toro's Australian operations started over 40 years ago.

Contact Details

Address Bloomington, Minnesota, USA
Website www.thetorocompany.com

Products / Brands

Toro Australia
Gardenmate Garden Care
Pope Garden Care


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