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Verbatim

OVERALL

Owned
JPN
Rating
Praises, some criticism

Media and computer peripherals

Founded 1969, acquired by Mitsubishi in 1990. Markets storage media and memory products, and computer peripheral equipment.

Company Ownership

Verbatim Americas LLC   USA     website   email   facebook   twitter
  Mitsubishi Chemical Holdings Corporation   
   owns 100% of Verbatim Americas LLC  
JPN     website   email      

Performance products, health care & industrial materials

Formed in October 2005 from the merger of Mitsubishi Chemical Corporation and Mitsubishi Pharma Corporation. It is a Kaiteki company where everyone undertakes activities aimed at resolving environmental and social issues. It has 5 segments which are Electronics Applications, Designed Materials, Health Care, Chemicals and Polymers in 444 affiliate and subsidiary companies. Part of the Mitsubishi keiretsu.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Verbatim Americas LLC
Business Ethics amfori BSCI member
This company is a member of the amfori Business Social Compliance Initiative (BSCI), an industry-driven movement that aims to monitor and assess workplace standards across the global supply chain. Participating companies are expected to follow a code of conduct which has 11 principles including no bonded labour, no child labour, fair renumeration, decent working hours and ethical business behavior.
Source: amfori (2023)
Mitsubishi Chemical Holdings Corporation
Environment CDP Climate Change Score of A-
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of A-.
Source: CDP (2022)
Social CDP Water Security Score of A-
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security Score of A-.
Source: CDP (2022)
Business Ethics 79/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 79/100 in the Chemicals 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 1.8% in Newsweek Green Ranking 2017
This company received a score of 1.8/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
Source: Newsweek (2017)
Environment Single-use plastic waste producer
This company is the world's 31th largest producer of single-use plastic waste, according to Minderoo Foundation's 2021 Plastic Waste Makers Index. In 2019, just 20 polymer producers accounted for more than half of all single-use plastic waste generated globally, and the top 100 accounted for 90 per cent. Plastic pollution is one of the biggest, most urgent threats facing our planet and our health.
Source: Minderoo Foundation (2021)
Business Ethics Sustainability claims
This company has sustainability claims on its website in the areas of: reducing environmental impact through products and services; taking actions against the depletion of natural resources and implement energy-saving initiatives; and contributing to solving social and environmental issues through supply chain management


Source: company website (2015)
Business Ethics Circular Economy 100 member
This company is a member of the Circular Economy 100 (CE100) Network, a multi-stakeholder platform run by the Ellen MacArthur Foundation. The CE100 is the world's leading circular economy network, and facilitates market making by providing collaborative and pre-competitive opportunities which bring together business, innovators, cities and governments, universities, and thought leaders.
Source: Ellen MacArthur Foundation (2019)
Business Ethics Alliance to End Plastic Waste member
This company is a member of the Alliance to End Plastic Waste which aims to eliminate plastic waste in the environment.
Source: Alliance to End Plastic Waste (2019)

> About the Icons

Company Details

Type Wholly-owned subsidiary
Subsidiaries Verbatim Australia Pty Ltd 

Data storage technology, lighting products

Established 1980 by Verbatim Corporation, Inc which was bought by Mitsubishi in 1990. Verbatim Australia now markets LED and OLED lighting products as well as data storage technology.

Contact Details

Address Charlotte, North Carolina, USA
Website www.verbatim.com

Products / Brands

Verbatim Australia
Verbatim Storage Media


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