Verbatim
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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 | ||||
Mitsubishi Chemical Holdings Corporation ![]() owns 100% of Verbatim Americas LLC |
JPN | website | ||||
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. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Verbatim Americas LLC | ||||
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) |
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Mitsubishi Chemical Holdings Corporation | ||||
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)
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)
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) |
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) |
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)
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)
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) |
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 |