Footwear manufacturer and retailer
Founded in 2006 by Blake Mycoskie with a commitment to donating one free product to a child in need for each sold product in the 'One to One' program, starting with shoes then eyewear and coffee. Bain Capital LLC acquired 50% of the company in a leveraged buy out in October 2014 with Blake Mycoskie retaining the other 50%. Their shoes are made in China, Ethiopia and Argentina.
|TOMS Shoes, LLC||USA||website|
| Bain Capital LP
owns 50% of TOMS Shoes, LLC
|TOMS Shoes, LLC|
Certified B Corporations use the power of business to solve social and environmental problems. B Corps meet comprehensive and transparent social and environmental performance standards; meet higher legal accountability standards; and build business constituency for good business.
[Source 2019][More on Governance]
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 company's 'Buy one, give one' model has been criticised as it does nothing to treat root cause of poverty and could reduce demand for locally made products. TOMS shoes often turn up for sale in markets in the countries where they are donated.
[Source 2013][More on Human Rights]
This company has a number of corporate responsibility claims on its website, with a focus on the environmental and social impacts of their products and operations, responsible giving and employee life.
[Source 2016][More on Sustainability Reporting]
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
[Source 2016][More on Human Rights]
|Bain Capital LP|
This 2012 report by the Institute for Global Labour and Human Rights reveals how Bain Capital owned Sensata Technologies pays their young women workers in China just 99 cents to $1.35 an hour to work 12-hour shifts, seven days a week. These workers have no freedom of religion, no freedom of speech, no political freedoms and no right to the International Labor Organization's internationally recognized labor rights standards. [Listed under Information due to age of report]
[Source 2012][More on Workers Rights]
This company claims on its website to support charities and not-for-profit organisations through its Bain Capital Community Partnership program.
[Source 2016][More on Finance]
Mitt Romney, US presidential candidate in 2012, was head of this company when fraud was committed. When the fraud was reported to the US Department of Justice (2001), he 'retroactively retired'(1999) to conceal his involvement and avoid investigation. President George W. Bush's appointment of a lawyer from this company's secret law firm as a US Attorney guaranteed Romney would not be investigated despite public docket records, FEC and SEC filings showing that he profited from corruption, fraud and racketeering.
[Source 2012][More on Finance]
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.
|Company Structure||Private company|
|Revenue||US$392m in 2015|
|Address||Los Angeles, California, USA|