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Sheridan Australia

OVERALL

Owned
USA
Rating
Praises, some criticism

Textiles, furniture and homewares

Established in 1967. CHAMP Private Equity acquired the company in 2000 and moved production from Australia to China. Pacific Brands took over the company in 2005 and Hanesbrands bought Pacific Brands in 2016, including Sheridan. Added furniture and homewares to its core textiles range in 2017.

Company Ownership

Sheridan Australia Pty Ltd   AUS     website   email   facebook   
  Hanesbrands Inc   
   owns 100% of Sheridan Australia Pty Ltd  
USA     website   email      

Basic apparel

Part of Sara Lee until 2006. Acquired Australia's Pacific Brands in 2016 for AU$1.1 billion, and in 2018 bought Bras N Things for $500 million.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Sheridan Australia Pty Ltd
No assessment data currently available for Sheridan Australia Pty Ltd
Hanesbrands Inc
Environment CDP Climate Change Score of A-
In 2019, 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 (2019)
Social A grade in 2019 Ethical Fashion Report
A grade in the Baptist World Aid Australia's 'Ethical Fashion Report 2019', which grades companies, from A to F, on the strength of their systems to mitigate against the risks of forced labour, child labour and worker exploitation in their supply chains, as well as protect the environment from the harmful impacts of the fashion industry. Assessment criteria fall into five main categories: policies, transparency and traceability, auditing and supplier relationships, worker empowerment and environmental management.
Source: Baptist World Aid Australia (2019)
Social 50/100 in KnowTheChain Benchmark
In 2018 KnowTheChain benchmarked 120 large global companies in the ICT, Food & Beverage, and Apparel & Footwear sectors on their efforts to address forced labour and human trafficking in their supply chains. This company received a score of 50/100.
Source: KnowTheChain (2018)
Social Human Rights Benchmark
The 2019 Corporate Human Rights Benchmark assessed 200 of the largest publicly traded companies in the world from the Agricultural Products, Apparel, Extractives and ICT Manufacturing sectors on 100 human rights indicators. This company's score was in the 50-60 band range. The overall average score was a disappointing 24%.
Source: CHRB (2019)
Social CDP Water Security Score of B-
In 2019, 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 B-.
Source: CDP (2019)
Business Ethics Transparency Pledge
The Apparel and Footwear Supply Chain Transparency Pledge (Transparency Pledge) helps demonstrate apparel and footwear companies' commitment towards greater transparency in their manufacturing supply chain. Transparency of a company's manufacturing supply chain better enables a company to collaborate with civil society in identifying, assessing, and avoiding actual or potential adverse human rights impacts. This is a critical step that strengthens a company's human rights due diligence. This company is fully aligned with the Transparency Pledge, thereby committing to regularly publish on its website a list naming all sites that manufacture its products.
Source: Clean Clothes Campaign (2019)
Business Ethics 39/100 in Fashion Transparency Index
The 2020 Fashion Transparency Index reviewed 250 of the world's largest fashion brands and retailers and ranked them according to how much they disclose about their social and environmental policies, practices and impacts. Brands owned by this company scored 39%, signifying it is publishing suppliers lists as well as detailed information about their policies, procedures, social and environmental goals, supplier assessment and remediation processes, and is more likely to be addressing issues such as living wages and collective bargaining. The average score was 23% and the highest score was 73%.
Source: Fashion Revolution (2020)
Social Workers rights in Honduras
A 2015 report by the US Labor Department named seven manufacturing factories in Honduras it found to have labor rights violations. The report found that workers in Honduras weren't adequately afforded the right to associate, to organize and bargain collectively; the minimum employment age for the employment of children and prohibition of the worst forms of child labor wasn't properly enforced, nor were acceptable working conditions with respect to minimum wages, hours worked and occupational health and safety. Hanesbrands, which operates 11 factories in Honduras, established agreements between management and non-unionized workers, that according to the Office of Trade and Labor Affairs (OTLA), included anti-union clauses and noted dismissals of workers trying to form a union.
Source: Sourcing Journal (2015)
Business Ethics 28.6% in Newsweek Green Ranking 2017
This company received a score of 28.6/100 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)
Social Cotton sourcing (Rank a Brand)
In 2016 Rank a Brand assessed 37 major cotton-using companies on their commitment and performance with regard to sustainable cotton by looking at each company's cotton sourcing policies, use of sustainable cotton, and traceability. This company scored 2/19.5, making it one of the weaker performing companies.
Source: Rank a Brand (2016)
Social 41% in conflict minerals rankings
As You Sow's 2019 report, Mining the Disclosures, is a deep analysis of 215 companies' human rights performance in relation to sourcing conflict minerals from the Democratic Republic of the Congo (DRC). This company's score was 41% (Minimal).
Source: As You Sow (2019)
Business Ethics 23/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 23/100 in the Textiles, Apparel & Luxury Goods category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. 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 (2019)
Business Ethics CEO Pay Ratio of 559:1
In 2019 the median pay for a worker at this company was US$7,076. The CEO was paid 559 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 44% at JUST Capital
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2021 rankings the public identified 19 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. 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 627th of 928 companies, and 20th of 38 Household Goods & Apparel companies.
Source: JUST Capital (2020)
Social Sweatshops in China
This 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: China Labour Watch (2007)
Social Sexual abuse in Jordan
This 2011 report by the Institute for Global Labour and Human Rights reveals how scores of young Sri Lankan women sewing clothing for Walmart and Hanes at a garment factory in Jordan have suffered routine sexual abuse and repeated rapes, and in some cases even torture. In addition to this workers are housed in bed bug infested dorms lacking heat or hot water, and had been routinely beaten, underpaid and forced to work excessive hours.[Listed under Information due to age of report]
Source: Institute for Global Labour and Human Rights (2011)
Social Sweatshops in Jordan
This 2010 investigative report by the Institute for Global Labour & Human Rights reveals systematic gross violations of human and worker rights in Jordanian sweatshops operated by Classic Fashion Apparel. Wal-Mart, Hanesbrands, Macy's, Russell, and Fruit of the Loom are among their customers. [Listed under Information due to age of report]
Source: Institute for Global Labour & Human Rights (2010)
Social Sweatshop Hall of Shame 2010
Named in the International Labor Rights Forum's "Sweatshop Hall of Shame 2010", which highlights apparel and textile companies that use sweatshops in their global production. [Listed under Information due to age or report]
Source: International Labor Rights Forum (2010)
Social Wage theft in Haiti
This 2013 report by the Workers Rights Consortium reveals that the majority of Haitian garment workers are being denied nearly a third of the wages they are legally due as a result of the factories' theft of their income. Wages for garment industry workers in Haiti are already among the lowest in the world. This company was named as being complicit in this wage theft.[Listed under Information due to age of report]
Source: Workers Rights Consortium (2013)
Social Sweatshops in Indonesia, Sri Lanka and the Philippines
This 2011 report by the International Textile Garment and Leather Workers' Federation (ITGLWF) examined working conditions in 83 factories in Indonesia, Sri Lanka and the Philippines. Investigations found that widespread violations and abuses of workers' rights continue to be the norm, such as underpaying workers, long hours, forced overtime, and repression of the freedom of association. This company's brands were found to be made in one or more of the 83 factories covered in the research. [Listed under Information due to age of report]
Source: ITGLWF (2011)
Social FLA Accredited
When joining the Fair Labor Association (FLA) this company committed to promoting and complying with international labor standards throughout their supply chain. The FLA does not accredit the company itself; rather, they accredit the company's labor compliance program. Being granted accreditation implies that their workplace standards program is substantially in compliance with the FLA Code.
Source: Fair Labor Association (2016)
Social Supply chain compliance
This 2010 report by As You Sow, "Toward a Safe, Just Workplace: Apparel Supply Chain Compliance Programs", provides a scorecard and report focus on company programs such as: factory auditing, remediation, continuous improvement, collaboration, company management accountability, and transparency. This company received a B rating. [Listed under Information due to age of report]
Source: As You Sow (2010)
Business Ethics CSR claims
This company has a website dedicated to its extensive corporate responsibility claims covering environmental responsibility, social responsibility, and governance.
Source: company website (2016)
Business Ethics Sustainable Apparel Coalition member
This company is a founding member of the Sustainable Apparel Coalition, a multi-stakeholder initiative launched in March 2011 by a group of global apparel and footwear companies and non-profit organizations (representing nearly one third of the global market share for apparel and footwear). The Coalition's goals are to reduce the apparel industry's environmental and social impact, and to develop a universal index to measure environmental and social performance of apparel products.
Source: Sustainable Apparel Coalition (2020)
Business Ethics Sustainability Consortium member
This company is a member of The Sustainability Consortium, an organization of diverse global participants that work collaboratively to build a scientific foundation that drives innovation to improve consumer product sustainability. They develop transparent methodologies, tools, and strategies to drive a new generation of products and supply networks that address environmental, social, and economic imperatives.
Source: Sustainability Consortium (2019)
Business Ethics How2Recycle member
This company is a member of How2Recycle. The How2Recycle Label is a voluntary, standardized labeling system that clearly communicates recycling instructions to the public. It involves a coalition of forward thinking brands who want their packaging to be recycled and are empowering consumers through smart packaging labels. Companies must be a member of the program to use the How2Recycle Label.
Source: How2Recycle (2020)
Environment CDP Forests Score of C
In 2019, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts towards removing commodity-driven deforestation and forest degradation from its direct operations and supply chains. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Forests Score of C.
Source: CDP (2019)
Social Modern Slavery statement
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: Modern Slavery Registry (2016)
Information OpenSecrets.org profile
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.
Source: Open Secrets (2014)

> About the Icons

Company Details

Type Wholly-owned subsidiary

Contact Details

Address Ultimo, NSW, Australia
Freecall 1800 223 376
Website www.sheridan.com.au

Products / Brands


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