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WD-40 Company

OVERALL

Owned
USA
Rating
Criticism, some praise

Lubricants and cleaning products

Founded in 1953. WD-40 stands for "Water Displacement, 40th formula".

WD-40 Company   USA     website   email   facebook   

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
WD-40 Company
Environment Unsustainable palm oil use
This company scores Ethical Consumer's worst rating for their use of palm oil, signifying they are using no or minimal certified palm products, and with no or minimal positive commitments.
Source: Ethical Consumer (2022)
Social Guide to Healthy Cleaning grade (C-F)
EWG's Guide to Healthy Cleaning provides safety ratings for household cleaning products, with over 2,500 products rated from A (lowest concern) to F (highest concern). This company's score range is C to F, with 59% their products scoring an F.
Source: Environmental Working Group (2020)
Business Ethics Sedex member
This company is a member of the Supplier Ethical Data Exchange (Sedex), a not-for-profit, membership organisation that leads work with buyers and suppliers to deliver improvements in responsible and ethical business practices in global supply chains. Tens of thousands of companies use Sedex to manage their performance around labour rights, health & safety, the environment and business ethics.
Source: Sedex (2018)
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: company website (2017)
Business Ethics CEO Pay Ratio of 34:1
In 2019 the median pay for a worker at this company was US$90,849. The CEO was paid 34 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. A lower pay ratio could indicate a company is dedicated to creating high-wage jobs and investing in their employees for the company's long-term health.
Source: AFL-CIO (2020)

> About the Icons

Company Details

Type Public company
Revenue 380 million USD (2017)
Subsidiaries WD-40 Company (Australia) Pty Ltd 

Lubricants and cleaning products

Australian branch established in 1988. Bought Solvol in 2000.

Contact Details

Address San Diego, California, USA
Website www.wd40company.com

Products / Brands

WD-40 Australia
No Vac Air Fresheners
No Vac Carpet Cleaners
Solvol Soap


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