Sistema

OVERALL
Owned	USA
Rating

Food storage containers

Founded in New Zealand in 1987, today their products are sold in 82 countries around the world. Acquired by Newell Brands in 2017.

Company Ownership


Sistema Plastics Ltd	NZL	website	email	facebook
Newell Brands Inc owns 100% of Sistema Plastics Ltd	USA	website	email	facebook	twitter
Consumer goods Global consumer goods company founded in 1903. Owns well-known brands in the areas of writing, outdoor solutions, home appliances, baby care and more. Acquired Jarden in 2015 and changed its name to Newell Brands (formerly Newell Rubbermaid).

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Company Assessment

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INFORMATION

Sistema Plastics Ltd

Toitu carbonreduce certified

This company is a Toitu carbonreduce certified organisation. Toitu helps accurately measure greenhouse gas emissions, and put in place strategies to manage and reduce impacts. Compliance with the programme is independently verified annually to maintain certification.
Source: Toitu (2020)

Climate Leaders Coalition signatory

This company is a signatory to the New Zealand-based Climate Leaders Coalition. Signatories have each committed to measuring, reporting and reducing their emissions, as well as working with their suppliers to reduce their emissions.
Source: Climate Leaders Coalition (2020)

BPA free

According to their website, "All materials used in the manufacture of Sistema products are Bisphenol A free".
Source: company website (2019)

Newell Brands Inc

85.1/100 in Newsweek rankings

America's Most Responsible Companies 2022 by Newsweek and Statista recognises the Top 500 most responsible companies in the United States. Companies were evaluated in three areas: environmental (waste, energy use, etc.), social (leadership diversity, employees and philanthropy) and governance (transparency and economic performance). This company received a total score of 85.1/100, ranking 6th in the Consumer Goods sector, and 50th overall.
Source: Newsweek (2021)

100% on Corporate Equality Index

This company is listed as having best practice on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
Source: Human Rights Campaign (2021)

32.8% 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 32.8% (Weak).
Source: As You Sow (2019)

CDP Climate Change Score of D

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 D.
Source: CDP (2022)

CEO Pay Ratio of 272:1

In 2019 the median pay for a worker at this company was US$31,704. The CEO was paid 272 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)

22/100 S&P Global ESG Score

This company received an S&P Global ESG Score of 22/100 in the Household Durables 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)

42.5/125 at JUST Capital

JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2023 rankings JUST Capital asked a representative sample of 3,002 Americans to compare 20 different business Issues on a head-to-head basis, producing a reliable hierarchy of Issues ranked in order of priority. Issues are organised under the headings Workers, Customers, Communities, the Environment, or Shareholders & Governance. 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 699th of 951 companies, and 12th of 18 Household & Leisure Goods companies.
Source: JUST Capital (2023)

Excessive CEO pay

As You Sow's 2020 report, 'The 100 Most Overpaid CEOs', reveals the 100 most overpaid CEOs from USA's 500 largest public companies (as determined by the S&P 500 list). This company's CEO, Michael Polk came in at number 38 on the list, having been paid US$15,547,207 in 2019. According to the report, "Most CEOs have come to be grossly overpaid, and that overpayment is harmful to the companies, the shareholders, the customers, the other employees, the economy, and society as a whole."
Source: As You Sow (2020)

Corporate responsibility claims

This company has corporate responsibility claims on its website including efforts in the the areas of philanthropy and reductions in water and energy consumption.
Source: company website (2016)

Responsible Minerals Initiative member

This company is a member of the Responsible Minerals Initiative (formerly the Conflict-Free Sourcing Initiative), which helps companies address conflict minerals issues in their supply chains. The RMI provides information on conflict-free smelters and refiners, common tools to gather sourcing information, and forums for exchanging best practices on addressing conflict minerals. Membership is open to companies that use or transact in tantalum, tin, tungsten or gold (3TG). Founded in 2008 by members of the Electronic Industry Citizenship Coalition and the Global e-Sustainability Initiative.
Source: RMI (2019)

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 (2023)

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 (2016)

CDP Water Security Score of C

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 C.
Source: CDP (2022)

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 (2020)

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Company Details

Type	Wholly-owned subsidiary

Contact Details

Address	Auckland, New Zealand
Website	www.sistemaplastics.com

Products / Brands

Sistema

Sistema Food Storage Containers

Sistema

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