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Spectrum Brands

OVERALL

Owned
USA
Rating
Criticisms

Consumer products

Main product divisions are pet care, hardware & home improvement, home & garden, and home & personal care. Sold their battery and auto care divisions to Energizer in 2018.

Spectrum Brands Inc   USA     website         

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Spectrum Brands Inc
Business Ethics 3.3% in Newsweek Green Ranking 2017
This company received a score of 3.3/100 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)
Business Ethics CEO Pay Ratio of 1,731:1
In 2019 the median pay for a worker at this company was US$11,371. The CEO was paid 1,731 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 Bottom 10% 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 Bottom 10% of 928 companies, and 10th of 10 Personal Products companies.
Source: JUST Capital (2020)
Business Ethics Tax avoidance
This company scores Ethical Consumer's worst rating for the likely use of tax avoidance strategies, and has at least two high risk subsidiaries in tax havens.
Source: Ethical Consumer (2018)
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)
Environment CDP Climate Change Score of C
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 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)
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 D.
Source: Environmental Working Group (2020)
Information Use of nanotechnology
This company uses nano-silver in some of its personal grooming products (i.e. Remington electric shavers).
Source: Project on Emerging Nanotechnologies (2011)
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 Public company
Founded 1906
Revenue US$5 billion in 2017
Employees 17,113 in 2017
Subsidiaries Spectrum Brands Australia Pty Ltd 

Consumer products distributor

Contact Details

Address Middleton, Wisconsin, USA
Website www.spectrumbrands.com

Products / Brands

Spectrum Brands Australia
Remington Shavers


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