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Spectrum Brands Australia

OVERALL

Owned
USA
Rating
Criticisms

Consumer products distributor

Company Ownership

Spectrum Brands Australia Pty Ltd   AUS     website   email      
  Spectrum Brands Inc   
   owns 100% of Spectrum Brands Australia Pty Ltd  
USA     website         

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.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Spectrum Brands Australia Pty Ltd
Environment APCO member
Australian Packaging Covenant Organisation (APCO) is a not-for-profit organisation leading the development of a circular economy for packaging in Australia. Each year, APCO Members are required to submit an APCO Annual Report and Action Plan, which includes an overall performance level from 1 (Getting Started) to 5 (Beyond Best Practice). This company received a packaging performance level of 2 (Good Progress) in its 2022 APCO Annual Report.
Source: APCO (2022)
Spectrum Brands Inc
Environment CDP Climate Change Score of B
In 2021, 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 B.
Source: CDP (2021)
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 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 18/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 18/100 in the Household Products category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 21 Oct 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)
Business Ethics 43.2/125 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 677th of 951 companies, and 8th of 10 Personal Products companies.
Source: JUST Capital (2023)
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)
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 (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)
Business Ethics 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)
Business Ethics 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)

> About the Icons

Company Details

Type Wholly-owned subsidiary

Contact Details

Address Chifley Business Park, 1 Chifley Drive, Mentone, Vic, 3194, Australia
Phone 03 8551 5000
Freecall 1800 623 118
Email info@spectrumbrands.com.au
Website www.spectrumbrands.com.au

Products / Brands

Spectrum Brands Australia
Remington Shavers
Russell Hobbs Small Kitchen Appliances
Russell Hobbs Irons


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