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McCormick

OVERALL

Owned
USA
Rating
Praises, some criticism

Herbs & spices maker

One of world's largest spice makers, with sales in more than 160 countries.

McCormick & Company Inc   USA     website   email      twitter

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
McCormick & Company Inc
Business Ethics 83.7/100 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 83.7/100, ranking 12th in the Consumer Goods sector, and 72nd overall.
Source: Newsweek (2021)
Business Ethics 70.7/125 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 57th of 951 companies, and 1st of 31 Food, Beverage & Tobacco companies.
Source: JUST Capital (2023)
Environment CDP Forests Score of B
In 2022, 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 B.
Source: CDP (2022)
Environment CDP Climate Change Score of B
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 B.
Source: CDP (2022)
Social CDP Water Security Score of B
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 B.
Source: CDP (2022)
Business Ethics Global 100
The 2022 Global 100 Most Sustainable Corporations in the World list is based on a rigorous assessment of nearly 7,000 public companies with revenue over US$1 billion. All companies are scored on environmental, social, governance and economic metrics relative to their peers, with 50% of the weight assigned to Clean Revenue and Clean Investment. This company ranked #14 in the Global 100, with an overall score of B+.
Source: Corporate Knights (2022)
Social 9.2% in Human Rights Benchmark
The 2022 Corporate Human Rights Benchmark assessed 127 companies in the food and agriculture, ICT and automotive manufacturing sectors on their human rights performance. This company received a score of 9.2%. The overall average score was a disappointing 17.3% and the highest score was 50.3%.
Source: World Benchmarking Alliance (2022)
Social 11/100 in KnowTheChain Benchmark
In 2020/21 KnowTheChain benchmarked over 180 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 11/100.
Source: KnowTheChain (2021)
Business Ethics CEO Pay Ratio of 404:1
In 2019 the median pay for a worker at this company was US$31,603. The CEO was paid 404 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)
Social BPA use
EWG's 2015 report "BPA in Canned Food" analyzed 252 canned food brands to find out which ones are still using BPA (bisphenol A), a synthetic estrogen found in the epoxy coatings of food cans which has been linked to many health problems. This company was amongst the 'Worst Players' for exclusively using cans with BPA.
Source: Environmental Working Group (2015)
Environment Climate action commitments
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
Source: We Mean Business (2021)
Business Ethics Non-GMO products in USA
This company has products that have been verified as compliant with the Non-GMO Project Standard, North America's only independent verification for products made according to best practices for GMO avoidance.
Source: Non-GMO Project (2021)
Business Ethics Plastics Commitment signatory
This company is a signatory to the New Plastics Economy Global Commitment, whose goal is to eliminate plastic pollution at its source.
Source: New Plastics Economy (2022)
Business Ethics Sustainable Agriculture Initiative member
This company is a member of the Sustainable Agriculture Initiative (SAI) Platform, the main food industry initiative supporting the development of sustainable agriculture worldwide. Created by Nestle, Unilever and Danone in 2002, the SAI Platform is a non-profit organization to facilitate sharing, at precompetitive level, of knowledge and initiatives to support the development and implementation of sustainable agriculture practices involving the different stakeholders of the food chain.
Source: SAI Platform (2019)
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)
Environment C- grade for plastic pollution
As You Sow's 2021 Corporate Plastic Pollution Scorecard ranks companies on plastic packaging pollution. The study measures the progress of 50 large companies in the beverage, quick-service restaurant, consumer packaged goods, and retail sectors on six core pillars where swift action is needed to reduce plastic pollution: 1) Packaging Design, 2) Reusable Packaging, 3) Recycled Content, 4) Public Data Transparency, 5) Support for Recycling, and 6) Producer Responsibility. This company received a grade of C-
Source: As You Sow (2021)
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)
Business Ethics 55/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 55/100 in the Food Products 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)
Business Ethics 25.6% in Food and Agriculture Benchmark
The 2021 Food and Agriculture Benchmark assessed 350 keystone companies across the entirety of the food system, from farm to fork. It covers three dimensions where transformation is needed: nutrition, environment and social inclusion. This company ranked #117/350, with a total score of 25.6/100.
Source: World Benchmarking Alliance (2021)

> About the Icons

Company Details

Type Public company
Founded 1889
Revenue 5.6 billion USD (2020)
Employees 13,000 (2020)
Subsidiaries Botanical Food Company Pty Ltd 

Herbs and spices

Launched in 1999, the company now exports to 15 countries. Acquired by McCormick for $150 million in 2016.


McCormick Foods Australia Pty Ltd 

Food manufacturing

Over 95% of the products sold by McCormick Foods in Australia are now manufactured locally.

Contact Details

Address Hunt Valley , Maryland, USA
Website www.mccormickcorporation.com

Products / Brands

Botanical Food Co
Gourmet Garden Herbs & Spices

McCormick Australia
Aeroplane Jelly
Aeroplane Topping & Syrup
Cake Mate Cake Decorating
Cholula Chilli/Hot Sauce
Dinner Winner Packet Meals
Frank's RedHot Chilli/Hot Sauce
French's Mustard
Keen's Cooking Sauce
Keen's Herbs & Spices
McCormick Herbs & Spices
McCormick Cooking Sauce
McCormick Stock
McCormick Gravy
McCormick Tomato/BBQ Sauce
Rice-a-Riso Packet Meals


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