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McCormick

OVERALL

Owned
USA
Rating
Criticism, some praise

Herbs & spices maker

World's #1 spice maker.

McCormick & Co. Inc   USA     website   email      

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
McCormick & Co. Inc
Business Ethics 67.8% in Newsweek Green Rankings 2016
This company received a score of 67.8/100 in the Newsweek Green Rankings 2016, 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 (2016)
Business Ethics Global 100
The 2020 Global 100 Most Sustainable Corporations in the World list is an extensive data-driven corporate sustainability assessment. The ranked companies are leaders in the field of a sustainable business approach. The efficiency of a company's energy, water, CO2 and waste management is measured in relation to its total sales volume. The disclosure of that information is a pre-condition for the assessment. Of the 295 companies in its peer group, this company ranked #1.
Source: Corporate Knights (2020)
Business Ethics 59% 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 182th of 928 companies, and 7th of 35 Food, Beverage & Tobacco companies.
Source: JUST Capital (2020)
Social Human Rights Benchmark
The 2019 Corporate Human Rights Benchmark assessed 200 of the largest publicly traded companies in the world from the Agricultural Products, Apparel, Extractives and ICT Manufacturing sectors on 100 human rights indicators. This company's score was in the 0-10 band range. The overall average score was a disappointing 24%.
Source: CHRB (2019)
Environment CDP Forests Score of D
In 2019, 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 D.
Source: CDP (2019)
Business Ethics 24/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 24/100 in the Banks category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. 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 (2019)
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: EWG (2015)
Environment 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 (2019)
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 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 CDP Water Security Score of C
In 2019, 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 (2019)
Business Ethics 57/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 57/100 in the Food Products category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. 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 (2019)

> About the Icons

Company Details

Type Public company
Revenue US$4.1 billion in 2013
Employees 10,000 in 2013
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 Sparks, 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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