Esselte
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OVERALL |
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Owned |
USA |
Rating |
N/A |
Office supplies
Founded in 1913, Esselte was controlled by private equity firm JW Childs from 2002 until 2016 when it sold the business to ACCO Brands for US$333m.
Company Ownership
Esselte Group Holdings AB | SWE | website | ||||
ACCO Brands Corporation
owns 100% of Esselte Group Holdings AB |
USA | website | ||||
Office supplies One of the world's largest suppliers of branded office products, with operations in over 100 countries across the globe. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Esselte Group Holdings AB | ||||
No assessment data currently available for Esselte Group Holdings AB | ||||
ACCO Brands Corporation | ||||
This company received an S&P Global ESG Score of 17/100 in the Commercial Services & Supplies category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 7 Feb 2021). 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 (2021) |
In 2022 the median pay for a worker at this company was US$42,877. The CEO was paid 123 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 (2023)
This company has a number of publicly available corporate governance documents on its website including a Supplier Code of Conduct and a Conflict Minerals Policy.
Source: company website (2017)
This company has sustainability claims on its website in the areas of social responsibility, environmental responsibility and product safety and compliance.
Source: company website (2017)
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)
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 (2021) |
Company Details
Type | Wholly-owned subsidiary |
Subsidiaries | Isaberg Rapid AB
Office supplies, especially staplers Acquired by Esselte in 2010, which was acquired by ACCO Brands in 2016. |
Contact Details
Address | Solna, Sweden |
Website | www.esselte.com |