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K2 Sports

OVERALL

Owned
USA
Rating
Criticisms

Sporting goods

Pioneered fiberglass ski technology. Acquired by Jarden in 2007.

Company Ownership

K2 Inc   USA     website         
  Jarden Corporation   
   owns 100% of K2 Inc  
USA     website         

Consumer products

Makers of a diverse set of branded consumer products, for inside and outside the home. Acquired by Newell Brands in 2015.

      Newell Brands Inc   
       owns 100% of Jarden Corporation  
USA     website   email   facebook   twitter

Consumer goods

Global consumer goods company founded in 1903. Owns well-known brands in the areas of writing, outdoor solutions, tools, baby care and more. Acquired Jarden in 2015 and changed its name to Newell Brands (formerly Newell Rubbermaid).

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
K2 Inc
No assessment data currently available for K2 Inc
Jarden Corporation
Business Ethics 31.5% in Newsweek Green Rankings 2016
This company received a score of 31.5/100 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)
Social SB 657 disclosure statement
The California Transparency in Supply Chains Act of 2010 (SB 657) requires companies operating in California to disclose their efforts to eradicate slavery and human trafficking from their direct supply chains. Follow the link to see this company's disclosure statement.
Source: company website (2013)
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)
Newell Brands Inc
Social 32.8% in conflict minerals rankings
As You Sow's 2019 report, Mining the Disclosures, is a deep analysis of 215 companies' human rights performance in relation to sourcing conflict minerals from the Democratic Republic of the Congo (DRC). This company's score was 32.8% (Weak).
Source: As You Sow (2019)
Business Ethics 22.9% in Newsweek Green Ranking 2017
This company received a score of 22.9/100 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 13/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 13/100 in the Household Durables 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)
Environment CDP Climate Change Score of D
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 D.
Source: CDP (2019)
Social CDP Water Security Score of D-
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 D-.
Source: CDP (2019)
Business Ethics CEO Pay Ratio of 272:1
In 2019 the median pay for a worker at this company was US$31,704. The CEO was paid 272 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 46% 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 561th of 928 companies, and 17th of 38 Household Goods & Apparel companies.
Source: JUST Capital (2020)
Business Ethics Excessive CEO pay
As You Sow's 2020 report, 'The 100 Most Overpaid CEOs', reveals the 100 most overpaid CEOs from USA's 500 largest public companies (as determined by the S&P 500 list). This company's CEO, Michael Polk came in at number 38 on the list, having been paid US$15,547,207 in 2019. According to the report, "Most CEOs have come to be grossly overpaid, and that overpayment is harmful to the companies, the shareholders, the customers, the other employees, the economy, and society as a whole."
Source: As You Sow (2020)
Business Ethics Corporate responsibility claims
This company has corporate responsibility claims on its website including efforts in the the areas of philanthropy and reductions in water and energy consumption.
Source: company website (2016)
Business Ethics Responsible Minerals Initiative member
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)
Business Ethics How2Recycle member
This company is a member of How2Recycle. The How2Recycle Label is a voluntary, standardized labeling system that clearly communicates recycling instructions to the public. It involves a coalition of forward thinking brands who want their packaging to be recycled and are empowering consumers through smart packaging labels. Companies must be a member of the program to use the How2Recycle Label.
Source: How2Recycle (2020)
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)

> About the Icons

Company Details

Type Wholly-owned subsidiary
Employees 5,000
Subsidiaries Marmot Mountain LLC 

Outdoor equipment and apparel

Founded in USA in 1973 and bought by K2 in 2004.

Contact Details

Address Carlsbad, California, USA
Website www.k2sports.com

Products / Brands

Marmot
Marmot Outdoor Wear


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