K2 Sports
OVERALL |
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Owned |
USA |
Rating |
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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 | ||||
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). |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
K2 Inc | ||||
No assessment data currently available for K2 Inc | ||||
Jarden Corporation | ||||
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) |
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Newell Brands Inc | ||||
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 85.1/100, ranking 6th in the Consumer Goods sector, and 50th overall.
Source: Newsweek (2021)
This company is listed as having best practice on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
Source: Human Rights Campaign (2021) |
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)
This company received an S&P Global ESG Score of 15/100 in the Household Durables 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 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 D.
Source: CDP (2021)
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)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2022 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 656th of 954 companies, and 22nd of 36 Household Goods & Apparel companies.
Source: JUST Capital (2022) |
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)
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)
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)
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: Modern Slavery Registry (2016)
In 2021, 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 (2021)
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) |
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 |