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Wolverine Worldwide

OVERALL

Owned
USA
Rating
Criticisms

Footwear manufacturer

Makers of Hush Puppies and several other brands of shoe. Their products have been sold in 190 countries. Acquired Collective Brands in 2012.

Wolverine World Wide Inc   USA     website   email      

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Wolverine World Wide Inc
Business Ethics 5/100 in Fashion Transparency Index
The 2022 Fashion Transparency Index reviewed 250 of the world's largest fashion brands and retailers and ranked them according to how much they disclose about their human rights and environmental policies, practices and impacts. Brands owned by this company scored 5%, signifying it has little to no information about their supply chain practices or policies available to the public. The average score was 24% and the highest score was 78%.
Source: Fashion Revolution (2022)
Business Ethics 13/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 13/100 in the Textiles, Apparel & Luxury Goods 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)
Environment 22% in Forest 500 Rankings
Forest 500 identifies the 350 companies and 150 financial institutions with the greatest exposure to tropical deforestation risk, and annually assesses them on the strength and implementation of their deforestation and human rights commitments. This company received a score of 22%.
Source: Forest 500 (2021)
Social 14/100 in 2022 Ethical Fashion Report
Baptist World Aid Australia's '2022 Ethical Fashion Report' assessed 120 companies on their efforts to mitigate against the risks of forced labour, child labour and worker exploitation in their supply chains, as well as protect the environment from the harmful impacts of the fashion industry. Assessment criteria fall into five main categories: policy & governance, tracing & risk, auditing and supplier relationships, worker empowerment and environmental sustainability. This company received a score of 14/100.
Source: Baptist World Aid Australia (2022)
Business Ethics CEO Pay Ratio of 144:1
In 2019 the median pay for a worker at this company was US$65,890. The CEO was paid 144 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 Responsibility claims
This company has corporate responsibility claims on its website in the areas of environmental stewardship, community involvement and social responsibility.
Source: company website (2017)
Business Ethics Sustainable Apparel Coalition member
This company is a member of the Sustainable Apparel Coalition, a multi-stakeholder initiative launched in March 2011 by a group of global apparel and footwear companies and non-profit organizations (representing nearly one third of the global market share for apparel and footwear). The Coalition's goals are to reduce the apparel industry's environmental and social impact, and to develop a universal index to measure environmental and social performance of apparel products.
Source: Sustainable Apparel Coalition (2020)
Business Ethics Leather Working Group member
This company is a member of the Leather Working Group, a multi-stakeholder group who's objective is to develop and maintain a protocol that assesses the compliance and environmental performance of tanners and promotes sustainable and appropriate environmental business practices within the leather industry.
Source: Leather Working Group (2022)
Business Ethics 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 (2020)

> About the Icons

Company Details

Type Public company
Founded 1883
Revenue 1.8 billion USD (2020)
Employees 4,000 (2020)
Subsidiaries Collective Brands Inc 

Footwear and retail

Formed in 2007 when USA's #1 shoe retailer, Payless ShoeSource, acquired the Stride Rite Corporation and Collective Licensing International. The new company was named "Collective Brands". Brands include Keds, Saucony, Sperry Top-Sider, Vision Street Wear, Airwalk. Acquired by Wolverine World Wide in 2012.

Contact Details

Address Rockford, Michigan, USA
Email wwwcommunications@wwwinc.com
Website www.wolverineworldwide.com

Products / Brands

Wolverine Worldwide
Cat Mens Shoes
Cat Work Boots
Chaco Thongs/Sandals
Keds Mens Shoes
Keds Womens Shoes
Merrell Mens Shoes
Merrell Womens Shoes
Merrell Sports Shoes
Saucony Sports Shoes
Sperry Mens Shoes
Sperry Sports Shoes
Sperry Womens Shoes
Wolverine Work Boots


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