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Oliver Footwear

OVERALL

Owned
USA
Rating
Criticisms

Boot makers

Founded in Ballarat in 1887. Oliver is part of the KSW Group, the third largest branded safety footwear company in the world. KSW was bought by Honeywell in 2011.

Company Ownership

Oliver Footwear Pty Ltd   AUS     website   email      
  Honeywell Safety Products   
   owns 100% of Oliver Footwear Pty Ltd  
SGP     website   email      

Safety equipment

Bought by Honeywell in 2011.

      Honeywell International Inc   
       owns 100% of Honeywell Safety Products  
USA     website         

Conglomerate

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Oliver Footwear Pty Ltd
No assessment data currently available for Oliver Footwear Pty Ltd
Honeywell Safety Products
No assessment data currently available for Honeywell Safety Products
Honeywell International Inc
Environment CDP Climate Change Score of B
In 2020, 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 B.
Source: CDP (2020)
Social Arms sales
This company is 14rd on SIPRI's list of the Top 100 arms-producing and military services companies in the world (excluding Chinese companies), ranked by their arms sales in 2018. Arms sales accounted for 13% of this company's total sales in 2018.
Source: SIPRI (2018)
Business Ethics Nuclear weapons producer
The 2018 update of the International Campaign to Abolish Nuclear Weapons' (ICAN) global report, "Don't Bank on the Bomb" showed that 329 financial institutions from around the world invested US$525 billion into 20 companies involved in the production, maintenance and modernization of nuclear weapons since January 2014. This company was named as a major producer of nuclear weapons.
Source: ICAN (2018)
Business Ethics 28.8% in Newsweek Green Ranking 2017
This company received a score of 28.8/100 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)
Social 42.8% 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 42.8% (Minimal).
Source: As You Sow (2019)
Business Ethics CEO Pay Ratio of 295:1
In 2019 the median pay for a worker at this company was US$69,513. The CEO was paid 295 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 Political donations
This company is on OpenSecrets.org's list of the 100 top donor organisations in US federal-level politics since 1989. Companies on this list lobby and spend big, with large sums sent to candidates, parties and leadership PACs. This company comes in at number 57 on the list, with donations totalling US$33,382,579 between 1989 and 2018.
Source: Open Secrets (2018)
Business Ethics 22/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 22/100 in the Industrial Conglomerates 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)
Social Prison labour in USA
Major corporations, including this one, use prison labour in the USA, where prisoners are paid slave wages as low as 23 cents an hour doing work which is often dangerous, toxic and unprotected. While much of the work done by prisoners is for the military, other major corporations are taking advantage of the cheap labour in both federal and state US prisons.
Source: Global Research (2013)
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, Darius Adamczyk came in at number 80 on the list, having been paid US$19,246,604 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 Fines for misconduct
This company is listed on the Federal Contractor Misconduct Database as having 41 instances of misconduct since 1995 amounting to US$703 million in penalties.
Source: Project on Government Oversight (POGO) (2014)
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 52.8% 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 327th of 928 companies, and 10th of 37 Industrial Goods companies.
Source: JUST Capital (2020)

> About the Icons

Company Details

Type Wholly-owned subsidiary

Contact Details

Address 2 Prest St, Ballarat, VIC, 3350, Australia
Phone 03 53 200 200
Fax 03 53 200 299
Email info@oliver.com.au
Website www.oliver.com.au

Products / Brands

Oliver Footwear
Oliver Work Boots


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