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Carter's

OVERALL

Owned
USA
Rating
Lesser Praises, No Criticisms

Clothing

Founded in 1865 by William Carter. Acquired competitor OshKosh B'Gosh in 2005.

Carter's Inc   USA     website         

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Carter's Inc
Social Uzbek cotton commitment
This company has signed the Cotton Pledge with the Responsible Sourcing Network, signifying a public commitment to not knowingly source Uzbek cotton for the manufacturing of any of their products until the Government of Uzbekistan ends the practice of forced labor in its cotton sector. The Uzbek government uses local government officials, hospital directors, and school presidents to mobilize workers; and detains and tortures human rights defenders seeking to monitor the harvests.
[Source 2019][More on Human Rights]
Business Ethics Alleged violation of Securities Laws
There is a long term shareholder investigation into Carter's Inc alleging violations of Federal Securities laws by issuing statements that were materially false and misleading in relation to turning around the operations of the acquired company Osh Kosh B'gosh resulting in large write downs and share falls.
[Source 2012][More on Finance]
Business Ethics Fraud and insider trading charges
Former Carter's Inc President and Vice President indicted in federal court on 37 charges of alleged fraud security cover up. The charges carry maximum sentences of up to 25 years in prison and fines up to $US5m. Additional charges of insider trading have also been brought.
[Source 2012][More on Finance]
Business Ethics Transparency Pledge
The Apparel and Footwear Supply Chain Transparency Pledge (Transparency Pledge) helps demonstrate apparel and footwear companies' commitment towards greater transparency in their manufacturing supply chain. Transparency of a company's manufacturing supply chain better enables a company to collaborate with civil society in identifying, assessing, and avoiding actual or potential adverse human rights impacts. This is a critical step that strengthens a company's human rights due diligence. This company has not reponded to a letter by the coalition.
[Source 2017][More on Sustainability Reporting]
Business Ethics Alliance for Bangladesh Worker Safety member
This company is a member of the Alliance for Bangladesh Worker Safety, a legally binding, five-year commitment to improve safety in Bangladeshi ready-made garment factories. The Alliance aims to improve worker safety in the Bangladesh garment industry by upgrading factories, educating workers and management, empowering workers, and building institutions that can enforce and maintain safe working conditions throughout Bangladesh. However it lacks an important enforcement mechanism included in the Accord on Fire and Building Safety in Bangladesh, and unlike the Accord, the Alliance has not received the endorsement of the ILO.
[Source 2016][More on Multi-Stakeholder Initiatives]
Business Ethics Better Work Partner
This company is a partner of Better Work, an initiative of the UN's International Labour Organization and the International Finance Corporation which brings diverse groups together - governments, global brands, factory owners, and unions and workers - to improve working conditions in the garment industry and make the sector more competitive.
[Source 2016][More on Multi-Stakeholder Initiatives]
Social 43/100 in KnowTheChain Benchmark
In 2018 KnowTheChain benchmarked 120 large global companies in the ICT, Food & Beverage, and Apparel & Footwear sectors on their efforts to address forced labour and human trafficking in their supply chains. This company received a score of 43/100.
[Source 2018][More on Workers Rights]
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 2016][More on Human Rights]

> About the Icons

Company Details

Company Structure Public company

Contact Details

Address Atlanta, Georgia, USA
Website www.carters.com

Products / Brands

Carter's
Osh Kosh Childrenswear
Osh Kosh Babywear


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