Small appliance manufacturer
World's largest cookware manufacturer. Much of their production is done in China.
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 A-.
Source: CDP (2020)
This company received an S&P Global ESG Score of 26/100 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 2020 this company's USA subsidiary settled a lawsuit with Consumer Advocacy Group (CAG), over alleged violations of the California Safe Drinking Water and Toxic Enforcement Act. SEB agreed to reformulate some products, and paid $64,000 in civil payments and CAG's legal fess. CAG is a California-based entity that seeks to promote awareness of exposures to toxic chemicals and improve human health by reducing or eliminating hazardous substances contained in consumer and industrial products.
Source: California Dept of Justice (2020)
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
Source: We Mean Business (2017)
This company has socially responsible claims on its website including a global social protection floor, sustainable innovation and climate action.
Source: company website (2020)
|Revenue||10.2 billion euros in 2019|
|Employees||25,985 in 2017|
|Subsidiaries||Groupe SEB Australia Pty Ltd|
Products / BrandsGroupe SEB Australia
Tefal Small Kitchen Appliances