Duracell
Battery manufacturer
Formerly owned by Procter & Gamble. Acquired by Berkshire Hathaway in late 2014.

Overall

Owned USA
Rating F
About the Ratings

Company Ownership

Duracell Inc
USA
Berkshire Hathaway Inc
owns 100% of Duracell Inc
USA
Conglomerate
The world's 3rd richest man, Warren Buffett, owns about a quarter of the company. Berkshire Hathaway owns stakes of $1 billion or more in many companies including American Express, The Coca-Cola Company, Procter & Gamble, Sanofi, Wells Fargo, and IBM. Acquired half of Heinz in 2013.

Company Assessment

(Last updated Jul 2024)
Duracell Inc
No assessment data currently available for Duracell Inc.
Berkshire Hathaway Inc
Criticism
0% 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 financial institution received a score of 0%.
Insuring fossil fuels
The Insure Our Future campaign by a group of NGOs has ranked the world's leading insurance companies on fossil fuel insurance, fossil fuel divestment, and other climate leadership. This company was among the worst performers.
0/18 in Net Zero scorecard
As You Sow's 2022 report, 'Road to Zero Emissions', assessed the progress of 55 of the largest U.S. corporations in reducing greenhouse gas (GHG) emissions in line with the Paris Agreement's objective of limiting global average temperature rise to 1.5 degrees Celsius above pre-industrial levels, which requires achieving "net zero" emissions by 2050. Companies are graded on: climate related disclosures; GHG reduction targets, and GHG reductions. This company received an Overall Net Zero grade of F.
23.9% 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 23.9% (Weak).
2.5/20 in Social Benchmark
The 2024 Social Benchmark assesses the world's 2,000 most influential companies on their responsibility in meeting society's fundamental expectations towards three measurement areas: respecting human rights, providing decent work, and acting ethically. This company was assessed in 2022 and received a score of 2.5/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
Bottom 10% at JUST Capital
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2024 rankings the public identified 20 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 in the Bottom 10% of 937 companies, and 10th of 12 Consumer & Diversified Finance companies.
Blocking climate action
InfluenceMap's 2021 Climate Policy Footprint report identifies the world's most obstructive corporate and industry association holding back Paris Agreement-aligned climate policy. This company is named in the report as one of the 25 most negatively influential corporations. "Very significant economic clout. Supporting long-term role for coal in the energy mix, senior executives appear to have questioned consensus around climate change science."
12/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 12/100 in the Diversified Financial Services and Capital Markets category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 23 Sep 2022). 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.
3.8% in Financial System Benchmark
The 2022 Financial System Benchmark ranks 400 financial institutions across three measurement areas: governance and strategy, respecting planetary boundaries (environment, climate and biodiversity) and adhering to societal conventions (human rights). This company ranked #291/400, with a total score of 3.8/100.
0.3% in Sustainable Cotton Ranking
The 2020 Sustainable Cotton Ranking, published by WWF, Solidaridad and the Pesticide Action Network UK analysed the 77 largest cotton users among international apparel brands and retailers, reviewing their policies, actual uptake of more sustainable cotton and transparency in their supply chains. According to the report, this company is "not yet started" with a score of 0.3%. The average score was 18.2% and the highest score was 79.2%.
Information
Involvement with coal
This company's 90% owned subsidiary, Berkshire Hathaway Energy, is involved in the production of coal or coal-based energy.
Human Rights
This 2009 report by the International Labor Rights Forum outlines several areas in which Berkshire Hathaway faces significant environmental, labor rights and human rights issues. [Listed under information due to age of report]
Source: ILRF (2009)
20% on Corporate Equality Index
This company has the low score of 20% on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
Involvement with prisons
As documented by the Project of the American Friends Service Committee (AFSC), this company is involved in the USA prison industry. Its subsidiary Shaw Industries uses prison labor. Other subsidiaries provide equipment, utilities, and uniforms to prisons and jails.
Source: AFSC (2021)
0.0% in Newsweek Green Ranking 2017
This company received a score of 0/100 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.
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.

Company Details

Type:
Wholly-owned subsidiary
Employees:
2,700 (2015)

Contact Details

Address:
Bethel, Connecticut, USA
Website:
www.duracell.com

Products / Brands

Duracell
Duracell Batteries