Consumer products
Main product divisions are pet care, hardware & home improvement, home & garden, and home & personal care. Sold their battery and auto care divisions to Energizer in 2018.
Company Assessment
(Last updated Mar 2024)
Praise
Criticism
Information
Spectrum Brands Inc
Praise
Criticism
Information
CDP Climate Change score of B-
In 2023, 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
(2023)
18/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 18/100 in the Household Products category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 21 Oct 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.
Source: S&P Global
(2022)
CEO Pay Ratio of 445:1
In 2022 the median pay for a worker at this company was US$19,342. The CEO was paid 445 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
(2023)
JUST Capital ranking
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 731st of 937 companies, and 8th of 10 Personal Products companies.
Source: JUST Capital
(2024)
Workers rights in China
This 2016 investigative report by China Labour Watch reveals labor abuses in five Chinese cookware factories. One or more of these factories supply this company. Labor abuses include low wages, excessive overtime,, dangerous work environments and humiliating living conditions. [Listed under Information due to age of report]
Source: China Labor Watch
(2016)
3.3% in Newsweek Green Ranking 2017
This company received a score of 3.3/100 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)
Sustainability Consortium member
This company is a member of The Sustainability Consortium, an organization of diverse global participants that work collaboratively to build a scientific foundation that drives innovation to improve consumer product sustainability. They develop transparent methodologies, tools, and strategies to drive a new generation of products and supply networks that address environmental, social, and economic imperatives.
Source: Sustainability Consortium
(2019)
amfori BSCI member
This company is a member of the amfori Business Social Compliance Initiative (BSCI), an industry-driven movement that aims to monitor and assess workplace standards across the global supply chain. Participating companies are expected to follow a code of conduct which has 11 principles including no bonded labour, no child labour, fair renumeration, decent working hours and ethical business behavior.
Source: amfori
(2023)
Guide to Healthy Cleaning grade (C-F)
EWG's Guide to Healthy Cleaning provides safety ratings for household cleaning products, with over 2,500 products rated from A (lowest concern) to F (highest concern). This company's score range is C to D.
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: company website
(2016)
Use of nanotechnology
This company uses nano-silver in some of its personal grooming products (i.e. Remington electric shavers).
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)
Company Details
Type:
Public company
Founded:
1906
Revenue:
3.8 billion USD
(2019)
Employees:
17,113
(2017)
Subsidiaries:
Contact Details
Products / Brands
Spectrum Brands Australia
Remington
Shavers
Russell Hobbs
Irons
Russell Hobbs
Small Kitchen Appliances
Russell Hobbs
Microwaves