Marmot
Outdoor equipment and apparel
Founded in USA in 1974 and bought by K2 Sports in 2004, which became part of Newell Brands in 2016. In 2017 Newell sold K2 Sports to Kohlberg & Company, but kept Marmot.

Overall

Owned USA
Rating F
About the Ratings

Company Ownership

Marmot Mountain LLC
USA
Newell Brands Inc
owns 100% of Marmot Mountain LLC
USA
Consumer goods
Global consumer goods company founded in 1903. Owns well-known brands in the areas of writing, outdoor solutions, home appliances, baby care and more. Acquired Jarden in 2015 and changed its name to Newell Brands (formerly Newell Rubbermaid).

Company Assessment

(Last updated Mar 2024)
Marmot Mountain LLC
Information
Use of RDS-certified down
This company has committed to making products with RDS-certified down. The Responsible Down Standard (RDS) is an independent, voluntary global standard which ensures that down and feathers come from ducks and geese that have been treated well, with no live plucking or force feeding. However the RDS has been criticised by PETA, who claim live plucking still occurs at RDS farms. (https://bit.ly/3TAiNB6)
Source: RDS (2022)
EOCA member
This company is a member of the European Outdoor Conservation Association, a non-profit charitable organisation which supports conservation work by raising funds from within the European Outdoor sector and promoting care and respect for wild places.
Source: EOCA (2021)
Sustainable Apparel Coalition member
This company is a founding member of the Sustainable Apparel Coalition, a multi-stakeholder initiative launched in March 2011 by a group of global apparel and footwear companies and non-profit organizations (representing nearly one third of the global market share for apparel and footwear). The Coalition's goals are to reduce the apparel industry's environmental and social impact, and to develop a universal index to measure environmental and social performance of apparel products.
Green Outdoor Gear profile
Cam Walker from Friends of the Earth Melbourne has created a website which profiles outdoor gear companies and rates them according to a range of sustainability criteria. Follow the link to see this company's profile.
Newell Brands Inc
Praise
85.1/100 in Newsweek rankings
America's Most Responsible Companies 2022 by Newsweek and Statista recognises the Top 500 most responsible companies in the United States. Companies were evaluated in three areas: environmental (waste, energy use, etc.), social (leadership diversity, employees and philanthropy) and governance (transparency and economic performance). This company received a total score of 85.1/100, ranking 6th in the Consumer Goods sector, and 50th overall.
100% on Corporate Equality Index
This company is listed as having best practice on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
Criticism
32.8% 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 32.8% (Weak).
CDP Climate Change score of D
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 D.
Source: CDP (2023)
D grade in Plastic Promises Scorecard
As You Sow's 2024 Plastic Promises Scorecard measures the corporate ambition and action of 225 large companies across six industries on six core pillars of plastic packaging pollution prevention: 1) Recyclability, 2) Reduction, 3) Recycled Content, 4) Recovery, 5) Reuse, and 6) Producer Responsibility. This company received a grade of D.
22/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 22/100 in the Household Durables 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.
CEO Pay Ratio of 274:1
In 2022 the median pay for a worker at this company was US$37,644. The CEO was paid 274 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.
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 640th of 937 companies, and 10th of 16 Household & Leisure Goods companies.
Information
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, Michael Polk came in at number 38 on the list, having been paid US$15,547,207 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."
Corporate responsibility claims
This company has corporate responsibility claims on its website including efforts in the the areas of philanthropy and reductions in water and energy consumption.
How2Recycle member
This company is a member of How2Recycle. The How2Recycle Label is a voluntary, standardized labeling system that clearly communicates recycling instructions to the public. It involves a coalition of forward thinking brands who want their packaging to be recycled and are empowering consumers through smart packaging labels. Companies must be a member of the program to use the How2Recycle Label.
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)
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.
CDP Water Security score of C-
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security score of C-.
Source: CDP (2023)
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.
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Company Details

Type:
Wholly-owned subsidiary
Founded:
1974

Contact Details

Address:
Santa Rosa, California, USA
Website:
www.marmot.com

Products / Brands

Marmot
Marmot Outdoor Wear