Footwear manufacturer
Since Crocs began in 2002, the company has sold over 600 million pairs of shoes in more than 90 countries. Closed its last company-operated manufacturing plants in 2018. Manufacturing is now outsourced.
Company Assessment
(Last updated Mar 2024)
Praise
Criticism
Information
Crocs 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)
Supply chain practices in China
The Green Supply Chain Corporate Information Transparency Index (CITI) evaluates consumer-facing companies that have a sizeable supply chain in China. The evaluation uses government supervision data and public information to assess the environmental management of their supply chains in China. This company received a score of 12.56/100 (retrieved 24 Nov 2023).
Source: IPE
(2023)
21/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 21/100 in the Textiles, Apparel & Luxury Goods 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 309:1
In 2022 the median pay for a worker at this company was US$32,212. The CEO was paid 309 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 683rd of 937 companies, and 10th of 12 Clothing & Accessories companies.
Source: JUST Capital
(2024)
Tax avoidance
This company has been criticised by Ethical Consumer for the likely use of tax avoidance strategies, and for paying its executives excessive amounts of money.
Source: Ethical Consumer
(2020)
2/5 on Good On You
This company owns brands rated 'Not good enough' by Good On You, whose rating system considers the most important social and environmental issues facing the fashion industry to assess a brand's impact on people, the planet and animals.
Source: Good On You
(2022)
FLA report
This 2008 independent external monitoring report from the Fair Labour Association (FLA) reveals how a Crocs supplier in China was noncompliant in almost every area of investigation. Crocs is no longer a member of the FLA.
Source: Fair Labor Association
(2008)
Irresponsible marketing
In 2011 Crocs Inc agreed to pay the US Environmental Protection Agency US$230,000 and modify packaging over unsubstantiated antimicrobial claims.
Source: news article
(2011)
Code of conduct
This company has a publicly available Code of Conduct on its website.
Source: company website
(2020)
Sustainable Apparel Coalition member
This company is a 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.
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
(2020)
Company Details
Type:
Public company
Revenue:
1 billion USD
(2017)
Employees:
4,000+
(2020)
Subsidiaries: