GPS technology wholesaler
Company Ownership
Garmin Australasia Pty Ltd
AUS
Garmin Ltd
owns 100% of Garmin Australasia Pty Ltd
SWI
GPS technology
Founded Global Positioning System technology in 1989 and are a world leader in satellite navigation for marine, outdoor, fitness, automobile and aviation markets. Have sold 126 million GPS devices as of May 2014.
Company Assessment
(Last updated Sep 2024)
Praise
Criticism
Information
Garmin Australasia Pty Ltd
Praise
Criticism
Information
3/5 for packaging performance
This company received a packaging performance level of 3 (Advanced) in its 2024 APCO Annual Report. Australian Packaging Covenant Organisation (APCO) is a not-for-profit organisation leading the development of a circular economy for packaging in Australia. Each year, APCO Members are required to submit an APCO Annual Report and Action Plan, which includes an overall performance level from 1 (Getting Started) to 5 (Beyond Best Practice).
Source: APCO
(2024)
Misleading representations
In 2019 three manufacturers of consumer GPS navigation products, including this company, agreed to stop using 'lifetime' claims in their advertising of navigation services after the ACCC raised concerns these statements were potentially false, misleading or deceptive.
Source: ACCC
(2019)
Garmin Ltd
Praise
Criticism
Information
30.6% 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 30.6% (Weak).
Source: As You Sow
(2019)
19/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 19/100 in the Leisure Equipment & Products and Consumer Electronics 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.
Source: S&P Global
(2022)
Repairability of devices
Engineers from ifixit.com disassembled and analysed a range of consumer electronics products, awarding each a repairability score between one and ten. Ten is the easiest to repair. A device with a perfect score will be relatively inexpensive to repair because it is easy to disassemble and has a service manual available. Each device is scored based on how difficult and time-consuming it is to disassemble and reassemble the product to fix or replace critical components. Points are docked where proprietary tools are needed, and points are awarded for comprehensive service manuals and wide availability of parts. Smartwatches released by this company in 2022 scored 3 points out of 10.
Source: iFixit
(2022)
CEO Pay Ratio of 115:1
In 2022 the median pay for a worker at this company was US$39,950. The CEO was paid 115 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)
B grade at Behind the Barcode
B grade in the Baptist World Aid Australia's Behind the Barcode 'Ethical Electronics Guide 2016', which grades companies on their efforts to mitigate the risks of forced labour, child labour and worker exploitation throughout their supply chains. Assessment criteria fall into four main categories: policies, traceability & transparency, monitoring & training and worker rights. [Listed under Information due to age of report]
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)
Social responsibility claims
This company has social responsibility claims on its website under the headings product design, recycling and human rights.
Source: company website
(2020)
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)
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 476th of 937 companies, and 6th of 16 Household & Leisure Goods companies.
Source: JUST Capital
(2024)
Company Details
Type:
Wholly-owned subsidiary
Revenue:
88.7 million USD
(2013)
Employees:
80
(2013)
Contact Details
Address:
Unit 19, 167 Prospect Hwy, Seven Hills, NSW, 2147, Australia
Freecall:
1800 235 822
Website:
Products / Brands
Garmin Australasia
Garmin
GPS
Garmin
Smartwatches