Small appliance manufacturer
World's largest cookware manufacturer. Much of their production is done in China.
Company Assessment
(Last updated Mar 2024)
Praise
Criticism
Information
SEB SA
Praise
Criticism
Information
CDP Climate Change score of A-
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 A-.
Source: CDP
(2023)
65/100 in TIME rankings
World's Most Sustainable Companies of 2024 by TIME and Statista recognises the Top 500 most sustainable companies in the world. From a selection of 5,000 of the world's largest companies, non-sustainable businesses were excluded, and the remaining companies were rated on Commitment & Ratings, Reporting & Transparency, and Environmental & Social Stewardship. This company received a total score of 64.8/100, ranking 190th overall.
Source: TIME
(2024)
31/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 31/100 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.
Source: S&P Global
(2022)
Lawsuit over toxic chemicals
In 2020 this company's USA subsidiary settled a lawsuit with Consumer Advocacy Group (CAG), over alleged violations of the California Safe Drinking Water and Toxic Enforcement Act. SEB agreed to reformulate some products, and paid $64,000 in civil payments and CAG's legal fess. CAG is a California-based entity that seeks to promote awareness of exposures to toxic chemicals and improve human health by reducing or eliminating hazardous substances contained in consumer and industrial products.
Climate action commitments
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
Source: We Mean Business
(2021)
Social responsibility claims
This company has socially responsible claims on its website including a global social protection floor, sustainable innovation and climate action.
Source: company website
(2020)
Company Details
Type:
Public company
Founded:
1857
Revenue:
7.35 billion EUR
(2019)
Employees:
25,985
(2017)
Subsidiaries:
Contact Details
Products / Brands
Groupe SEB Australia
Tefal
Irons
Tefal
Small Kitchen Appliances