McCormick & Co. Inc
NYSE : MKC
2022 Food & Beverage
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Company Ranking
41 out of60 Companies
Company Score
SUMMARY
McCormick & Co Inc (McCormick), a US food company that manufactures and distributes spices, seasonings, and condiments, ranks 40 out of 60 companies. Since 2020, the company improved by disclosing a strengthened supplier code with a more robust provision on freedom of association and collective bargaining and requiring suppliers to establish grievance mechanisms for workers. However, the company did not improve across other themes; as such, its rank has dropped by 6 places. The company’s score is based on its disclosure of a supplier code of conduct addressing all five ILO core labour standards, including forced labour, a grievance mechanism available to workers in the first tier of its supply chain, and some information on its process to monitor suppliers’ compliance with standards.
The company is encouraged to improve its performance and disclosure on the themes of Commitment & Governance, Traceability & Risk Assessment, and Recruitment.
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SCORE HISTORY
THEME & indicator score
The benchmark methodology has seven themes, selected to capture the key areas where companies need to take action to eradicate forced labour from their supply chains. The themes are comprised of a total of 12 key indicators. For each indicator, a company can score a total of 100 points.
Commitment and Governance
Supplier Code of Conduct and Capacity Building | 34 / 100 |
Management and Accountability | 17 / 100 |
Traceability and Risk Assessment
Traceability and Supply Chain Transparency | 0/100 |
Risk Assessment | 0 / 100 |
Data on Supply Chain Risks | 0 / 100 |
Purchasing Practices
Purchasing Practices | 0 / 100 |
Recruitment
Recruitment Fees | 0 / 100 |
Monitoring and Responsible Recruitment | 0 / 100 |
Worker Voice
Freedom of Association | 0 / 100 |
Grievance Mechanism | 10 / 100 |
Monitoring
Monitoring Process | 10 / 100 |
Remedy
Remedy Programs | 0 / 100 |