McCormick
McCormick is engaged in the manufacturing, marketing and distribution of spices, seasoning mixes, condiments and other products to the food industry, including retailers, food manufacturers and food service businesses. The company offers brands for consumers in approximately 150 countries and territories, with sales, distribution and production facilities located in North America, Europe and China. It markets both global and local brands, including Zatarain's, Stubb's, Thai Kitchen and Simply Asia.
Segment ranking summary
McCormick ranks 41st among its peers in the agricultural products and commodities segment. McCormick’s position reflects its performance against its peers, whereby it discloses good practices on some topics, notably in environment, however it currently lags against its peers on other issues. The company is a leader among its peers in relation to plastic use and reporting on its GHG emissions, though could improve in the environment measurement area more broadly by increasing is disclosure on other topics. Furthermore, while McCormick provides good disclosure on food safety, it lacks commitments to increase the availability, affordability and accessibility of healthy foods, topics its peers have already begun to address. In the social measurement area, McCormick ranks poorly, with a lack of disclosure on key issues such as child and forced labour and land rights as well as efforts to promote and provide decent work for its workers.
Leading practices
Risks and opportunities
Core social indicators
The core social indicators are part of the social inclusion measurement area. These indicators assess societal expectations of business conduct that companies should meet if they aspire to be part of a system transformation that leaves no one behind.
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More about the company
- Headquarters
- Baltimore, Maryland, United States of America
- Food and agriculture revenue USD
- 5,601,300,000
- Group revenue USD
- 5,601,300,000
- Onwnership structure
- Publicly listed
- Number of employees
- 13,000
- Website
- https://www.mccormickcorporation.com
