Speedo & sustainability
How sustainable is Speedo ?
Speedo sustainability score report
Last edited: 17 May 2013 by Mario
Last reviewed: 17 May 2013 by Mario
Last reviewed: 17 May 2013 by Mario
Questions about Climate Change/ Carbon Emissions
1 out of 4| 1. Is there a policy for the brand to minimize, reduce or compensate carbon emissions? |
 |
Speedo has taken several measures for climate protection, such as energy efficiency measures in its office building or avoiding business flights where possible. | Source |
| 2. Has the brand (company) disclosed the annual absolute carbon footprint of its 'own operations' (Scope 1 & 2) and has the brand already reduced or compensated 10% of these emissions in the last 5 years? |
 |
Neither Speedo nor Pentland (brand owner) have published an up to date carbon footprint. So it is not clear if the policy measures actually helped reduce the total annual carbon emissions. | Source |
| 3. Has the brand (company) set a target to reduce its absolute ‘own operations’ carbon emissions by at least 20% within the next 5 years? |
|
Pentland mentions it has a target to reduce the carbon emissions, but does not specify the target percentage or the target year. | Source |
| 4. Does the brand (company) also have a policy to reduce/compensate carbon emissions generated from the product supply chain that is beyond own operations (Scope 3)? |
|
Speedo communicates a policy to reduce the use of energy and pollution from manufacturing. However, the reported measures are not detailed enough (see page 16). | Source |
Questions about Environmental Policy
0 out of 4| 1. Does the brand (company) use environmentally 'preferred' raw materials for more than 5% of its volume? |
|
Pentland mentions that it researches the possibility of working with more environmentally friendly materials (see page 14). However, no information is provided about the share of these products in total production. | Source |
| 2. Does the brand (company) use environmentally 'preferred' raw materials for more than 10% of its volume? |
|
See remark for environmental policy question 1. | Source |
| 3. Does the brand (company) use environmentally 'preferred' raw materials for more than 25% of its volume? |
|
See remark for environmental policy question 1. | Source |
| 4. Does the brand (company) have an environmental policy related to the ‘wet processes’ within the production cycle, like bleaching and dying of fabrics? |
|
In 2011 Pentland has reviewed its Policy, Standards and Guidelines for Managing Restricted Substances and it demands its suppliers' compliance with this document. However, Pentland does not publish its own RSL (Restricted Substances List) (see page 16). | Source |
Questions about Labour Conditions/ Fair Trade
5 out of 8| 1. Does the brand (company) have a supplier Code of Conduct (CoC) which includes the following standards: No forced or slave labor, no child labor, no discrimination of any kind and a safe and hygienic workplace? |
|
Speedo has a Code of Employment Standards for Suppliers where all the standards are mentioned. Also Pentland (the brand owner of Speedo) is a member of ETI. | Source |
| 2. Does this CoC include at least two of the following workers rights: 1. to have a formally registered employment relationship 2. to have a maximum working week of 48 hours with voluntary and paid overtime of 12 hours maximum 3. to have a sufficient living wage? |
|
In ETI Base Code: 1. Yes, legally binding employment relationships (see point 8); 2. Yes, maximum workweek of 48 hours, overtime (max 12 hours) is voluntary (point 6); 3. Yes, Living wages are paid (point 5). | Source |
| 3. Does this Code of Conduct include the right for workers to form and join trade unions and bargain collectively; and in those situations where these rights are restricted under law, the right to facilitate parallel means of independent and free association and bargaining? |
|
In ETI Base Code: This right is mentioned, with reference to parallel means for the situation of law restrictions (see point 2). | Source |
| 4. Does the brand (company) have a published list of direct suppliers, that have collectively contributed to more than 90% of the purchase volume? |
|
Neither Speedo nor Pentland provides a significant list of direct suppliers on its website. Sustainability information should be easily accessible for consumers to make responsible choices. | Source |
| 5. Is the brand (company) a member of a collective initiative that aims to improve labor conditions, or does the brand (company) purchase its supplies from accredited factories with improved labor conditions? |
|
Pentland is a member of ETI. | Source |
| 6. Do independent civil society organizations like NGO's and labor unions have a decisive voice in this collective initiative or in these certification schemes? |
|
Pentland is a member of ETI, which means that Labour Unions and/or business-independent NGO’s have a formal and co-decisive voice within the initiative and are co-responsible for the integrity and credibility of the initiative. | Source |
| 7. Does the brand (company) annually report on the results of its labor conditions policy? |
|
Neither Speedo nor Pentland reports on its policy to audit factories producing Speedo products, on its website. | Source |
| 8. Has the brand’s labor conditions policy resulted in a ‘compliance level’ of at least 30% of the purchase volume, or a ‘monitored level' of at least 80%? |
|
See remark for labor conditions policy question 7. | Source |