Evaluation Summary
Company Insights
Here’s our quick take on Versed: The company offers a number of products that are more affordable and have some of the basics covered on ingredient safety. We also like that they are incorporating recycled content into their packaging. But beyond that we weren’t able to find much in terms of efforts to reduce environmental impacts or information about how they treat people. That lack of publicly available information (or lack of action on those issues) means that the company didn’t score well on many of the criteria included in our evaluation.
Ingredient Safety
Hilde Likes
Covering some basics on ingredient safety
This company appears to have a solid start on ingredient safety like providing good transparency, identifying chemicals of concern, and restricting them from use in their products
Opportunities for Improvement
Tackling advanced ingredient safety issues
We would like to see this company build on their solid safety baseline by including laboratory testing and a process for addressing contaminants
Verification of ingredient safety efforts
We think this company should start using or expand the use of high-quality certifications that help verify their claims related to ingredient safety
Category Definition
Our ingredient safety evaluation criteria are designed to help us determine how a company measures, manages, and discloses, the use of chemicals of concern that may be present in raw materials, ingredients, manufacturing processes, and finished products.
Foundational Gaps
The company does not meet sufficient baseline criteria for this category and has many opportunities for improvement.
Solid Baseline
The company meets most of our basic criteria and sometimes demonstrates a deeper commitment than other companies on issues in this category.
Strong Performance:
The company appears to be a top performer in this evaluation category and exhibits leadership on one or more of the issues we evaluate.
Environmental Impact
Hilde Likes
Using recycled raw materials
Using recycled materials (e.g. aluminum, glass, plastic) for products or packaging often means lower environmental impacts across the lifecycle than virgin raw materials
Opportunities for Improvement
Establishing programs to address environmental impacts
We think this company should establish credible efforts to measure and disclose their environmental impacts and create time bound goals to improve performance
Improving climate pollution disclosures
We think this company should start measuring and publicly disclosing their annual GHG emissions including those from their value chain (Scope 3)
Verification of environmental impact reduction efforts
This company should start using or expand their use of high-quality certifications related to strengthen their claims related to environmental impact reduction
Category Definition
Our environmental impact reduction evaluation criteria are designed to help us determine how a company measures, manages, and discloses information about the impacts that their operations, products, and supply chain may have on our air, land, water, and ecosystems.
Foundational Gaps
The company does not meet sufficient baseline criteria for this category and has many opportunities for improvement.
Solid Baseline
The company meets most of our basic criteria and sometimes demonstrates a deeper commitment than other companies on issues in this category.
Strong Performance:
The company appears to be a top performer in this evaluation category and exhibits leadership on one or more of the issues we evaluate.
Worker Fairness
Hilde Likes
Opportunities for Improvement
Filling gaps on people impacts
We believe this company should put credible efforts in place to ensure that their employees are treated fairly, that human rights are protected for people in their supply chain, raw materials are sourced responsibly, and publicly share info about their work
Category Definition
Our worker fairness evaluation criteria are designed to help us determine how a company measures, manages, and discloses information about the way they treat their employees, workers in their supply chain, and other stakeholders.
Foundational Gaps
The company does not meet sufficient baseline criteria for this category and has many opportunities for improvement.
Solid Baseline
The company meets most of our basic criteria and sometimes demonstrates a deeper commitment than other companies on issues in this category.
Strong Performance:
The company appears to be a top performer in this evaluation category and exhibits leadership on one or more of the issues we evaluate.
Accountability
Hilde Likes
Opportunities for Improvement
Providing public disclosure and reporting
We think this company should start publishing regular annual reports on sustainability or ESG topics for consumers or other stakeholders and maintain a publicly available archive of past reports
Establishing good governance practices
We think this company should integrate sustainability into the business model and decision making while enabling accountability mechanisms at the executive and board level
Category Defition
Our corporate accountability evaluation criteria are designed to help us determine how a company integrates sustainability across their organization to help govern decision making and engage with external stakeholders in socially responsible ways.
Foundational Gaps
The company does not meet sufficient baseline criteria for this category and has many opportunities for improvement.
Solid Baseline
The company meets most of our basic criteria and sometimes demonstrates a deeper commitment than other companies on issues in this category.
Strong Performance:
The company appears to be a top performer in this evaluation category and exhibits leadership on one or more of the issues we evaluate.
