Company Directory - MSC Industrial Supply Co.
Company Details - MSC Industrial Supply Co.
MSC Industrial Supply Co.
WebsiteMelville, USA
MSC Industrial Supply Co. is a leading distributor of metalworking and MRO (maintenance, repair and operations) products. The company serves industrial customers across North America through its extensive branch network and online sales platform, providing a broad range of products and supply chain services.
CCI Score
CCI Score: MSC Industrial Supply Co.
36.43
-0.02%
Latest Event
MSC Industrial Write-Off Order Linked to Forced Labor Supplier
MSC Industrial Supply Co. recorded an impairment on a prepaid order for nitrile gloves amid sourcing challenges. The write‐off is tied to issues with a supplier, Top Glove Corp. Bhd., which is under a U.S. Customs Withhold Release Order for alleged forced labor practices.
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DISSENTER
MSC Industrial Supply Co. is currently rated as a Dissenter.
Latest Events
- JAN152025
MSC Industrial Supply Co. recorded an impairment on a prepaid order for nitrile gloves amid sourcing challenges. The write‐off is tied to issues with a supplier, Top Glove Corp. Bhd., which is under a U.S. Customs Withhold Release Order for alleged forced labor practices.
-30
Supply Chain Ethics
March 30
The incident raises concerns over MSC Industrial's supply chain ethics. By proceeding with an order from a supplier later implicated in forced labor, the company exposed itself to ethical risks. Although the subsequent write‐off indicates a recognition of the issue, the event underscores weaknesses in supply chain due diligence which could indirectly support exploitative labor practices.
MSC Industrial tackles glove trouble as US pandemic treatment imports slip | S&P Global
- DEC192023
MSC Industrial Supply released its 2023 ESG report reaffirming its commitment to environmental, social, and governance principles. The report emphasizes ethical supply chain stewardship, strong labor practices as evidenced by its high ranking on the Best Places to Work Disability Equality Index and Top Workplace recognitions, as well as comprehensive employee training programs.
+80
Labor Relations and Human Rights Practices
March 30
The ESG report highlights MSC's commitment to progressive labor practices through high workplace equality ratings, robust training opportunities, and recognition as a top workplace, which supports worker rights and inclusivity.
+60
Supply Chain Ethics
March 30
The report also emphasizes ethical supply chain stewardship, highlighting MSC's adherence to responsible sourcing and environmental practices, which is a progressive business practice contributing to overall social responsibility.
- DEC182023MSC Releases 2023 ESG Report Highlighting Progressive Governance and Sustainability Initiatives
36.99
MSC Industrial Supply Co. released its 2023 ESG report on December 18, 2023, detailing a range of initiatives including the elimination of dual-class shares to enhance governance, significant improvements in waste reduction, ethical supply chain stewardship through enhanced supplier diversity measures, increased environmental disclosures, and enhanced community support through charitable donations and inclusion circles.
+40
Public and Political Behavior
March 30
MSC's elimination of dual-class shares aligns all shareholders' voting rights, fostering transparency and equality in corporate governance. This move diminishes internal power concentration and resists authoritarian corporate structures, reflecting positive public and political behavior.
+45
Business Practices and Ethical Responsibility
March 30
The ESG report underscores robust efforts in ethical business practices including the launch of a Supplier Diversity & Sustainability program, significant community donations, and comprehensive environmental and social initiatives. These measures promote ethical responsibility and support progressive values by uplifting marginalized communities and strengthening sustainable supply chain practices.
- DEC182023
MSC Industrial Supply Co. released its 2023 ESG Report on December 18, 2023, reaffirming commitments to environmental, social, and governance principles. The report highlights improvements in corporate governance such as eliminating dual-class shares and achieving compliance with NIST 800-171 standards, along with strong initiatives in waste reduction, climate disclosure, ethical supply chain stewardship, and community engagement.
+25
Executive Political Engagement
March 30
By eliminating dual-class shares and advancing compliance with NIST 800-171 standards, MSC has improved its corporate governance structure. These measures enhance democratic accountability and reduce disproportionate influence by any single group of shareholders, aspects that align with anti-authoritarian and anti-fascist principles.
+50
Supply Chain Ethics
March 30
MSC's ESG Report emphasizes strong ethical supply chain practices by appointing a Supplier Diversity & Sustainability program manager, engaging with a diverse base of over 600 suppliers, and committing to a rigorous supplier code of conduct. These actions support marginalized suppliers and promote equitable business practices, aligning with progressive, anti-fascist values.
- OCT012023
MSC Industrial Supply Co. has published its human rights policy, committing to the elimination of modern slavery and human trafficking from its primary supply chain. The policy requires suppliers to adhere to strict standards and implement corrective measures in cases of non-compliance.
+80
Supply Chain Ethics
March 30
By mandating that all suppliers comply with anti-slavery and anti-human trafficking standards—including provisions against sweatshop labor, forced labor, and other exploitative practices—MSC demonstrates a strong commitment to ethical supply chain practices. This active policy helps protect vulnerable workers and prevents complicity in modern slavery.
+75
Labor Relations and Human Rights Practices
March 30
MSC’s policy not only targets supply chain ethics but also reinforces robust labor relations and human rights practices by ensuring suppliers avoid abusive labor practices. This commitment is crucial in safeguarding worker rights and preventing exploitation, aligning with anti-fascist and progressive values.
- OCT012023
MSC Industrial Supply Co. has updated its policy to comply fully with the Conflict Minerals Law, committing to identify, track, and report the origins of conflict minerals in its supply chain to ensure that these resources do not indirectly fund violent militant groups in conflict zones such as the DRC.
+60
Supply Chain Ethics
March 30
MSC's adherence to the Conflict Minerals Law and its active effort to improve tracking and reporting of conflict minerals in its supply chain demonstrate a commitment to ethical business practices and supply chain transparency. These actions help prevent the potential funding of militant groups, marking a positive step towards responsible corporate citizenship.
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