Company Directory - SodaStream International Ltd.
Company Details - SodaStream International Ltd.
SodaStream International Ltd.
WebsiteHertzlia, Israel
SodaStream is a brand known for its innovative home carbonation products that allow consumers to create sparkling water and soda beverages in the comfort of their own homes, promoting a healthier lifestyle and reducing plastic waste.
CCI Score
CCI Score: SodaStream International Ltd.
-3.78
0.01%
Latest Event
SodaStream lays off 120 workers affecting marginalized communities
SodaStream announced the layoff of 120 employees at its southern Israel plant as it adjusts to returning pre-COVID demand levels. A significant portion of the affected workforce includes Bedouin workers from the local community. While the company plans to set up a career center to aid displaced workers, the move raises concerns about the protection of vulnerable labor groups.
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BYSTANDER
SodaStream International Ltd. is currently rated as a Bystander.
Latest Events
- OCT012025
SodaStream announced the layoff of 120 employees at its southern Israel plant as it adjusts to returning pre-COVID demand levels. A significant portion of the affected workforce includes Bedouin workers from the local community. While the company plans to set up a career center to aid displaced workers, the move raises concerns about the protection of vulnerable labor groups.
-40
Labor Relations and Human Rights Practices
April 6
The decision to lay off 120 workers, including a significant number of marginalized Bedouin employees, reflects poorly on SodaStream's labor relations and human rights practices. Despite the introduction of a career center to assist displaced workers, the mass layoffs are indicative of a prioritization of efficiency over the welfare of vulnerable communities.
Carbonated water maker SodaStream to lay off 120 workers at southern Israel plant
- JAN012025
SodaStream announced the layoff of its last 75 Palestinian workers after failing to secure government permits for their employment at a new factory, following pressure from anti-Israel boycott groups. This decision marks a departure from its earlier practice of equitable treatment and raises concerns about the impact on a marginalized workforce.
-30
Public and Political Behavior
April 6
The layoffs were closely tied to political pressures including boycott campaigns and restrictive government permit policies. This exposes the company’s vulnerability to external political coercion and undermines its role in promoting inclusive, democratic work environments.
Victory for BDS as SodaStream's last Palestinian workers lose their jobs | The Times of Israel
-50
Labor Relations and Human Rights Practices
April 6
Despite a history of equal treatment among its workforce, SodaStream's decision to lay off its final 75 Palestinian employees adversely affects a vulnerable, marginalized community. This move, driven by bureaucratic and political pressures, undermines labor rights and exacerbates economic injustice.
Victory for BDS as SodaStream's last Palestinian workers lose their jobs | The Times of Israel
- AUG232023
SodaStream has signed a 15‐year agreement with clean energy producer Enlight to power all its Israeli production facilities with 100% renewable energy starting in early 2024, and the company has also announced a goal to achieve net‑zero emissions by 2040.
+40
Business Practices and Ethical Responsibility
April 6
By committing to a long-term, renewable energy deal, SodaStream is demonstrating responsible business practices that support sustainable development and environmental protection. This move helps reduce carbon emissions, cuts reliance on fossil fuels, and benefits local communities, aligning with ethical responsibility and progressive values.
- AUG032023
SodaStream announced a plan to transition all its global production sites in Israel to 100% renewable energy by early 2024, coupled with a target of achieving net-zero emissions by 2040. This commitment is bolstered by a corporate power purchase agreement with Enlight Renewable Energy.
+60
Business Practices and Ethical Responsibility
April 6
SodaStream's announcement to shift to 100% renewable energy and strive for net-zero emissions reflects a strong commitment to sustainable and responsible business practices. This proactive move towards environmental stewardship aligns with progressive values by reducing carbon footprint and promoting corporate accountability in environmental matters.
- AUG032023
SodaStream entered a corporate power purchase agreement with Enlight Renewable Energy to transition its main production sites in Israel to 100% renewable energy by 2024, supporting its net-zero emissions goal by 2040 and contributing to the renewable energy shift in the Israeli economy.
+50
Business Practices and Ethical Responsibility
April 6
By signing a PPA with Enlight Renewable Energy, SodaStream demonstrates a significant commitment to ethical business practices and environmental sustainability. This move not only reduces the company's carbon footprint and promotes cleaner production methods, but also supports community well-being, aligning with progressive values and countering corporate practices that may otherwise contribute to environmental degradation.
SodaStream Partners With Enlight Renewable Energy For 100% Renewable Production In Israel
- MAY042023
SodaStream has confirmed a 3% workforce reduction, resulting in 70-80 layoffs across its headquarters and production plant. This move, part of an ongoing streamlining plan amid weakening global demand, marks the third round of layoffs in 18 months.
-40
Labor Relations and Human Rights Practices
April 6
The repeated layoffs, including the latest 3% workforce cut affecting 70-80 employees, indicate a disregard for job security and worker rights. This ongoing pattern, occurring amidst other rounds of layoffs over the past 18 months, undermines labor stability and worker protections, which is concerning from an anti-fascist perspective that emphasizes strong labor rights.
- MAR012016
SodaStream closed its West Bank factory resulting in the layoff of around 500 Palestinian workers after its limited work permits expired. The move has sparked controversy, with critics arguing that it deepens labor inequities for an already marginalized workforce amid pressures from the boycott movement.
-50
Labor Relations and Human Rights Practices
April 6
The closure of the factory and the subsequent layoffs of Palestinian workers, who relied on these jobs in an environment with limited opportunities, exemplify a failure to protect vulnerable labor rights. Although the company attributes the layoffs to bureaucratic challenges in permit renewal, the adverse impact on a marginalized community highlights concerning labor practices.
- FEB292016
In February 2016, following pressure from an international boycott campaign (BDS), SodaStream relocated its factory from a West Bank settlement to Israel. The relocation resulted in approximately 500 Palestinian workers losing their jobs, including 74 workers who were denied work permits at the new facility, raising concerns about the company’s labor practices and impact on a vulnerable community.
-60
Labor Relations and Human Rights Practices
April 6
SodaStream’s decision to relocate its factory amid a boycott led to the denial of work permits for Palestinian workers, resulting in significant job losses. This outcome undermines labor rights and adversely impacts a marginalized group, reflecting poor business practices in terms of human rights and worker treatment.
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Corporate Financials
- Revenue
- 2021
- $600.00M
- Total Assets
- 2021
- $350.00M
- Operating Income
- 2021
- $45.00M
- Total Equity
- 2021
- $250.00M
Industries
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- All Other Plastics Product Manufacturing
- 322121
- Paper (except Newsprint) Mills