Company Directory - Stepan Company
Company Details - Stepan Company
CCI Score
CCI Score: Stepan Company
35.58
-0.02%
Latest Event
EPA Settlement Demands Environmental Cleanup Measures from Stepan Company
The U.S. Environmental Protection Agency announced a proposed settlement with Stepan Company to address decades‑long contaminated soils at the Maywood Chemical Company Superfund Site in New Jersey. Under the settlement, the company must remove and properly dispose of thousands of cubic yards of contaminated soil, pay specified fees, and impose site use restrictions, marking a step towards mitigating longstanding public health and environmental risks.
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DISSENTER
Stepan Company is currently rated as a Dissenter.
Latest Events
OCT122023The U.S. Environmental Protection Agency announced a proposed settlement with Stepan Company to address decades‑long contaminated soils at the Maywood Chemical Company Superfund Site in New Jersey. Under the settlement, the company must remove and properly dispose of thousands of cubic yards of contaminated soil, pay specified fees, and impose site use restrictions, marking a step towards mitigating longstanding public health and environmental risks.
+40
Business Practices and Ethical Responsibility
March 31
The settlement, while a result of historic environmental mismanagement, compels Stepan Company to execute comprehensive cleanup measures. This remedial action helps protect affected communities and enhances corporate accountability, aligning with ethical business practices and environmental justice ideals.
EPA strikes cleanup deal 36 years after informing polluter about toxic liability
- JAN012023
Stepan Company has maintained its EcoVadis Gold status, placing in the top 4% of chemical manufacturers in the 2023 EcoVadis CSR report. The achievement underscores the company's strong commitment to ethical business practices, workplace safety, and employee well‑being.
+80
Business Practices and Ethical Responsibility
March 31
The company's EcoVadis Gold achievement reflects robust ethical business practices and sustainable governance. This commitment to corporate social responsibility aligns with progressive values by promoting transparency and accountability in business practices.
+80
Labor Relations and Human Rights Practices
March 31
The recognition in the EcoVadis CSR report highlights the company's strong labor and human rights practices, including workplace safety and employee well‑being. This positive performance in labor relations supports an anti‑authoritarian, worker‐focused approach.
- JAN012023
Stepan Company's 'Responsible Practices' webpage details its commitment to ethical management, safety, and adherence to global regulatory standards. The site emphasizes compliance with laws, employee ethics training, and a transparent, respectful workplace environment.
+40
Business Practices and Ethical Responsibility
March 31
The webpage outlines clear responsible practices, including comprehensive ethics and compliance training, safety protocols, and adherence to established international standards such as Responsible Care and ISO certifications. This commitment to ethical business practices and transparent operations reflects a positive stance against authoritarian and exploitative practices.
- JAN012023
Stepan Company maintained its EcoVadis Gold status and ranked in the top 4% of chemical products manufacturers in the 2023 EcoVadis CSR report, demonstrating outstanding performance in business ethics, workplace safety, and labor rights.
+90
Labor Relations and Human Rights Practices
March 31
The company's achievement in the EcoVadis CSR report underscores a strong commitment to ethical business practices and the protection of labor rights. Excelling in categories of Business Ethics and Labor and Human Rights demonstrates an anti-authoritarian, worker-centered approach that supports social responsibility and employee wellbeing.
- OCT202022
Stepan Company agreed to a consent order by the Illinois Attorney General’s office, paying $360,725 in civil penalties and committing to future emission checks following a 2020 incident that released hazardous ethylene oxide. The enforcement action highlights the company's failure to comply with environmental regulations, posing risks to community health and environmental justice.
-30
Business Practices and Ethical Responsibility
March 31
The settlement indicates a significant lapse in ethical business practices. Stepan Company’s violation of environmental regulations by releasing ethylene oxide not only endangered public health but also disproportionately affected vulnerable communities. Although the company cooperated with regulatory authorities, the incident reflects a broader disregard for standards that protect community and environmental justice.
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