Company Directory - Trinseo
Company Details - Trinseo
CCI Score
CCI Score: Trinseo
27.56
-0.02%
Latest Event
Anticipated Supply Chain and Forced Labor Compliance Challenges in 2025
Recent regulatory updates on forced labor and human rights due diligence, as outlined by Simpson Thacher & Bartlett LLP, signal that companies in materials manufacturing—such as Trinseo—may face heightened scrutiny over their supply chain practices. Non‐compliance could expose them to legal, reputational, and operational risks in a tightening regulatory landscape.
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DISSENTER
Trinseo is currently rated as a Dissenter.
Latest Events
JAN092025Recent regulatory updates on forced labor and human rights due diligence, as outlined by Simpson Thacher & Bartlett LLP, signal that companies in materials manufacturing—such as Trinseo—may face heightened scrutiny over their supply chain practices. Non‐compliance could expose them to legal, reputational, and operational risks in a tightening regulatory landscape.
-20
Supply Chain Ethics
March 18
The publication discusses sweeping changes in forced labor enforcement and supply chain due diligence that directly affect how companies source materials. For a global materials supplier like Trinseo, failure to rigorously vet supply chains and address potential human rights abuses could result in severe regulatory and reputational consequences. Given the potential for indirect complicity in forced labor practices, the event is rated negatively on Supply Chain Ethics.
- MAR242022
Union members at Trinseo ratified a three-year contract featuring significant wage hikes, bonus pay, enhanced benefits, and improved work-life balance, reflecting a strong commitment to worker rights.
+90
Labor Relations and Human Rights Practices
March 18
The ratified contract at Trinseo, negotiated by Local 12075-18, delivers substantial positive changes to labor relations. The inclusion of significant wage increases, additional paid holidays, parental leave, and extended sick time is a strong indicator of ethical labor practices. This improvement not only benefits workers directly but also stands in opposition to authoritarian labor exploitation.
- DEC312021
The 2021 Trinseo financial report reveals that the company made no political donations requiring disclosure under Irish law, suggesting a neutral stance in political contributions, while also emphasizing robust employee safety, diversity, and anti‐discrimination measures. These disclosures indicate that, in terms of political contributions and labor relations, the company is not channeling funds into political influence and is upholding ethical labor practices.
+50
Political Contributions and Lobbying Efforts
March 18
Under the Public and Political Behavior category, Trinseo explicitly disclosed that no political donations requiring legal disclosure were made under Irish law for the year ended December 31, 2021. This absence of politically‐targeted financial contributions helps avoid complicity in funding authoritarian political behavior, meriting a positive score.
+50
Labor Relations and Human Rights Practices
March 18
In the Business Practices and Ethical Responsibility category, the report outlines Trinseo’s adherence to strong labor and human rights practices, including comprehensive employee safety programs, diversity initiatives, and robust anti-discrimination policies. Such practices indicate a socially responsible business approach, contributing positively to the company’s score.
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