In October 2020, Ethical Consumer searched the Edgewell Personal Care website. The company produced sunscreen, which was an area in which nanotechnology was very common. No policy regarding nanotechnology could be found. Ethical Consumer considered nanotechnology to be a technology that carried potential environmental and health risks, and had not yet been
sufficiently established as safe. The company therefore lost half a mark in the Controversial Technologies category.

Reference:

edgewell.com (2020)

In February 2020, Ethical Consumer viewed Edgewell Personal Care's list of subsidiaries in its 10-K filing with SEC, as well as its family tree on Hoovers corporate database. This showed that the company had multiple subsidiaries in jurisdictions considered by Ethical Consumer to be tax havens at the time of writing. Of these, at least two were holding companies, which was a high risk company type for likely use of tax avoidance:

Schick Cayman Islands Ltd in the Cayman Islands (this company was listed on Hoovers corporate database as having subsidiaries in Hong Kong and China).

Tropria Holding, B.V. in the Netherlands

In addition, the report listed two more subsidiaries in the Cayman Islands, fifteen subsidiaries in the state of Delaware, one subsidiary in Ireland, one more subsidiary in the Netherlands and two in Hong Kong; all of these jurisdictions were considered by Ethical Consumer to be tax havens at the time of writing.

An internet search using the search terms “Edgewell Personal Care tax policy statement country” found no country-by-country financial information or reporting (CBCR), nor clear public tax statement confirming that it was this company’s policy not to engage in tax avoidance activity or to use tax havens for tax avoidance purposes.

Given that -Edgewell Personal Care had two or more high risk subsidiaries in jurisdictions on Ethical Consumer's tax haven list and no country-by-country financial information, nor adequate policy statement and narrative explanation, the company received Ethical Consumer's worst rating for likely use of tax avoidance strategies and lost a full mark in the Anti-Social Finance subcategory.

Reference:

SEC 10-K Exhibit 21.1 - List of Subsidiaries (2019)

In February 2020, Ethical Consumer viewed Edgewell Personal Care's 2019 DEF 14A filing with SEC. It stated that at least six of the company's Executive Directors received over £1 million in total compensation in 2019. The highest paid received $12,821,641 (as of 31st December 2018, the end of the financial year covered by the report, this equated to over £10 million).

Ethical Consumer deemed any annual amount over £1million to be excessive. The company therefore lost half a mark under Anti-Social Finance.

Reference:

SEC filing DEF 14A (2019)