MASHINIi

GAMES WORKSHOP GROUP PLC.

GAW.LSE | Manufacture of games and toys

Games Workshop Group PLC is a British manufacturer and retailer of miniature wargames, primarily Warhammer Age of Sigmar and Warhammer 40,000. It designs, manufactures, distributes, and retails its games, miniatures, and related products, including paints, tools, and hobby supplies. The company oper...Show More

Ethical Profile

Mixed.

Not enough information to create an ethical profile.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons-30
-100100
Planet-Friendly Business-10
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-40
-100100

Better Health for All

0

No evidence available to assess GAMES WORKSHOP GROUP PLC on Better Health for All.

Fair Money & Economic Opportunity

0

Games Workshop Group PLC is a manufacturer and retailer of miniature wargames, not a financial institution.

1
The company does not offer lending, deposit services, or other consumer financial products. Therefore, all Key Performance Indicators (KPIs) under the 'Fair Money & Economic Opportunity' value are not applicable to its business model, as per the rubric's definitions for non-financial companies.

Fair Pay & Worker Respect

0

No evidence available to assess GAMES WORKSHOP GROUP PLC on Fair Pay & Worker Respect.

Fair Trade & Ethical Sourcing

0

No evidence available to assess GAMES WORKSHOP GROUP PLC on Fair Trade & Ethical Sourcing.

Honest & Fair Business

0

Games Workshop Group PLC demonstrates strong audit coverage, with 94% of total Group assets subjected to full scope audits.

1
The company also implements robust third-party verification for its supply chain, requiring all suppliers of products and product components to undergo independent ethical sourcing risk assessments and audits via programs like ICTI’s Ethical Supply Chain (ESC) and Sedex, and to maintain certification.
2
A comprehensive anti-bribery and corruption policy is in place.
3
,
4
with annual training and associated tests for employees in high-risk areas related to modern slavery.
5
, and suppliers are required to follow an ethical sourcing audit programme.
6
The company has had two financial restatements over the past five years: one in 2019 for the retrospective adoption of IFRS 15
7
, and another in 2023 due to a reassessment of operating profit margins.
8
A comprehensive whistleblowing policy is communicated to staff, offering an anonymous third-party process for reporting concerns
9
, and explicitly stating protection against discrimination for good faith reports; no reports of slavery or human rights abuses were received through this service in the last financial year.
10

Kind to Animals

0

The provided articles do not contain specific, concrete data points for any of the KPIs related to animal welfare, animal testing, or animal-derived ingredients in Games Workshop's operations or products. Information regarding cruelty-free certifications, alternative testing methods, humane certifications, wildlife conservation impact, ethical input substitution, supplier audits for animal welfare, cage-free sourcing, animal testing policies or volume, innovation investment in animal-free technologies, animal agriculture ethics, animal-free R&D collaboration, or public policy engagement on animal welfare is not present. PETA did write to Games Workshop's CEO in January 2017, requesting the removal of fur depictions from Warhammer characters

1
, but this relates to fictional representations rather than the company's direct animal welfare practices or product inputs.

No War, No Weapons

-30

The company sources 95% of its materials from suppliers adhering to ethical standards.

1
It requires all suppliers to uphold its high standards as part of supply contracts
2
and works with the ICTI Ethical Toy Programme (IETP) for ethical and sustainable sourcing management controls,
3
requiring all raw material, component, and resale goods suppliers to be IETP members.
4
No whistleblowing reports regarding slavery or human rights abuses were received in the last financial year.
5
The company conducts annual risk assessments and anti-slavery policy reviews,
6
and employees in high-risk areas receive annual training and pass an associated test.
7

Planet-Friendly Business

-10

The company sources 62.09% of its total annual electricity usage from renewables, including 524.93 MWh generated onsite from solar arrays and certified grid renewables for its UK retail, manufacturing, distribution, and US distribution operations.

1
For its UK operations, 0% of total waste is sent to landfill, with 40% recycled and 60% incinerated with energy recovery.
2
In FY 2024/25, UK manufacturing operations generated 569 tonnes of waste, with 47% recycled and 53% incinerated with energy recovery.
3
The company has expanded its in-store recycling scheme for plastic sprue frames and paint pots, collecting over 23 tonnes of material in the UK.
4
Games Workshop continues to comply with TCFD requirements, and its annual report includes climate-related financial disclosures consistent with TCFD Recommendations.
5
Climate scenario analysis was performed and updated for 2024, utilizing three NGFS scenarios—‘Net zero 2050’, ‘Delayed transition’, and ‘Current policies’—to assess potential impacts and drive appropriate action.
6

Respect for Cultures & Communities

0

No evidence available to assess GAMES WORKSHOP GROUP PLC on Respect for Cultures & Communities.

Safe & Smart Tech

0

No evidence available to assess GAMES WORKSHOP GROUP PLC on Safe & Smart Tech.

Zero Waste & Sustainable Products

-40

Games Workshop recycled 40% of its total waste from UK operations, with 0% sent to landfill, while the remaining 60% was incinerated.

1
The company reported a 30% reduction in plastic usage across its product lines in 2023.
2
Waste reduction initiatives include phasing out in-store plastic carrier bags, redesigning product packaging to reduce plastic use, replacing single-use plastic packaging with paper and card alternatives, removing excess packaging elements, and a program started in 2024 to use recycled material in a limited number of miniature bases.
3
Additionally, a free recycling program is offered for Warhammer paint pots, sprues, and miniatures.
4
The company provides customers with information on what can be recycled and how to participate in this specific recycling program.
5

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.