Masco Corporation.
MAS.US | Wholesale of construction materials, hardware, plumbing and heating equipment and supplies
Masco Corporation is a global leader in the design, manufacture, and distribution of branded home improvement and building products. Their diverse portfolio includes decorative architectural products (paints, coatings, stains), plumbing products (faucets, showerheads, valves), cabinet and storage so...Show More
Better Health for All
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Masco Corporation's principal goods and services, which are home improvement and building products, have no significant positive or negative direct health impact. The company does not offer health-related products or services, nor does it collect or manage health-related data. Its business model does not involve serving vulnerable populations with health needs, and its products do not carry health risks requiring specific disclosure or have addiction potential. Furthermore, Masco is not a pharmaceutical company, a food company, or an organization that conducts clinical trials or health research.
Fair Money & Economic Opportunity
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Masco Corporation's core business is the design, manufacture, and distribution of home improvement and building products, not financial services. Consequently, KPIs related to lending, fees, debt, and financial product complexity are not applicable. Masco engages in philanthropic activities, primarily through its "Masco Million Differences" campaign, committing $1 million annually.
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By January 2023, the company had donated $5 million to over 140 nonprofit organizations.
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These donations support programs in education and career resources, and initiatives focused on diversity, equity, and inclusion in the workplace.
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Masco also made over $6 million in cash gifts to charitable causes, $330,000 through its Matching Gift Program, and $560,000 in in-kind products.
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The company supports organizations that provide safe, affordable housing and expand access to workforce opportunities, with employees participating in mentoring programs, educational workshops, and community service.
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Fair Pay & Worker Respect
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In 2024, Masco Corporation's CEO-to-median-employee pay ratio was 208:1, with the CEO earning $10,651,821 and the median employee earning $51,203.
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Employee overall satisfaction was reported at 3.4 out of 5.
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The company provides health insurance, life insurance, profit sharing, and a 401(k) plan as benefits.
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Masco aims to improve key safety performance indicators by at least 10 percent each year and regularly consults employees on safety improvements.
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Since 2000, the company has incurred $559,721 in employment-related offenses, including $444,721 for two wage and hour violations and $162,572 for 15 safety-related offenses.
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A 2002 legal case resulted in a default judgment against Masco for violating the Russian labor code.
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As of December 31, 2023, Masco had approximately 18,000 total employees.
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Its U.S. leadership team comprised 34% women and 26% racially/ethnically diverse, with similar diversity in salaried and hourly workforces.
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The Supplier Business Practices Policy, effective July 1, 2024, mandates suppliers meet or exceed local minimum wages, compensate overtime, limit work hours, prohibit child/forced labor, and respect unionization.
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Masco conducts audits and offers an ethics hotline for violations.
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Fair Trade & Ethical Sourcing
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Masco's Purchase Order Terms and Conditions require compliance with its Supplier Business Practices Policy (SBPP).
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This policy, effective July 1, 2024, includes binding ethical clauses such as a minimum employment age of 15, a maximum 60-hour work week with one day off every seven days, and mandates due diligence for conflict minerals from high-risk areas.
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The company conducts periodic announced audits for suppliers outside the United States, Canada, and Western Europe, with new factories in these regions undergoing a physical review.
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Masco reserves the right to conduct unannounced audits, and refusal of auditor access leads to supplier termination.
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Non-compliance can be reported anonymously via an Ethics Hotline.
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Honest & Fair Business
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The provided article describes Masco Corporation's general commitment to ethical business practices, including corporate governance guidelines for independent committees and a Code of Ethics for all personnel. It also details a Supplier Business Practices Policy and associated audits to ensure supply chain transparency regarding human rights, child labor, and working conditions
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. However, the article does not provide specific, quantifiable data points required by the rubric's KPIs, such as total regulatory fines, transparency index scores, details on whistle-blower policies, financial restatements, audit coverage percentages, ESG controversy scores, complaint resolution times, the percentage of conflict-free board members, specific anti-corruption policy details beyond a general Code of Ethics, or the extent of independent verification of Masco's own ethical claims.
Kind to Animals
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Masco Corporation's Supplier Business Practices Policy mandates suppliers adhere to laws and uphold human rights, including bans on forced labor and child labor, which the company states indirectly supports animal welfare.
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Masco supports the National Wildlife Federation and, in October 2023, held an event to educate employees on creating wildlife-friendly environments.
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The company has also pledged to cut its scope 1 and 2 greenhouse gas emissions in half by 2030, compared with 2020 levels
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, an action it states could potentially benefit wildlife habitats by reducing environmental impact.
No War, No Weapons
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There is no publicly available information indicating Masco Corporation's direct involvement in arms manufacturing, military contracts, or conflict facilitation. The company's Supplier Business Practices Policy, effective July 1, 2024, states alignment with the UN Guiding Principles on Business and Human Rights.
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This policy requires suppliers using tin, tantalum, tungsten, or gold from Conflict-Affected High-Risk Areas (CAHRAs) to conduct due diligence and provide conclusive evidence of material origins, and Masco requests information on conflict mineral use.
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Masco's subsidiary, Behr Paint Company, supports military service members and veterans through partnerships like Hire Heroes USA.
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Masco and its Foundation committed $500,000 to veteran-related services in 2011, increasing to over $1 million by 2014, aiding 50 veteran-focused organizations.
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In 2024, Masco pledged $250,000 to the American Red Cross Disaster Responder Program.
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In 2020, Masco provided $1 million in support to nonprofit organizations for COVID-19 relief.
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In 2021, Masco launched a $50 million venture capital fund, Masco Ventures, focusing on startups for civilian applications like water management and connected in-home experiences.
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Planet-Friendly Business
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Masco Corporation has set a science-based target to reduce Scope 1 and 2 greenhouse gas emissions by 50% by 2030, compared to 2020 levels, which aligns with current science-based standards.
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However, interim milestones are not explicitly defined. In 2023, the company achieved 68% renewable energy usage in its manufacturing facilities.
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Total water use in 2023 was 33,000 m³.
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Additionally, 8% of its total water consumption in 2023 was sourced from stressed locations.
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The company's non-hazardous waste diversion rate was 93% in 2024.
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Respect for Cultures & Communities
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Masco Corporation has no reported cultural appropriation incidents.
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The company does not have a specific cultural impact assessment protocol, as its operations in manufacturing and distributing home improvement products do not typically impact cultural contexts.
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Similarly, Free, Prior and Informed Consent (FPIC) processes are not applicable to its operations, and there have been no reported cultural site disruptions.
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Safe & Smart Tech
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Masco Corporation has not identified any material cybersecurity threats in 2023 and maintains a strong cybersecurity program with a preventative focus.
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This program includes risk-based cybersecurity audits, control maturity assessments based on the NIST Cybersecurity Framework, attack simulations, and penetration testing by third-party service providers.
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The company's Code of Ethics prohibits the unauthorized use of personal information, limiting access to job necessity, and no incidents of unauthorized data use have been reported for Masco.
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Masco's Privacy Policy, updated in September 2023, provides users with comprehensive control over their personal data, including rights to know, correct, delete, and port their information, and to opt-out of marketing communications.
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The company explicitly states it does not engage in targeted advertising, selling of personal information, or profiling that produces legal or similarly significant effects.
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Masco emphasizes compliance with global privacy laws and regulations, responding to user requests consistent with applicable law, and no regulatory penalties for privacy violations have been reported.
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While a Masco brand uses AI for tools like ChatHUE™, the company explicitly states it does not use personal information for profiling that produces legal or similarly significant effects.
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Zero Waste & Sustainable Products
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Masco achieved a 62% waste diversion rate in 2023
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, recycling 18,400 metric tons of manufacturing waste
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, and reduced total waste by 34% compared to its 2019 baseline
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. The company annually establishes new goals for waste reduction, reuse, and recycling
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. Masco incorporates Design for Environment (DfE) principles into every new product decision
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. It has implemented several waste reduction initiatives, including reducing solid waste generation from 20,600 tons in 2005 to 1,600 tons in 2008
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, expanding recycling programs
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, optimizing wood purchasing for maximum yield
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, recycling and reusing finish materials
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, and employing AI for predictive analytics to optimize raw material cutting
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. In 2011, its Moores Furniture Group diverted over 60 tons of wood waste
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, with 96% recycled and 4% reused
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. No waste disposal violations were mentioned in the provided articles
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.