Latham Group, Inc..
SWIM.US | Manufacture of plastics products
Latham Group, Inc. is the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand. They offer a range of in-ground swimming pools, including fiberglass, vinyl liner, and steel wall pools, along with related pool equipment and ...Show More
Better Health for All
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Latham's core products, backyard pools, have a positive health impact, with a survey indicating nearly 50% of pool-owning parents observed a reduction in children's screen time and 100% reported increased outdoor interest.
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The company is a leader in pool safety code development, adhering to standards set by PHTA, ICC, and ANSI/APSP/ICC-5, ANSI/APSP/ICC-7, and the 2018 ISPSC, but no specific safety incident rates are provided.
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Latham updated its Code of Conduct and Human Rights Policy, making them publicly accessible.
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The company reduced waste from fiberglass pool production by 50% in 2023 compared to 2022 and reduced emissions through acetone alternatives and RTO technology, but specific amounts of recycled materials or emission reductions are not provided.
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Latham expanded employee assistance programs and mental health resources, but the ESG report does not provide specific details on the scale or impact of these programs.
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The company offers wellness initiatives for employees, including walking challenges and monthly wellness themes, with approximately 37% employee participation.
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Latham provides wellness topics in monthly newsletters.
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The company supports men's health through a 'Blue Day' event, donating $5 per employee to cancer charities.
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Fair Money & Economic Opportunity
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No evidence available to assess Latham Group, Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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The company's employee engagement, based on an overall rating of 3.3 out of 5 stars from 83 reviews, translates to an engagement score of approximately 66/100.
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Additionally, 60% of employees would recommend working at the company.
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Fair Trade & Ethical Sourcing
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Latham Group's Human Rights Policy, effective October 4, 2023, and Supplier Code of Conduct, effective October 25, 2023, are applicable to contractors and vendors.
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The Supplier Code of Conduct requires suppliers to comply with the company's Conflict Minerals Policy and applicable laws, enact policies to prevent human rights abuses, and exercise due diligence on conflict minerals.
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It also prohibits forced, bonded, indentured, involuntary prison, and child labor.
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However, the percentage of all supplier contracts that include these enforceable ethical-sourcing clauses is not specified.
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Honest & Fair Business
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No evidence available to assess Latham Group, Inc. on Honest & Fair Business.
Kind to Animals
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The provided articles, which summarize Latham Group's 2023 ESG Report, do not contain any data or information relevant to the 'Kind to Animals' ethical value or its associated Key Performance Indicators.
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The reports focus on other ESG initiatives such as waste reduction, energy efficiency, employee well-being, and governance, without addressing animal welfare, animal testing, or animal-derived product sourcing practices.
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No War, No Weapons
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No evidence available to assess Latham Group, Inc. on No War, No Weapons.
Planet-Friendly Business
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No evidence available to assess Latham Group, Inc. on Planet-Friendly Business.
Respect for Cultures & Communities
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No evidence available to assess Latham Group, Inc. on Respect for Cultures & Communities.
Safe & Smart Tech
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The company has experienced cybersecurity threats and incidents, none of which were material to its operations or financial results in 2024, and are not reasonably likely to be material in 2025.
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The CIO/CISO holds multiple certifications, including Certified Information Systems Auditor, Certified Information Systems Security Professional, Certified Data Privacy Solutions Professional, and Certified in Risk Information Systems and Controls.
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The company implements encryption of data as part of firewalls across all locations.
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It engages third-party service providers for vulnerability assessments and penetration testing.
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The company processes personal information and strives to comply with applicable privacy laws and obligations.
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While employee training and communications are reported weekly, no specific effectiveness data is provided.
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The company uses an AI-powered device and acknowledges the potential for bias, miscalculations, data errors, and compromise of confidential information related to AI, but does not detail AI ethics governance or audit practices.
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Zero Waste & Sustainable Products
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No specific, concrete data points were found in the provided articles to assess SWIM.US against any of the KPIs for the 'Zero Waste & Sustainable Products' ethical value. The articles did not contain information on waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability scores, waste audit frequency, zero-waste certifications, waste disposal violations, material efficiency, packaging-to-product ratios, waste reduction targets, supplier waste requirements, or customer waste education.
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