MASHINIi

The Cooper Companies, Inc.

COO.US | Manufacture of medical and dental instruments and supplies

The Cooper Companies, Inc. is a global medical device company focused on manufacturing and marketing a wide range of products and services in two main business segments: CooperVision and CooperSurgical. CooperVision produces and sells contact lenses, including spherical, toric, multifocal, and cosme...Show More

Ethical Profile

Mixed.

The Cooper Companies' ethical profile is mixed. It faced a 1992 conviction for mail and wire fraud, resulting in over $3 million in fines, though it's implementing a comprehensive compliance program by 2025 and updated its Code of Conduct. Environmentally, CooperCompanies shows strong efforts. CooperVision's Plastic Bank partnership allegedly prevented 6.9 million kilograms of ocean plastic. NY and UK CooperVision sites use 100% renewable electricity, contributing to a >7% GHG reduction in 2022. The company also focuses on accessible vision and women's health. Cybersecurity measures exist, but reports suggest encryption (35-45%) and security training (40-50%) need enhancement.

Value Scores

Better Health for All10
-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-20
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

10

The Cooper Companies' core business segments, CooperVision and CooperSurgical, provide products and services such as contact lenses, medical devices, fertility products, surgical instruments, and diagnostic products, which inherently deliver substantial health benefits. The company's Generation Sight program specifically addresses myopia management disparities among children in the U.S.

1
, and CooperSurgical offers IVF products to enhance women's and family health worldwide.
2
There is no evidence of revenue generated from products with negative health outcomes. The company maintains ISO 13485 certification for medical device quality management.
3
The company's operations do not involve pharmaceutical patents, food or nutritional products, or products with addiction potential.

Fair Money & Economic Opportunity

0

The Cooper Companies is a medical device company manufacturing contact lenses and women's health products. Its core business does not involve lending, insurance, or other financial services for consumers or businesses. The provided article explicitly states that the company's commitment to employee well-being and development, while supporting internal economic opportunity, does not directly impact the financial inclusion of underserved communities.

1
Therefore, all KPIs related to financial products, services, and their impact on external financial inclusion are not applicable to the company's operations.

Fair Pay & Worker Respect

0

No evidence available to assess The Cooper Companies, Inc on Fair Pay & Worker Respect.

Fair Trade & Ethical Sourcing

0

No specific, quantifiable evidence was found in the provided articles regarding the company's fair trade certifications, supplier audit frequency, incidents of forced or child labor, supply chain traceability, remediation speed for violations, ethical clauses in supplier contracts, share of spend on high-risk materials, or procurement budget directed to diverse suppliers. The articles mention a global Code of Conduct for employees

1
and participation in the UN Global Compact,
2
but these do not provide the specific data points required by the rubric for ethical sourcing KPIs.

Honest & Fair Business

0

The Cooper Companies was convicted in 1992 for mail and wire fraud, involving a former Co-Chairman, resulting in over $3 million in fines and restitution.

1
More recently, the company updated its Code of Conduct in 2021.
2
It plans to implement a Comprehensive Compliance Program by 2025, which will include a dedicated Compliance Officer, documented policies, regular training, and global compliance certifications.
3

Kind to Animals

0

The company's animal testing policy states that testing is limited to meeting regulatory and legal requirements and is only conducted when non-animal testing is not yet a scientifically valid and available option.

1
Efforts are made to reduce the number of animals used and refine procedures to minimize distress.
2
The company does not appear to be involved in animal agriculture operations or sourcing.
3

No War, No Weapons

-20

The Cooper Companies operates in the healthcare sector and has no documented involvement in military contracts or arms manufacturing

1
. A review of government spending databases indicates an absence of direct military contracts
2
. The company does not engage in explicit peace advocacy or conflict resolution initiatives
3
. Consequently, there are no defense assets for the company to divest.

Planet-Friendly Business

0

The provided articles detail several environmental initiatives, including a company-wide reduction in greenhouse gas emissions by over 7% in 2022.

1
However, the total greenhouse gas emissions in tCO₂e are not disclosed, preventing a score for 'scope_1_2_3_emissions'. While CooperVision sites in New York and the United Kingdom source 100% renewable electricity, this is not stated as the share of operational energy consumption for the entire company, so 'pct_renewable_energy' cannot be scored. Eight facilities are certified under green building standards, but the total number of company facilities is not provided, making it impossible to calculate 'pct_buildings_green_certified'.
2
Similarly, the CooperVision Distribution and Packaging Center in West Henrietta, New York, achieved over 90% waste diversion, but this is for a single facility, not the company-wide 'waste_diversion_rate'.
3
No other KPIs have sufficient company-wide, quantifiable data to meet the rubric's specific thresholds.

Respect for Cultures & Communities

0

The Cooper Companies aligns its sustainability efforts with the United Nations Sustainable Development Goals (SDGs)

1
and participates in the United Nations Global Compact.
2
The company also has an internal Inclusion & Diversity program, including Employee Resource Groups, aimed at fostering a culture of belonging
3
and respecting diverse backgrounds.
4
However, the provided articles do not offer specific, quantifiable evidence for any of the KPIs related to formal partnerships with community groups, reinvestment in local development, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, grievance mechanisms, cultural preservation investments, local procurement, or cultural sensitivity training completion rates.

Safe & Smart Tech

0

CooperCompanies has a cybersecurity program led by certified professionals, which includes continuous monitoring, network security precautions, ongoing vulnerability assessments, and third-party auditing

1
. An Audit Committee within the Board of Directors oversees data security practices with quarterly reports
2
. The company updated its Code of Conduct to include privacy of information, requiring annual employee certification and providing targeted ethics training
3
. A Privacy Policy, effective January 2023, details data handling, emphasizes secure socket layer encryption technology, and provides guidance on privacy rights for California residents
4
. However, the provided articles do not contain specific quantitative data points or outcomes required by the rubric to score any of the KPIs.

Zero Waste & Sustainable Products

0

In 2023, CooperVision's Distribution and Packaging Center in West Henrietta, New York, achieved Zero Waste Facility certification by diverting over 90% of its waste from landfills

1
. Additionally, CooperVision partnered with Plastic Bank, preventing 6.9 million kilograms of plastic waste from entering the ocean in 2023
2
. Since the partnership's inception, this initiative has prevented the equivalent of more than 100 million plastic bottles from polluting oceans
3
.

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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.