MASHINIi

Knoll.

KNL.US | Manufacture of furniture

Knoll, Inc. is a designer and manufacturer of office and residential furniture. The company operates through two segments: Office and Residential. The Office segment offers a range of workplace furniture, including systems furniture, seating, storage, tables, desks, and filing products. The Resident...Show More

Ethical Profile

Mixed.

Knoll (KNL.US) has demonstrated efforts in sustainability, reducing total waste by approximately 50% since FY2022 and single-use plastic packaging by 52% since 2020. The company aims to divert 10 million pounds of furniture waste from landfills by FY2027 and achieve zero landfill waste at its top 5 manufacturing sites by FY2030. Knoll also utilizes innovative materials like bamboo-based upholstery, though its goal for 100% bio-based or recycled materials is set for 2050. Critics point to the long timeline for some targets and the current performance not being industry-leading. Knoll maintains a code of business conduct and a whistleblower policy with anti-retaliation provisions.

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 Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-30
-100100

Better Health for All

0

No evidence available to assess Knoll on Better Health for All.

Fair Money & Economic Opportunity

0

Knoll is a designer and manufacturer of office and residential furniture, not a financial institution. The ethical value 'Fair Money & Economic Opportunity' assesses activities related to lending, insuring, moving, or storing money, and the provision of financial services. As Knoll does not offer consumer credit products, manage customer financial data, or engage in financial literacy programs, all KPIs related to financial services, lending practices, fee structures, and financial inclusion initiatives are not applicable to its core business operations. While the company mentions expanding into 'underserved markets' for its products

1
and engaging in 'community impact initiatives' like design education and affordable housing
2
, these activities do not pertain to financial inclusion or economic opportunity through financial services as defined by this value.

Fair Pay & Worker Respect

0

No evidence available to assess Knoll on Fair Pay & Worker Respect.

Fair Trade & Ethical Sourcing

0

No evidence available to assess Knoll on Fair Trade & Ethical Sourcing.

Honest & Fair Business

0

MillerKnoll, Inc. and its subsidiaries have a comprehensive Whistleblower and Non-Retaliation Policy.

1
This policy provides multiple reporting channels, including a hotline, email, and a web-based tool, with options for anonymous reporting.
2
It strictly prohibits retaliation against individuals who report concerns in good faith.
3
Reports related to accounting, financial controls, auditing, disclosure matters, securities laws, or fraud are specifically forwarded to the Audit Committee Chair.
4
A summary of reports is communicated to the Audit Committee quarterly.
5
Investigations are governed by the company's Global Investigations Policy.
6

Kind to Animals

0

No specific, concrete data points regarding KNL.US's performance on animal welfare, testing, sourcing, or conservation initiatives were found in the provided articles. The articles discuss general industry trends, regulatory landscapes, or other entities, but do not offer direct evidence pertaining to Knoll's practices or policies related to being 'Kind to Animals'.

No War, No Weapons

0

The company has a formal policy to refrain from purchasing Democratic Republic of Congo (DRC) conflict minerals that may finance or benefit armed groups.

1
This policy requires suppliers to certify products as "DRC conflict free"
2
and establish due diligence programs to ensure a conflict-free supply chain.
3

Planet-Friendly Business

0

No evidence available to assess Knoll on Planet-Friendly Business.

Respect for Cultures & Communities

0

No specific, quantitative data points relevant to the 'Respect for Cultures & Communities' ethical value were found across the provided articles. The articles primarily discuss general diversity, equity, and inclusion (DEI) initiatives

1
, LGBTQ+ workplace equality
2
, and environmental sustainability goals
3
. They do not provide metrics such as formal partnerships with indigenous or local community groups, revenue reinvested in local communities, cultural appropriation incidents, cultural impact assessment protocols, or specific details on indigenous supplier engagement or cultural preservation investments.

Safe & Smart Tech

0

No evidence available to assess Knoll on Safe & Smart Tech.

Zero Waste & Sustainable Products

-30

Knoll has achieved a 52% reduction in single-use plastic packaging since 2020.

1
The company integrates comprehensive CBS Circular Design Principles into its product development process, including design for longevity, adaptability, and disassembly.
2
Waste reduction initiatives, such as the multi-faceted rePurpose program for donation, resale, reuse, and recycling, and actively finding eco-friendly alternatives to single-use materials, have led to a 50% reduction in total waste across global facilities since FY2022
3
and a 40% reduction in packaging waste at 14 global contract facilities since FY2021.
4
The company has eliminated added PFAS in North America and aims for global elimination by FY2027
5
, with its Maharam brand having eliminated PFAS, phthalates, flame retardants, and antimicrobials from textile finishes in 2023.
6
Knoll mandates annual reviews for its level® certified facilities, implying annual waste audits for these sites.
7
No waste disposal violations have been reported. The company has set specific waste reduction targets, including diverting 10 million pounds of furniture waste from landfills by FY2027
8
, eliminating single-use plastic packaging for manufacturing sites by FY2030
9
, and achieving zero landfill for its top 5 manufacturing sites by FY2030.
10

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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.