Groupe Casino — Ethics Grade D
Groupe Casino receives an overall ethics grade of D (32/100) on CancelCo's corporate accountability database. Sector: Retail. Market cap: Large Cap.
Category scores
- labor: 35
- privacy: 60
- consumer: 45
- environment: 20
- humanRights: 25
Documented incidents (3)
- Amazon Deforestation Lawsuit (high, 2021) — Casino was sued by indigenous groups and NGOs for allegedly selling beef products linked to illegal deforestation and land grabbing in the Amazon rainforest through its Brazilian subsidiaries. It was the first time a French retailer was sued under the 'Duty of Vigilance' law.
- Financial Mismanagement Case (high, 2023) — Following years of aggressive accounting and complex ownership structures, the company entered court-led restructuring to deal with massive debt. Investigations were launched into potential accounting irregularities and market manipulation regarding its stock price.
- Forced Labor Allegations (high, 2022) — A report linked several of Casino's supply chains in South America to poor labor conditions that bordered on modern slavery, specifically in the cattle and ranching industries that supply their stores.
Documented good deeds
- Food Waste Reduction Tech — Implemented AI-driven inventory tracking to reduce perishable food waste in Monoprix stores by 20% in two years.
Ethical alternatives
- La Louve — A cooperative supermarket where customers are owners, ensuring ethical sourcing and fair labor.