Snap-on Incorporated — Ethics Grade B-
Snap-on Incorporated receives an overall ethics grade of B- (62/100) on CancelCo's corporate accountability database. Sector: Consumer Goods. Market cap: Large Cap.
Category scores
- labor: 45
- privacy: 90
- consumer: 80
- environment: 55
- humanRights: 75
Documented incidents (3)
- Franchisee Predatory Practices Claims (medium, 2017) — Faced multiple lawsuits from franchisees alleging the company used predatory lending and manipulated sales territories to drive individual business owners into debt.
- Transfer Pricing Dispute (medium, 2020) — The IRS challenged Snap-on's transfer pricing methods, alleging the shifting of profits to offshore entities to avoid U.S. taxes.
- Workplace Safety Fines (medium, 2019) — OSHA cited Snap-on for repeated safety violations at manufacturing facilities, including lack of machine guarding and electrical hazards.
Documented good deeds
- Technical Education Support — Partnered with technical colleges to provide diagnostic equipment and curriculum to train the next generation of mechanics.
Ethical alternatives
- Stanley Black & Decker — More transparent supply chain reporting and higher sustainability ratings.