The Simply Good Foods Company (SMPL) — ESG & Values Scores

Environment story

SMPL demonstrates weak environmental disclosure and governance. Scope 1, 2, and 3 emissions are entirely undisclosed in the 10-K filing, triggering automatic deductions. No net-zero target year is stated. The company acknowledges climate-change regulatory risks and supply-chain vulnerability to weather/agricultural disruption but provides no quantified mitigation strategy, emissions baselines, or decarbonization infrastructure investments. Risk factors identify ingredient sourcing sensitivity to climate impacts (cocoa, whey, oils) and acknowledge physical effects of climate change on operations, yet no verified renewable energy commitments or carbon reduction initiatives are documented. The filing contains no evidence of greenwashing (no offset claims detected), but the absence of meaningful environmental data prevents higher scoring.

Criticisms on file

Undisclosed Scope 1, 2, and 3 emissions; no net-zero commitment or target year stated
Source: SMPL 10-K, Item 1A Risk Factors; Climate Change section
Supply-chain carbon exposure via contract manufacturers and ingredient sourcing (nuts, protein, fiber, whey, cocoa, oils) with no verified low-carbon supplier standards disclosed
Source: SMPL 10-K, Risk Factors: Ingredient and packaging costs; Supply chain constraints

Disclosed initiatives

Climate Risk Acknowledgment

10-K Risk Factors section acknowledges climate change effects on agricultural productivity, ingredient supply, and weather-related disruptions; identifies regulatory compliance costs for climate regulations.

Acknowledges risk but no actionable mitigation plan disclosed

Social story

SMPL provides minimal social disclosure. CEO-to-worker pay ratio is not disclosed in the filing. Workforce diversity metrics (gender, race/ethnicity) are absent. No documented union relationships, labor agreements, or NLRB complaints are mentioned. The company identifies risk factors related to labor supply constraints at contract manufacturers and logistics providers but does not disclose internal labor practices, turnover, safety metrics, or supply-chain human-rights audits. Product liability and food-safety recall risks are acknowledged as potential reputational and financial hazards. No supplier diversity program, living-wage commitment, or conflict-minerals policy is evidenced in the filing. The company does not address supply-chain ethics risks related to DRC cobalt or similar high-risk sourcing.

Criticisms on file

No disclosed CEO-to-worker pay ratio, workforce diversity percentages, or labor-relations stance
Source: SMPL 10-K; absence of standard social disclosures
Contract manufacturer labor and human-capital risks acknowledged but not independently audited or mitigated
Source: SMPL 10-K, Risk Factors: Shortages or interruptions in supply; Contract manufacturer quality control
Supply-chain human-rights and conflict-minerals policies not disclosed
Source: SMPL 10-K; absence of modern slavery statement or supply-chain ethics disclosures

Disclosed initiatives

Product Safety and Liability Management

Company maintains product liability insurance and contractual quality-control requirements with contract manufacturers; acknowledges recall and contamination risks.

Defensive measure; no proactive human-rights or labor advancement disclosed

Governance story

SMPL governance structure is not fully disclosed in the 10-K. No dual-class share structure is explicitly mentioned, suggesting single-class common equity. Board independence percentage, composition, and charter independence requirements are not stated in the filing. The company does not disclose annual lobbying expenditures, PAC contributions, or positions on climate/regulatory policy. No active antitrust, consumer-safety, or fraud proceedings are referenced. The filing emphasizes risks related to regulatory compliance (FDA, FTC, state labeling laws, tariffs) but contains no evidence of anti-environmental lobbying or shareholder-rights litigation. Internal control weaknesses over financial reporting are acknowledged as an ongoing concern, including segregation-of-duties risks due to lean staffing. Governance disclosure is sparse; scoring reflects absence of red flags but lack of transparency.

Criticisms on file

Material weaknesses in internal control over financial reporting; lean internal accounting staff creates segregation-of-duties risks
Source: SMPL 10-K, Risk Factors: Internal controls; Section 404 compliance
No disclosed board independence percentage, committee structure, or governance charter
Source: SMPL 10-K; standard governance disclosures absent from provided filing excerpt
No disclosed lobbying expenditures, PAC contributions, or political-engagement stance
Source: SMPL 10-K; absence of political disclosure
Advertising accuracy risk: FTC and NAD regulatory oversight; potential for false/misleading claims sanctions
Source: SMPL 10-K, Risk Factors: Advertising regulated for accuracy

Disclosed initiatives

Internal Control Remediation

Company acknowledges material weaknesses in internal control over financial reporting and ongoing remediation efforts related to segregation of duties.

Defensive compliance measure; addressing known control gaps
Regulatory Compliance Infrastructure

Company maintains compliance procedures for FDA, FTC, state/federal labeling, and export-control regulations; uses contract manufacturers subject to quality-control audits.

Standard compliance function; no evidence of proactive governance enhancement

These are Missionomics' own editorial scores — directional signals built from disclosed facts under a published method, not certifications or definitive ratings of The Simply Good Foods Company. Coverage and confidence vary by data point, and figures can lag real-world changes. Read the full Methodology for sourcing, scoring, and correction details — or open The Simply Good Foods Company in the app for interactive charts and portfolio building.

More in Consumer Defensive

US Foods Holding Corp. (USFD) Performance Food Group Co (PFGC) Coca-Cola Consolidated, Inc. (COKE) BJ's Wholesale Club Holdings, Inc. (BJ) Darling Ingredients Inc. (DAR) Celsius Holdings, Inc. (CELH)