Company Directory - Accel
Company Details - Accel
Accel
Accel is a venture capital firm that focuses on early and growth-stage technology companies.
CCI Score
CCI Score: Accel
-53.00
0.03%
Latest Event
Investigation Finds VC Firms Failing Human Rights Due Diligence
An investigation highlighted in a recent report by Amnesty International reveals that the vast majority of large venture capital firms are not implementing robust human rights due diligence policies and are lacking diversity, raising serious concerns over their commitment to ethical business practices. Accel, as one of the major VC firms, is implicated in these findings.
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QUISLING
Accel is currently rated as a Quisling.
Latest Events
- MAR242025
An investigation highlighted in a recent report by Amnesty International reveals that the vast majority of large venture capital firms are not implementing robust human rights due diligence policies and are lacking diversity, raising serious concerns over their commitment to ethical business practices. Accel, as one of the major VC firms, is implicated in these findings.
-60
Labor Relations and Human Rights Practices
March 28
Amnesty International's report indicates that most large VC firms, which likely includes Accel, have failed to establish adequate human rights due diligence policies. This lack of oversight not only undermines ethical business practices but also poses risks to worker rights and marginalized communities, elements central to human rights responsibilities.
- DEC132023
A report by Amnesty International USA and the Business & Human Rights Resource Centre highlights that the majority of leading venture capital firms are failing to conduct basic human rights due diligence on their investments in generative AI. Although Accel is not explicitly named in the report, as an active venture capital firm in the technology sector it is implicated by association in neglecting ethical investment practices.
-50
Business Practices and Ethical Responsibility
March 28
The report criticizes leading venture capital firms for ignoring their responsibility to respect human rights by failing to implement due diligence processes as mandated by the UN Guiding Principles on Business and Human Rights. This neglect represents a serious lapse in ethical responsibility in business practices, reflecting negatively on any firm, including Accel, operating in this space.
- OCT012023
An Amnesty International review revealed that Accel, among several top VC firms, lacks a proper human rights due diligence process, potentially leading to investments in companies linked to human rights abuses.
-60
Labor Relations and Human Rights Practices
March 28
The report criticizes Accel for not having adequate human rights due diligence processes. This failure risks enabling investments that may be connected to human rights abuses, undermining ethical business practices and worker rights.
Leading venture capital firms are failing to protect human rights
- AUG042021
An Amnesty International report highlighted that 44 out of 53 of the world's largest venture capital firms lack clear human rights due diligence processes as established by international standards. Although Accel is not explicitly named, as a major VC firm it is likely implicated in these industry‐wide shortcomings, potentially contributing indirectly to human rights abuses through its investments.
-80
Labor Relations and Human Rights Practices
March 28
The report from Amnesty International criticizes the venture capital industry for largely neglecting to implement robust human rights due diligence processes. Given that only one firm among the 53 evaluated met international standards, Accel—as a prominent VC firm—can be seen as part of an industry prone to overlooking ethical labor and human rights practices. This failure to ensure proper due diligence in potentially sensitive human rights issues warrants a strongly negative rating in this category.
Venture Capitalists Don’t Care About Human Rights Abuses, Amnesty Report Shows
- JUL302021
Amnesty International's report highlights that nearly all of the world's largest venture capital firms, including Accel, have failed to establish adequate human rights due diligence policies, raising concerns over their indirect support of companies implicated in repressive practices and labor abuses.
-80
Labor Relations and Human Rights Practices
March 28
The Amnesty International report criticizes top venture capital firms, including Accel, for not implementing robust human rights due diligence processes. This failure not only neglects basic human rights protocols but also indirectly facilitates funding for companies involved in repressive practices, thereby undermining worker rights and contributing to systemic abuses.