Company Directory - Apple Pay
Company Details - Apple Pay
Apple Pay
WebsiteCupertino, United States
ISIN: US0378331005
Apple Pay is a mobile payment and digital wallet service by Apple Inc. that allows users to make payments using their Apple devices. It facilitates transactions through contactless technology, enabling users to pay in stores, apps, and online, while providing a secure and user-friendly payment experience using biometric authentication like Face ID or Touch ID.
CCI Score
CCI Score: Apple Pay
-52.65
0.03%
Latest Event
Apple Labor Audit Excludes Unionized Workers
Following investor pressure, Apple agreed to an independent audit of its US labor practices in January, but workers at unionized Apple Stores allege that the audit is being manipulated to exclude them, raising concerns of anti-union practices within the company.
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Latest Events
- OCT262023
Following investor pressure, Apple agreed to an independent audit of its US labor practices in January, but workers at unionized Apple Stores allege that the audit is being manipulated to exclude them, raising concerns of anti-union practices within the company.
-70
Labor Relations and Human Rights Practices
April 2
The article reports that despite an independent labor audit being established due to investor concerns over workers' treatment, unionized Apple Store employees claim that they have been excluded from the audit process. This exclusion undermines fair assessment of labor practices and reinforces an anti-union environment, contributing to authoritarian corporate behavior that neglects worker rights.
Apple Store Workers Fear the Tech Giant Is Dodging Accountability for Shady Labor Practices
- OCT012023
Apple is resisting shareholder demands for greater transparency on forced labour practices in its supply chain, raising concerns about the company’s commitment to ethical labor practices.
-60
Labor Relations and Human Rights Practices
April 2
Apple's decision to resist shareholder calls for transparency on forced labour in its supply chain highlights a disregard for addressing labor rights violations. This action undermines efforts to ensure ethical treatment of workers, thereby reflecting a negative stance on labor relations and human rights practices.
Apple fights shareholder call for more transparency on forced labour
- JUL012023
An investigation by China Labor Watch into Foxconn’s Chengdu factory, a key supplier for Apple, uncovered severe labor rights abuses including forced overtime, discrimination based on ethnic background and gender, exploitation of dispatch workers, and other illegal labor practices. The report highlights ongoing issues within Apple’s supply chain despite claims of high corporate social responsibility.
-85
Labor Relations and Human Rights Practices
April 2
The investigation detailed grave labor rights violations at Foxconn’s Chengdu factory, including forced overtime, discriminatory recruitment practices, and inadequate worker protections. As Apple is a major client of Foxconn, these practices reflect poorly on Apple’s oversight of labor conditions within its supply chain, indicating a significant breach in labor relations and human rights practices.
Investigation of an Apple Supplier: Chengdu Foxconn Report in 2023
-75
Supply Chain Ethics
April 2
The report underscores systemic supply chain ethics issues with Foxconn, where reliance on labor dispatch workers and non-compliance with legal labor standards expose vulnerabilities in Apple’s global sourcing practices. These issues aggravate ethical concerns about the supply chain’s responsibility to uphold fair labor practices.
Investigation of an Apple Supplier: Chengdu Foxconn Report in 2023
- DEC312022
According to public disclosures, Apple raised its lobbying spending by 44% in 2022 to nearly $9.4 million, engaging on issues ranging from antitrust to online privacy, tax, and more. This aggressive political influence effort reflects a broader trend among tech giants aiming to shape regulatory outcomes.
-70
Political Contributions and Lobbying Efforts
April 2
Apple’s significant increase in lobbying spending, rising by 44% to a record nearly $9.4 million in 2022, indicates a deliberate effort to influence policy on issues including antitrust, online privacy, tax, and more. Such aggressive political spending contributes to the corporate capture of regulatory processes, aligned with interests that can undermine progressive reforms and reinforce entrenched power structures.
Apple ramped up lobbying spending in 2022, outpacing tech peers
- JUL212022
Apple, amidst increasing antitrust scrutiny, significantly ramped up its lobbying expenditures—forking over a record $4.6 million in the first half of 2022—and CEO Tim Cook has notably increased his direct engagement with lawmakers, marking a shift from his previous hands-off political approach.
-65
Political Contributions and Lobbying Efforts
April 2
Apple's record $4.6 million lobbying expenditure and the registration of new lobbying organizations indicate a deliberate effort to influence antitrust regulation in its favor. This aggressive political contribution strategy raises concerns about the company's prioritization of market dominance over public accountability and democratic oversight.
Apple and Tim Cook crank up lobbying efforts amid antitrust scrutiny
-60
Executive Political Engagement
April 2
Tim Cook's transition from a traditionally non-political stance to frequent Capitol Hill engagements and regular meetings with lawmakers demonstrates an active effort to leverage executive influence in shaping policy outcomes. This increased political involvement by Apple's leadership is viewed as prioritizing corporate self-interest over transparent and accountable governance.
Apple and Tim Cook crank up lobbying efforts amid antitrust scrutiny
- JUN302022
Apple significantly increased its lobbying activities in the first half of 2022, spending a record $4.6 million, registering new lobbying organizations, and involving CEO Tim Cook in active engagements with lawmakers to counter antitrust scrutiny.
-50
Political Contributions and Lobbying Efforts
April 2
Apple's record lobbying expenditure and creation of new lobbying organizations, along with efforts to influence committee dynamics and relevant legislation, point to deliberate attempts to shape policy in favor of corporate interests, which can undermine democratic accountability.
Apple has become a lobbying powerhouse amid growing antitrust scrutiny
-40
Executive Political Engagement
April 2
Reports indicate that CEO Tim Cook and Apple lobbyists are actively engaging with Capitol Hill, meeting with lawmakers to advocate for regulatory changes favorable to Apple, highlighting executive political engagement that prioritizes corporate advantage over democratic norms.
Apple has become a lobbying powerhouse amid growing antitrust scrutiny
- JUN302022
OpenSecrets analysis revealed that Apple spent a record $4.6 million on federal lobbying during the first half of 2022 to influence antitrust-related legislation, raising concerns about its efforts to protect its market dominance and resist regulatory reform.
-70
Political Contributions and Lobbying Efforts
April 2
Apple’s unprecedented lobbying expenditure, aimed at shaping antitrust legislation such as the American Innovation and Choice Online Act and the Open App Markets Act, reflects a deliberate effort to counter reforms that would curb monopolistic practices. This aggressive lobbying strategy may contribute to undermining progressive policy initiatives and democratic accountability, aligning the company with anti-transparency corporate political behavior.
Apple ramped up lobbying as antitrust lawsuits and legislation loomed • OpenSecrets
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