Company Directory - BT Group plc
Company Details - BT Group plc
BT Group plc
WebsiteLondon, United Kingdom
ISIN: GB0030913578
BT Group plc is a British multinational telecommunications holding company headquartered in London, UK. It provides a wide range of communications services including fixed-line, broadband, mobile, and television services to both consumers and businesses around the world.
CCI Score
CCI Score: BT Group plc
58.67
-0.03%
Latest Event
UK Govt Approves Acquisition with National Security Oversight at BT
Following Bharti Global's acquisition of a 24.5% stake in BT, the UK government approved the deal subject to BT establishing a National Security Committee to oversee its strategic work. This measure aims to mitigate national security risks related to BT’s role in supporting domestic and international governmental initiatives.
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LEADER
BT Group plc is currently rated as a Leader.
Latest Events
- DEC162024
Following Bharti Global's acquisition of a 24.5% stake in BT, the UK government approved the deal subject to BT establishing a National Security Committee to oversee its strategic work. This measure aims to mitigate national security risks related to BT’s role in supporting domestic and international governmental initiatives.
+50
Public and Political Behavior
March 29
The UK government's decision to approve the acquisition under strict national security conditions demonstrates robust public and political oversight. By mandating the establishment of a National Security Committee at BT, the move aligns with safeguarding democratic interests and ensuring the company continues to serve critical government functions.
UK govt approves Bharti Global's acquisition of 24.5% stake in BT
+20
Economic and Structural Influence
March 29
The conditional approval of the acquisition, which enforces the creation of a National Security Committee at BT, reflects a commitment to protecting the country's critical telecommunications infrastructure and economic interests from undue foreign influence.
UK govt approves Bharti Global's acquisition of 24.5% stake in BT
- JUN042024
BT Group plc published its ninth annual Modern Slavery Statement for the financial year 2023/24, detailing its policies and actions to prevent modern slavery within its operations and supply chain. The document outlines governance, risk assessment, due diligence measures including supplier assessments, targeted worker voice initiatives in several supply chain sites across Asia, and corrective actions regarding recruitment fee practices.
+75
Labor Relations and Human Rights Practices
March 29
BT Group's statement commits to strong human rights practices and clear measures to combat modern slavery, including comprehensive due diligence and worker training initiatives. This demonstrates a robust approach to supporting labor rights and addressing ethical concerns in its business operations.
+70
Supply Chain Ethics
March 29
The statement provides detailed insights into BT Group’s supply chain due diligence practices, including on-site assessments and the use of digital worker voice initiatives to monitor and address potential modern slavery risks. This proactive approach to ethical sourcing and supplier engagement reinforces its commitment to combat human trafficking.
- OCT012023
BT Group plc has published policies and commitments aimed at combating modern slavery, including human trafficking, child labour, servitude, and forced labour in its operations and supply chains. The initiative demonstrates the company’s commitment to upholding human rights and responsible business practices.
+80
Labor Relations and Human Rights Practices
October 1
BT Group’s public statement and policy initiative against modern slavery affirm their commitment to protect vulnerable workers and enforce human rights standards. By taking a firm stance against human trafficking, forced labour and child labour, the company supports progressive labor practices and ethical responsibility, which is essential in countering exploitation and authoritarian labor practices.
Fighting modern slavery - Responsible - Responsible business
- MAY252023
A BT Group colleague raised concerns via the Speak Up channel about potential migrant worker exploitation in its UK supply chain. The company promptly reported the matter to legal authorities (GLAA) and engaged the human rights charity Unseen to conduct an onsite investigation, as detailed in its Modern Slavery Statement 2022/23.
+70
Labor Relations and Human Rights Practices
March 29
BT Group demonstrated a firm commitment to protecting workers' rights by promptly addressing an internal report of potential migrant worker exploitation. The swift referral to legal agencies and initiation of an investigation highlights strong adherence to labor rights and human dignity.
+60
Supply Chain Ethics
March 29
The company’s robust due diligence measures in its supply chain, including on‐site assessments and digital monitoring, and its collaborative approach with third‐party experts like Unseen to investigate potential human rights issues, reflect proactive management of supply chain ethics.
- JAN012023
BT Group has announced a cost of living pay rise for its UK employees earning £50,000 or less, benefiting 85% of its UK workforce. The move follows union consultations with the Communication Workers Union (CWU) and Prospect, and is designed as a consolidated salary increase effective from January 1, 2023.
+80
Labor Relations and Human Rights Practices
March 29
BT Group's decision to implement a cost of living pay rise for lower-paid staff, following strong union recommendations and consultations, reflects a commitment to progressive labor practices and worker rights. By targeting employees earning £50,000 or less and extending benefits to frontline staff, the move supports economic equity and opposes authoritarian business practices that undermine worker welfare.
- NOV282022
BT Group reached an agreement with union officials to provide a pay rise of up to 16% for workers earning below £50,000, benefiting 85% of its UK staff. This deal, influenced by previous strike actions, aims to improve wages and prevent further labor disruptions.
+80
Labor Relations and Human Rights Practices
March 29
BT Group's agreement to raise wages in response to union-led strikes demonstrates a strong commitment to labor rights. Addressing workers' pay concerns following significant strike action indicates a shift away from authoritarian management practices and a move toward fair treatment and ethical labor practices.
BT and unions agree pay rise of up to 16% to stop more strikes
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Industries
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- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
- 541511
- Custom Computer Programming Services
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- Wired Telecommunications Carriers
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- Wireless Telecommunications Carriers (except Satellite)