Company Directory - Commercial Metals Company
Company Details - Commercial Metals Company
CCI Score
CCI Score: Commercial Metals Company
3.42
Latest Event
PAC Profile Highlights Lobbying Activity by Commercial Metals Co
An OpenSecrets profile indicates that Commercial Metals Co is connected to a PAC that engages in political lobbying by hiring former White House and Congressional staffers, raising concerns over corporate influence in shaping public policy and potentially undermining democratic processes.
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OBJECTOR
Commercial Metals Company is currently rated as an Objector.
Latest Events
JUN282025An OpenSecrets profile indicates that Commercial Metals Co is connected to a PAC that engages in political lobbying by hiring former White House and Congressional staffers, raising concerns over corporate influence in shaping public policy and potentially undermining democratic processes.
-40
Political Contributions and Lobbying Efforts
July 3
The article from OpenSecrets outlines the PAC profile of Commercial Metals Co, indicating significant political contributions and lobbying efforts. By employing former government officials to influence policy, the company displays a level of political engagement that can contribute to corporate capture of political processes, posing potential risks to democratic and equitable policymaking.
- OCT012023
The FEC filing for Commercial Metals Company PAC (CMC PAC) provides a detailed financial summary of the committee’s contributions and disbursements. This corporate PAC is a vehicle for Commercial Metals Company’s political engagement, reflecting corporate involvement in the political process that can potentially influence policy in ways that undermine democratic accountability.
-10
Political Contributions and Lobbying Efforts
July 3
The disclosure of financial contributions and disbursements through the Commercial Metals Company PAC indicates a level of corporate political activity. While there is no explicit evidence linking these funds to the promotion of far‐right or authoritarian policies, the use of a corporate PAC to potentially influence politics raises concerns regarding democratic accountability and corporate interference, meriting a modest negative score from an anti‐authoritarian perspective.
- AUG032023
On August 3, 2023, Commercial Metals Company announced its support for the Global Steel Climate Council's newly released Steel Climate Standard, a transparent, technology-agnostic approach to measuring and reporting carbon emissions as outlined by the Paris Climate Agreement. This move underscores the company’s commitment to environmental accountability and sustainable business practices.
+70
Business Practices and Ethical Responsibility
July 3
By endorsing a global standard for carbon emissions, CMC is promoting transparency and accountability in its business practices, which aligns with progressive environmental and ethical business practices. This support for an open reporting system helps guide the industry toward sustainable decarbonization, a move viewed positively from an anti-authoritarian perspective that favors corporate responsibility and transparency.
Commercial Metals Company Supports a Global Standard to Measure and Report Carbon Emissions
- NOV212022
Commercial Metals Company released its Political Contributions Policy on November 21, 2022. The policy outlines that political spending is to be managed directly by the company rather than through third party groups, with oversight by the executive leadership team to ensure accountability, transparency, and adherence to legal and ethical standards.
+60
Political Contributions and Lobbying Efforts
July 3
The policy demonstrates a commitment to clear and accountable political contributions by mandating direct control and executive oversight, which minimizes the risk of covert or partisan funding that could support authoritarian agendas. This proactive stance on political spending, including avoiding third party channels and ensuring transparency, aligns with anti-fascist values by reducing the potential for misuse of corporate funds in support of extremist political interests.
- JAN012022
In 2022, Commercial Metals Company incurred a workplace safety or health violation with an OSHA penalty of $29,004, underscoring inadequacies in ensuring safe working conditions.
-40
Labor Relations and Human Rights Practices
July 3
The 2022 workplace safety violation demonstrates significant lapses in maintaining a safe work environment, which directly impacts worker protection and rights.
- JAN012008
In 2008, CMC Steel Fabricators, Inc., associated with Commercial Metals Company, was penalized $30,188 for a wage and hour violation, indicating issues with fair labor practices and worker compensation.
-40
Labor Relations and Human Rights Practices
July 3
The 2008 wage and hour violation penalty highlights a failure to uphold fair labor practices and worker rights, suggesting negligence in ensuring equitable pay and working conditions.
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Corporate Financials
- Revenue
- 2022
- $6.00B
- Total Assets
- 2022
- $5.00B
- Operating Income
- 2022
- $600.00M
- Total Equity
- 2022
- $2.00B
Industries
- 331110
- Iron and Steel Mills and Ferroalloy Manufacturing
- 331210
- Iron and Steel Pipe and Tube Manufacturing from Purchased Steel
- 331492
- Secondary Smelting, Refining, and Alloying of Nonferrous Metal (except Copper and Aluminum)
- 423510
- Metal Service Centers and Other Metal Merchant Wholesalers