Company Directory - Eaton Corporation plc
Company Details - Eaton Corporation plc
Eaton Corporation plc
WebsiteDublin, Ireland
ISIN: IE00B8KGV457
Eaton Corporation plc is a global power management company providing energy-efficient solutions for electrical, hydraulic, and mechanical power across a range of industries. It is known for its innovative products and services that help customers manage power safely and efficiently.
CCI Score
CCI Score: Eaton Corporation plc
6.82
Latest Event
Eaton Corp Political Contributions Analysis
Eaton Corporation plc contributed $56,391 via its PAC during the 2023-2024 election cycle, reflecting corporate political influence that could potentially sway policy decisions in ways that undermine democratic accountability. From an anti-fascist perspective, even modest political contributions can facilitate the pooling of corporate power in politics, thus warranting scrutiny.
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OBJECTOR
Eaton Corporation plc is currently rated as an Objector.
Latest Events
- MAR192025
Eaton Corporation plc contributed $56,391 via its PAC during the 2023-2024 election cycle, reflecting corporate political influence that could potentially sway policy decisions in ways that undermine democratic accountability. From an anti-fascist perspective, even modest political contributions can facilitate the pooling of corporate power in politics, thus warranting scrutiny.
-30
Political Contributions and Lobbying Efforts
March 19
The contribution of $56,391 by Eaton Corp, as detailed by OpenSecrets, highlights the company's involvement in political spending. Such financial contributions, even at a relatively modest level, can be seen as part of a broader pattern of corporate political influence that may support political agendas not aligned with anti-authoritarian values. Given the anti-fascist lens, the corporate use of political funds is a concerning indicator of potential complicity in the erosion of democratic norms.
- FEB192025
An analysis of Eaton Corporation plc's political lobbying activities reveals a high proportion of lobbyists with previous government roles. This revolving door practice raises concerns about potential undue influence on policy-making that may facilitate authoritarian practices. Although the company has not reported outside spending in the current cycle, the reliance on former government officials is worrisome from an anti-fascism perspective.
-30
Political Contributions and Lobbying Efforts
March 19
Data from OpenSecrets indicates that a significant majority of Eaton Corporation plc's lobbyists (12 out of 15 in 2023 and 11 out of 14 in 2024) have previously held government positions. This revolving door phenomenon suggests a close alignment with political power structures and presents risks of undue influence on public policy. Such practices are concerning in the context of rising authoritarian tendencies, as they may facilitate the subversion of democratic accountability.
- JAN012025
Eaton’s published political accountability page outlines its strict ethical guidelines: the company does not make corporate contributions to political candidates or parties and only operates a federal PAC funded by employee contributions. While these practices ensure that corporate funds are not directly used to influence elections, Eaton’s engagement in lobbying through personal contacts and contract lobbyists raises concerns about corporate influence in policymaking. From a left‐leaning perspective, although the governance and oversight mechanisms are commendable, the continued use of lobbying may indirectly support pro-business agendas that can undermine grassroots democratic processes.
+20
Political Contributions and Lobbying Efforts
March 19
Eaton’s Code of Ethics explicitly prohibits using corporate funds for political contributions, demonstrating a commitment to remain politically neutral. However, the company’s operation of a federal PAC funded by employee contributions and its active lobbying efforts indicate involvement in influencing policy, albeit in a controlled and ethically guided manner. This dual approach, while more accountable than outright political funding, nonetheless underscores corporate influence in political arenas, a factor viewed critically by those opposing authoritarian corporate power.
- JAN012025
Eaton’s public disclosure outlines a political accountability framework where its Code of Ethics prohibits the use of corporate funds for political contributions, while the company operates an employee-funded PAC and engages in lobbying activities that are subject to oversight by its Governance Committee. This approach is designed to ensure that political engagement is managed transparently and with community impact in mind.
+25
Political Contributions and Lobbying Efforts
April 3
Eaton expressly prohibits corporate contributions to political candidates or parties, relying instead on employee contributions to fund its PAC along with a structured, approved lobbying process. This demonstrates a commitment to ethically managing political influence even though the use of a PAC and lobbying can still channel business community interests into the political arena.
+25
Executive Political Engagement
April 3
The regular oversight by Eaton’s Governance Committee, which meets with the Senior Vice President of Public and Community Affairs to review political expenditure policies, reflects proactive executive engagement in ensuring that all political activities are conducted responsibly and with clear ethical guidelines.
- OCT212024
Over 400 union workers at Eaton B-Line in Troy, Illinois, have gone on strike demanding a fair wage increase amid alleged exploitative wage practices by the company. The strike highlights significant concerns around labor relations and ethical responsibility within Eaton Corporation plc's operations.
-70
Labor Relations and Human Rights Practices
March 19
The strike by Eaton B-Line workers underlines a serious failure in maintaining fair labor relations and ensuring workers receive livable wages. This event exposes problematic labor practices that undermine worker rights and contribute to economic exploitation, aligning with authoritarian economic policies that benefit from suppressing worker voice. The negative score reflects the company's complicity in practices that may bolster authoritarian economic structures by failing to adequately support its workforce.
Hundreds of Eaton B-Line workers on strike in Troy, Illinois
- SEP162024
On September 16, 2024, over 525 UAW-represented workers at Eaton Aerospace walked off the job in protest over contract negotiations, particularly opposing the push for a two-tier retirement system and perceived excessive executive compensation. The strike underscores deep issues in labor relations, with workers demanding fair wages, quality healthcare, and protections in retirement benefits.
-60
Labor Relations and Human Rights Practices
March 19
The labor dispute at Eaton Aerospace reveals troubling practices in labor relations and worker rights. The company's proposal to phase out a defined benefit retirement plan in favor of a 401(k) scheme—despite record executive compensations—illustrates a prioritization of profit over worker welfare. This approach not only undermines the union's efforts to secure fair compensation and benefits but also aligns with broader corporate practices that can erode worker rights, which is a concerning attribute in the context of rising authoritarian tendencies.
Some 500 UAW members walk off the job at aerospace company in Jackson
- APR232024
Eaton Corporation plc released its Slavery and Human Trafficking Statement detailing strong policies and procedures to prevent forced labor, modern slavery, and child labor. The statement emphasizes robust supplier codes, rigorous audits, and extensive training programs that safeguard human rights across its global operations and supply chain.
+85
Labor Relations and Human Rights Practices
March 19
Eaton's disclosure strongly emphasizes ethical labor practices by explicitly prohibiting forced labor, modern slavery, and child labor. The company's commitment is reinforced by regular training, a robust Code of Ethics, and clear expectations for its suppliers. This proactive stance reflects positively on its labor relations and human rights practices.
+85
Supply Chain Ethics
March 19
The statement highlights Eaton's comprehensive approach to supply chain ethics through a multi-tier supplier code of conduct, mandatory compliance certifications, regular supplier audits, and proactive risk management. These measures ensure that suppliers adhere to high ethical standards and contribute to a responsible global supply chain.
- JAN152024
Eaton was recognized with a 100% score on the Corporate Equality Index and named one of America’s Greatest Workplaces for Diversity by Newsweek, underscoring its deep commitment to inclusive practices and labor rights. These dual honors highlight Eaton’s progressive approach to fostering an equitable work environment.
+85
Labor Relations and Human Rights Practices
April 3
Eaton’s achievement of a 100% score on the Human Rights Campaign Foundation's Corporate Equality Index, along with its recognition as one of America’s Greatest Workplaces for Diversity, reflects its strong commitment to labor rights and the inclusion of marginalized communities. These actions contribute positively by promoting an equitable work environment and opposing authoritarian practices that undermine diversity.
Eaton Receives Dual Honors for Its Commitment to Inclusion and Diversity
- DEC312023
Eaton Corporation published its annual slavery and human trafficking statement for the year ended December 31, 2023 outlining its robust Supplier Code of Conduct, supplier audits, and compliance measures under the UK Modern Slavery Act 2015 and the California Transparency in Supply Chains Act. The statement emphasizes strict prohibitions against forced labor, modern slavery, and human trafficking both within its operations and throughout its global supply chain.
+80
Labor Relations and Human Rights Practices
April 3
Eaton’s statement explicitly prohibits forced labor, modern slavery, and human trafficking and outlines comprehensive measures including annual training, rigorous supplier audits, and strict adherence requirements. This demonstrates a strong commitment to labor rights and human dignity, aligning with progressive, anti-authoritarian labor practices.
+75
Supply Chain Ethics
April 3
The detailed Supplier Code of Conduct and continuous monitoring and auditing processes outlined in the statement underscore Eaton's commitment to ethical sourcing and supply chain transparency. These measures help mitigate risks related to forced labor and modern slavery, reflecting strong ethical supply chain practices.
- OCT012023
Eaton Corporation plc has outlined a robust supply chain management strategy that emphasizes ethical sourcing, supplier diversity, and strict adherence to responsible labor and human rights practices. This approach not only improves transparency within its supplier network but also reinforces ethical business practices that counter authoritarian tendencies.
+80
Labor Relations and Human Rights Practices
March 19
Eaton's supply chain policies explicitly require suppliers to affirm commitments to responsible labor and human rights practices, ensuring that worker rights are upheld and that any risks of labor exploitation are minimized. This proactive approach supports ethical labor practices and counters narratives that may enable authoritarian economic structures.
+80
Supply Chain Ethics
March 19
Eaton's emphasis on a comprehensive Supplier Code of Conduct and its transparent supply chain management practices illustrate a strong commitment to ethical sourcing. By enforcing supplier adherence to strict ethical guidelines and sustainability metrics, the company minimizes risks associated with forced labor and other human rights abuses, reinforcing principles that oppose fascist and authoritarian economic models.
- AUG292022
Eaton Corporation's acquisition of Tripp Lite played a role in facilitating a transaction that resulted in a multibillion-dollar infusion to Marble Freedom Trust, a politically active conservative non-profit linked to GOP influencer Leonard Leo. This deal has raised concerns about the indirect support of far‑right political activities and authoritarian agendas.
-60
Political Contributions and Lobbying Efforts
March 19
Eaton Corporation’s acquisition of Tripp Lite facilitated a transaction that indirectly funneled a massive amount of money to Marble Freedom Trust, a conservative non‑profit with ties to GOP activist Leonard Leo. This event can be seen as undermining democratic accountability by bolstering politically charged, far‑right influence. The involvement raises red flags regarding the company’s potential complicity in supporting authoritarian and anti‑democratic agendas through its indirect financial maneuvers.
- AUG292022
Eaton Corporation's acquisition of Tripp Lite, following Barre Seid's donation, indirectly facilitated a $1.65 billion infusion to the conservative nonprofit Marble Freedom Trust, which is controlled by GOP activist Leonard Leo. The transaction has raised concerns about the company's indirect role in bolstering far‐right political influence.
-70
Political Contributions and Lobbying Efforts
April 3
The transaction, by indirectly channeling a massive sum to Marble Freedom Trust—a conservative nonprofit linked to influential far‑right political actor Leonard Leo—supports authoritarian political influence. This use of corporate resources, even if indirectly, is seen as undermining democratic processes and contributing to the concentration of power in far‑right networks.
- JUN302022
During Q2 2022, Eaton Corporation exited business operations in Russia in response to the war with Ukraine. The company enhanced its risk-based due diligence processes—implementing new screening tools, updated certification and contract terms, and additional red flag review measures—to prevent product diversion and ensure ethical supply chain practices.
+65
Supply Chain Ethics
April 3
Eaton’s decision to exit operations in Russia combined with enhanced due diligence processes for its supply chain demonstrates a robust commitment to ethical business practices. By preventing its products from potentially supporting authoritarian regimes, Eaton shows clear adherence to supply chain ethics and responsible sourcing.
+40
Public and Political Behavior
April 3
Exiting the Russian market amid the ongoing war with Ukraine sends a clear political message opposing authoritarian aggression. This action aligns Eaton’s corporate strategy with anti-authoritarian values and underscores its commitment to ethical conduct in politically charged contexts.
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Corporate Financials
- Revenue
- 2025
- $23.20B
- Total Assets
- 2025
- $67.00B
- Operating Income
- 2025
- $5.10B
- Total Equity
- 2025
- $18.00B
Employees: 102,000
Industries
- 332999
- All Other Miscellaneous Fabricated Metal Product Manufacturing
- 333611
- Turbine and Turbine Generator Set Units Manufacturing
- 333612
- Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing
- 334513
- Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables
- 335311
- Power, Distribution, and Specialty Transformer Manufacturing
- 335312
- Motor and Generator Manufacturing
- 335999
- All Other Miscellaneous Electrical Equipment and Component Manufacturing
- 336320
- Motor Vehicle Electrical and Electronic Equipment Manufacturing
- 423610
- Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers
