Company Directory - Elastic NV
Company Details - Elastic NV
Elastic NV
WebsiteMountain View, USA
ISIN: US28340J1044
Elastic provides enterprise search technology and analytics solutions, empowering organizations to search, observe, and secure their data through its open, scalable software products.
CCI Score
CCI Score: Elastic NV
27.46
-0.01%
Latest Event
Elastic NV Faces Securities Fraud Lawsuit Over Misleading Financial Guidance
Elastic NV is accused of making materially false statements regarding its sales operations and revenue guidance, leading to a class action securities fraud lawsuit. This alleged misconduct raises serious concerns about the company's ethical business practices.
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DISSENTER
Elastic NV is currently rated as a Dissenter.
Latest Events
- MAR212025
Elastic NV is accused of making materially false statements regarding its sales operations and revenue guidance, leading to a class action securities fraud lawsuit. This alleged misconduct raises serious concerns about the company's ethical business practices.
-60
Business Practices and Ethical Responsibility
March 26
Elastic NV is alleged to have misrepresented its sales operations and revenue forecasts, resulting in significant investor losses. This conduct reflects a serious breach of ethical business practices and transparency, core components of the Business Practices and Ethical Responsibility category. Such unethical behavior can undermine public trust and weaken democratic accountability, indirectly contributing to the broader dynamics of corporate malfeasance amid late-stage capitalism.
Elastic NV (ESTC) Faces Class Action Lawsuit Over Alleged Securities Fraud
- FEB252025
The OpenSecrets profile of Elastic NV from February 25, 2025, reveals that the company contributed a modest $21,740 in the 2024 cycle with no reported lobbying or outside spending. This limited financial involvement in political activities indicates a low level of direct influence on the political process, which is favorable from an anti-fascist perspective.
+30
Political Contributions and Lobbying Efforts
March 26
Elastic NV's political contributions of $21,740, coupled with an absence of lobbying and outside spending in the 2024 cycle, reflect a minimal engagement in political influence activities. This suggests that the company is less likely to be complicit in bolstering authoritarian practices. Although any financial contribution to political campaigns carries inherent risks of influence, the low amount and transparency mitigate concerns from an anti-fascism stance.
- FEB252025
Elastic NV reported modest political contributions ($21,740 in the 2024 cycle) with no federal lobbying or outside spending, according to OpenSecrets data. This limited financial engagement in political processes minimizes the risk of bolstering authoritarian practices, a positive sign from an anti‑fascist perspective.
+20
Political Contributions and Lobbying Efforts
March 26
Elastic NV's reported political contributions of $21,740 and the absence of lobbying or outside spending activities during the 2024 election cycle indicate a limited involvement in influencing political outcomes. From an anti‑fascist viewpoint, this restrained financial activity reduces potential complicity in supporting authoritarian policies, earning a moderately positive score.
- JUN202024
Elastic published its 2023 sustainability report demonstrating meaningful progress in environmental, social, and governance initiatives, including efforts to enhance supplier engagement for carbon reduction. This initiative highlights a commitment to ethical business practices and transparency, contributing positively to the company’s overall responsibility and distancing itself from practices that may empower authoritarian structures.
+70
Business Practices and Ethical Responsibility
March 26
Elastic's sustainability report shows a robust commitment to ESG principles. By focusing on reducing environmental impact and engaging suppliers in shared sustainability initiatives, the company is adopting practices that promote corporate transparency and ethical accountability. These actions contribute positively to its business practices, potentially mitigating risks associated with supporting authoritarian frameworks and reinforcing responsible corporate behavior.
- JUL122022Elastic Releases Inaugural ESG Report Highlighting Ethical and Transparent Corporate Practices
53.06
Elastic NV has released its first ESG report detailing its commitment to environmental stewardship, ethical governance, and fair labor practices. The report outlines strong social impact initiatives, transparent board-level oversight, and an inclusive workforce strategy, positioning the company as a positive force against authoritarian practices.
+70
Public and Political Behavior
March 26
Elastic’s report emphasizes robust board-level oversight and governance practices that promote transparency and accountability, aligning with positive public and political behavior. While the report does not detail direct political contributions, its strong commitment to ethical governance supports a healthy civic environment.
+80
Business Practices and Ethical Responsibility
March 26
The ESG report outlines strong business practices and ethical responsibility, including inclusive hiring, community engagement initiatives through 'Elastic Cares', and fair, consistent pay practices. These measures demonstrate a proactive stance in protecting workers' rights and promoting a positive corporate culture that stands in opposition to exploitative practices.
+60
Technology and Services Impact
March 26
The report highlights Elastic's product societal impact, anchored by its open source roots which enable free access for a broad community including non-profits. Although not directly involved in providing repressive technologies, Elastic’s commitment to open, scalable and transparent technology solutions fosters innovation and democratizes access to enterprise search capabilities.
- DEC312021
Elastic NV released its first ESG-specific report outlining its commitment to environmental, social, and governance practices. The report, covering the period through December 31, 2021, highlights progress in diversity, equity, and inclusion as well as environmental sustainability. This transparency and proactive approach to responsible business practices stands in contrast to corporate behaviors that may otherwise enable authoritarian or fascistic practices.
+80
Business Practices and Ethical Responsibility
March 26
The ESG report reflects Elastic NV's initiative to adopt robust environmental, social, and governance practices. Its emphasis on diversity, equity, and inclusion suggests a conscious effort to uphold fair labor and human rights practices, contributing positively to ethical business behavior. Such transparency and commitment are viewed favorably from an anti-fascist perspective that demands accountability and resistance against authoritarian influences.
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