Company Directory - GATX Corporation
Company Details - GATX Corporation
GATX Corporation
WebsiteChicago, USA
GATX Corporation is a leading provider of railcar leasing services, specializing in tank cars and various types of transportation equipment that support a diverse range of industries worldwide.
CCI Score
CCI Score: GATX Corporation
11.74
-0.01%
Latest Event
GATX Corporation Faces Trial Over Derailment Settlement Responsibility
A trial set to begin on March 30, 2025, will determine whether GATX Corporation, the owner of the railcar involved, must share responsibility for a $600 million class-action settlement following a catastrophic train derailment that released toxic chemicals. GATX maintains it complied with all relevant regulations, arguing that the railroad should have identified damage from events such as Hurricane Harvey.
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SABOTEUR
GATX Corporation is currently rated as a Saboteur.
Latest Events
- MAR302025
A trial set to begin on March 30, 2025, will determine whether GATX Corporation, the owner of the railcar involved, must share responsibility for a $600 million class-action settlement following a catastrophic train derailment that released toxic chemicals. GATX maintains it complied with all relevant regulations, arguing that the railroad should have identified damage from events such as Hurricane Harvey.
- DEC312024
In Q4 2024, GATX Corporation disclosed spending $27,000 on lobbying efforts related to issues including railway safety and infrastructure legislation, as reported by Nasdaq. The filing indicates the company's ongoing involvement in influencing public policy.
-20
Political Contributions and Lobbying Efforts
March 30
GATX Corporation’s disclosure of $27,000 in lobbying expenditures, aimed at influencing legislation on issues such as railway safety and infrastructure investment, represents a form of corporate political influence that can undermine democratic accountability. From an anti-fascist perspective, such political lobbying raises concerns about corporate interference in public policy processes.
Lobbying Update: $27,000 of GATX CORPORATION lobbying was just disclosed
- DEC312024
GATX Corporation disclosed $190,000 in lobbying expenditures from Q4 2024, targeting issues such as rail safety reform, locomotive emissions, and infrastructure investment legislation. This action is interpreted as corporate political influence that may contribute to shaping policies in favor of corporate interests over the public good.
-40
Political Contributions and Lobbying Efforts
March 30
The disclosed $190,000 in lobbying expenditures indicates that GATX Corporation is actively engaging in efforts to shape legislative outcomes. The lobbying on issues like rail safety reform and infrastructure investment can be seen as leveraging corporate influence over public policy, which may align with broader concerns of corporate overreach and undermining democratic processes. From an anti-fascist perspective, such corporate political interventions are negative as they tend to skew policymaking in favor of business interests rather than the needs of workers and marginalized communities.
Lobbying Update: $190,000 of GATX CORPORATION lobbying was just disclosed
- MAY212024
GATX Corporation released its UK Modern Slavery Act Statement for the financial year ending December 31, 2023. The statement outlines policies and training initiatives aimed at preventing modern slavery and human trafficking in its operations and supply chains, and was approved by the Board on May 21, 2024.
+80
Labor Relations and Human Rights Practices
March 30
The statement provides clear measures to uphold labor rights by implementing a Human Rights Policy, Code of Business Conduct and Ethics, and mandatory training for employees. These measures promote safe working conditions and discourage forced labor and human trafficking, aligning well with anti-fascist and pro-worker values.
+60
Supply Chain Ethics
March 30
The document outlines the use of a Supplier Code of Conduct and due diligence processes to mitigate the risks of forced labor in its supply chain. Although the company has not yet undertaken a formal risk assessment across its supply chains, the established controls indicate a commitment to ethical sourcing aligned with anti-fascist business practices.
- MAY212024
GATX Corporation published its 2023 report detailing the policies and actions intended to prevent forced labour and child labour in its supply chains and operations. The report outlines its Human Rights Policy, Code of Business Conduct, Supplier Code of Conduct, mandatory employee training, and an ethics & compliance portal, while also noting areas where formal risk identification in deeper supply chains is still pending.
+70
Supply Chain Ethics
March 30
The report highlights GATX's proactive measures to uphold ethical standards in its supply chains, including clear supplier codes, mandatory training, and an accessible Ethics & Compliance Portal. These measures contribute positively to preventing forced labour and child labour. However, the absence of a formal process to identify risks deeper in the supply chain prevents a higher rating.
PDF Fighting Against Forced Labour and Child Labour in Supply Chains - GATX
- JAN012024
Data from OpenSecrets indicates that during the 2024 cycle, GATX Corporation recorded modest campaign contributions ($12,918) but engaged in relatively high lobbying expenditures ($314,000) and exhibited significant revolving door trends, with 100% of its 2023 lobbyists having previously held government positions and 50% in 2024. These factors raise concerns about the company’s potential to secure undue political influence.
-15
Political Contributions and Lobbying Efforts
March 30
The OpenSecrets profile shows that while GATX’s campaign contributions are relatively low, its lobbying spending of $314,000 in the 2024 cycle is notable. This, combined with the revolving door statistic, suggests a worrisome level of corporate investment in political influence that can facilitate access and undue sway in policymaking.
-10
Executive Political Engagement
March 30
Revolving door information from the profile reveals that all of GATX’s lobbyists in 2023 and half in 2024 formerly held government positions. This pattern raises concerns over potential conflicts of interest and the entrenchment of corporate access in political decision-making.
- JAN012023
GATX Corporation published its Modern Slavery Reports, emphasizing its commitment to ethical business practices by addressing forced labour and child labour within its supply chains.
+80
Supply Chain Ethics
March 30
GATX's publication of its Modern Slavery Reports demonstrates a proactive stance against forced labour and child labour in its supply chains. This effort to ensure ethical sourcing and labor practices reflects a commitment to upholding human rights and aligns with anti-fascist ideals by protecting vulnerable workers.
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Industries
- 488210
- Support Activities for Rail Transportation
- 532412
- Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing
- 532490
- Other Commercial and Industrial Machinery and Equipment Rental and Leasing