Company Directory - Koch Industries
Company Details - Koch Industries
Koch Industries
WebsiteWichita, United States
Koch Industries is a multinational corporation involved in various sectors, including refining, chemicals, biofuels, fertilizers, fibers, minerals, and energy services, among others. The company is known for its significant role in the oil and gas industry and is one of the largest privately held companies in the United States.
CCI Score
CCI Score: Koch Industries
-44.89
0.03%
Latest Event
Koch Industries' Political Influence and Revolving Door Practices
Data from OpenSecrets reveals that in the 2024 election cycle, Koch Industries contributed over $49 million and spent more than $11 million on lobbying. Additionally, a high proportion of its lobbyists (27 out of 30 in 2023 and 25 out of 30 in 2024) are former government officials, indicating a revolving door that raises concerns about undue influence over policy-making.
Take Action
So what can you do? It's time to make tough choices. Where will you cast your vote?
- Shop Alternatives
SEE ALL - Use Your Voice
OTHER TOOLS - Investigate
- Share the Score
SUPPORT CCI
TOADIE
Koch Industries is currently rated as a Toadie.
Latest Events
- FEB062025
Data from OpenSecrets reveals that in the 2024 election cycle, Koch Industries contributed over $49 million and spent more than $11 million on lobbying. Additionally, a high proportion of its lobbyists (27 out of 30 in 2023 and 25 out of 30 in 2024) are former government officials, indicating a revolving door that raises concerns about undue influence over policy-making.
-80
Political Contributions and Lobbying Efforts
April 1
Koch Industries' substantial political contributions and lobbying expenditures, totaling over $49 million and $11.2 million respectively in the 2024 cycle, illustrate a significant investment in influencing political outcomes. These actions contribute to an environment where corporate money can distort democratic processes and support authoritarian tendencies.
-75
Executive Political Engagement
April 1
The data highlights a revolving door scenario, with a large majority of Koch Industries' lobbyists being former government employees. This practice facilitates undue influence by leveraging insider knowledge and relationships, compromising democratic accountability and elevating concerns about corporate interference in public policy.
- JUL012024
Koch Industries contributed $40 million to the AFP Action super PAC during the 2024 election cycle, bolstering efforts to support Republican candidates and policies that favor ultra-wealthy interests and entrench authoritarian tendencies.
-75
Political Contributions and Lobbying Efforts
April 1
Koch Industries donated $40 million to AFP Action, a super PAC that has significantly increased its spending to support Republican candidates and maintain conservative, far-right policy frameworks. This political contribution reinforces corporate influence in the electoral process and promotes policies that benefit the wealthy and entrench authoritarian practices.
- FEB262024
Koch Industries' planned $3.6 billion acquisition of a fertilizer plant in Iowa has drawn criticism from farm groups and lawmakers. They warn that the deal will further entrench Koch’s dominant market position, reduce competition in the nitrogen-based fertilizer market, potentially drive up fertilizer prices, and jeopardize job security at the plant.
-30
Public and Political Behavior
April 1
Lawmakers and farm advocacy groups have reacted strongly by urging regulatory intervention. This political backlash indicates that Koch Industries’ move could negatively impact democratic oversight by consolidating market power in a key agricultural sector.
Koch fertilizer plant acquisition draws concerns from farm groups, lawmakers
-40
Economic and Structural Influence
April 1
The acquisition would deepen Koch Industries' dominance in the fertilizer market, a move that raises issues of economic consolidation. Critics warn that such concentration can harm market competition, suppress price fairness, and undermine job security, all of which have broader implications for democratic economic structures.
Koch fertilizer plant acquisition draws concerns from farm groups, lawmakers
- DEC312023
Koch Industries spent $8,140,000 on lobbying in 2023, a large sum that underscores its efforts to influence U.S. policy potentially favoring corporate interests at the expense of democratic accountability.
-60
Political Contributions and Lobbying Efforts
April 1
The reported $8.14 million expenditure on lobbying in 2023 reflects Koch Industries’ significant influence over the political process. From an anti-fascist perspective, such large-scale lobbying efforts can be seen as a strategy to shape policies in favor of corporate and far-right interests, thereby undermining progressive democratic values.
- OCT012023
Koch Industries has been reported to continue its business operations in Russia despite the full-scale military invasion of Ukraine, which raises concerns about its indirect support for authoritarian aggression. This decision comes amid widespread corporate withdrawals and sanctions aimed at undermining Russia's war efforts.
-80
Economic Collaboration
April 1
By continuing its business operations in Russia during an active military invasion, Koch Industries is seen as engaging in economic collaboration with an authoritarian regime. Such practices may indirectly contribute to supporting a government implicated in war crimes, thus reflecting a negative stance on workers' rights and ethical business conduct.
- APR152023
Koch Industries has been actively lobbying to protect its fossil fuel interests by supporting legislation that limits competition from renewable energy sectors, including blocking net metering policies and incentives for electric vehicles, as well as undermining environmental regulations.
-65
Political Contributions and Lobbying Efforts
April 1
The company's lobbying efforts to curtail the growth of renewable energy and weaken environmental regulations demonstrate a prioritization of fossil fuel interests over public and environmental welfare, thereby consolidating power in ways that can support authoritarian policies.
The Dark Side of Koch Industries: Labor Law Violations, Discrimination, and Political Interference
- OCT012020
The article details how Koch Industries has leveraged its political clout to undermine federal regulatory frameworks, including efforts to overturn the Chevron doctrine. By using its connections with judicial and political entities, Koch has minimized penalties for environmental and safety violations, a move seen as weakening government oversight.
-60
Public and Political Behavior
April 1
The article highlights Koch Industries’ long-standing use of political influence to shield itself from regulatory repercussions. Their maneuvering to influence judicial outcomes—particularly efforts aimed at undermining key regulatory doctrines—demonstrates an abuse of political power that contributes to weakening democratic oversight.
Koch Industries and the Attack on Regulation - Inequality.org
-70
Regulatory Capture
April 1
Koch Industries’ history of settling numerous regulatory cases with minimal penalties and its current efforts to leverage judicial influence to weaken federal oversight reflect classic examples of regulatory capture. This strategy undermines essential environmental, consumer, and labor protections and contributes to a broader agenda that de-emphasizes accountability.
Koch Industries and the Attack on Regulation - Inequality.org
- JAN012019
In 2019, Koch Industries settled a lawsuit with the Equal Employment Opportunity Commission (EEOC) for $2.2 million over allegations that its background check policy disproportionately affected African American applicants.
-60
Labor Relations and Human Rights Practices
April 1
The settlement with the EEOC highlights discriminatory practices in Koch Industries' hiring policies, indicating a failure to uphold fair labor and human rights standards.
The Dark Side of Koch Industries: Labor Law Violations, Discrimination, and Political Interference
- JAN012019
In 2019, Koch Industries was fined $3 million by the Federal Election Commission (FEC) for making improper political contributions, including donations to unregistered political action committees and exceeding legal limits.
-70
Political Contributions and Lobbying Efforts
April 1
The FEC fine underscores Koch Industries' engagement in problematic political contributions and lobbying activities that undermine democratic accountability and contribute to authoritarian corporate influence.
The Dark Side of Koch Industries: Labor Law Violations, Discrimination, and Political Interference
- OCT292018
The article reports that Koch Industries has been funneling significant money through politically active groups like Americans for Prosperity to oppose state-level climate initiatives that target fossil fuel expansion. This funding effort is part of a broader strategy by Big Oil to tilt state policies in favor of industry interests, effectively undermining democratic mechanisms intended to combat climate change.
-80
Political Contributions and Lobbying Efforts
April 1
Koch Industries' financial backing of campaigns to defeat state climate initiatives, as detailed in the article, reveals a deliberate use of corporate wealth to influence public policy against the public interest. This action reinforces the asymmetric power dynamics in which Big Oil can override citizen-led environmental efforts, contributing to authoritarian corporate influence.
Koch Industries and BP are trying to kill state climate initiatives
- JAN012011
In 2011, Koch Industries hired a private investigation firm to investigate journalist Jane Mayer, an action seen as an intimidation tactic aimed at silencing critics and deterring investigative reporting.
-75
Executive Political Engagement
April 1
The use of a private investigation firm to probe a journalist's background constitutes an abuse of corporate power and an attempt to suppress free speech and political dissent, reflecting deep-rooted issues in executive political engagement.
The Dark Side of Koch Industries: Labor Law Violations, Discrimination, and Political Interference
- JAN012011
In 2011, Koch Industries was found guilty of violating federal workplace safety regulations following a 1996 pipeline explosion that resulted in fatalities and injuries. The company has also faced allegations of union-busting, misclassification of workers, and other unfair labor practices.
-80
Labor Relations and Human Rights Practices
April 1
Koch Industries was held accountable for severe labor violations including failure to maintain federal workplace safety standards, resulting in fatalities, and allegations of union busting and worker exploitation, which underlines the company's negative labor relations practices.
The Dark Side of Koch Industries: Labor Law Violations, Discrimination, and Political Interference
Alternatives
New Delhi, India
-30.36
Calgary, Canada
-14.63
Geneva, Switzerland
-65.98
Mumbai, India
37.56
Houston, United States
-31.52
Irving, United States
-38.85
San Ramon, United States
-53.10
Geneva, Switzerland
33.34
Corporation
-28.08
Mumbai, India
-28.50
Corporate Financials
- Revenue
- 2024
- $115.00B
- Total Assets
- 2024
- $155.00B
- Operating Income
- 2024
- $11.00B
- Total Equity
- 2024
- $74.00B
Employees: 122,000
Industries
- 324110
- Petroleum Refineries
- 324199
- All Other Petroleum and Coal Products Manufacturing
- 325120
- Industrial Gas Manufacturing
- 325998
- All Other Miscellaneous Chemical Product and Preparation Manufacturing
- 332431
- Metal Can Manufacturing
- 332999
- All Other Miscellaneous Fabricated Metal Product Manufacturing
- 424710
- Petroleum Bulk Stations and Terminals
- 486110
- Pipeline Transportation of Crude Oil
- 486210
- Pipeline Transportation of Natural Gas