Company Directory - Kyndryl Holdings Inc.
Company Details - Kyndryl Holdings Inc.
Kyndryl Holdings Inc.
WebsiteNew York, United States
ISIN: US50010V1094
Kyndryl Holdings is a global IT infrastructure services company that was spun out of IBM. The company focuses on managing and modernizing mission‐critical technology systems for enterprises worldwide.
CCI Score
CCI Score: Kyndryl Holdings Inc.
13.57
-0.01%
Latest Event
Kyndryl Lobbying Disclosure Filing Q4 2024
Kyndryl disclosed spending $285,000 on lobbying during Q4 2024. The filing revealed efforts on several legislative issues including FCC reauthorization, cybersecurity strategy, and topics related to AI and international tax policies.
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SABOTEUR
Kyndryl Holdings Inc. is currently rated as a Saboteur.
Latest Events
- DEC312024
Kyndryl disclosed spending $285,000 on lobbying during Q4 2024. The filing revealed efforts on several legislative issues including FCC reauthorization, cybersecurity strategy, and topics related to AI and international tax policies.
-40
Political Contributions and Lobbying Efforts
March 28
The disclosed lobbying expenditure of $285,000 underscores Kyndryl's active engagement in shaping policy by influencing legislative issues. From an anti-fascist perspective, such corporate political spending raises concerns about undue influence and prioritizes corporate agendas over broader democratic transparency and workers’ rights.
Lobbying Update: $285,000 of KYNDRYL INC lobbying was just disclosed
- DEC312024
OpenSecrets data indicates that Kyndryl spent $570,000 on federal lobbying in 2024, reflecting significant efforts to influence political decision-making.
-50
Political Contributions and Lobbying Efforts
March 28
Kyndryl's reported expenditure of $570,000 on lobbying in 2024 exemplifies substantial corporate engagement in political processes. From an anti-fascist perspective, such attempts to influence policy through significant financial outlays can undermine transparency and democratic accountability, potentially paving the way for policies that prioritize corporate interests over the welfare of marginalized communities.
- DEC312024
Kyndryl disclosed $30,000 in lobbying expenditures during Q4 2024 on issues including Cyber Security, Data Privacy, Labor and Workforce Development, and Artificial Intelligence. This disclosure highlights the company’s active engagement in influencing policy through corporate lobbying.
-15
Political Contributions and Lobbying Efforts
March 28
Kyndryl's disclosure of $30,000 in lobbying spending, while modest in amount, indicates a deliberate effort to shape policy in areas such as cybersecurity, data privacy, labor, and AI. Such corporate political activity, even at lower spending levels, can contribute to undue corporate influence over public policy and democratic accountability.
Lobbying Update: $30,000 of KYNDRYL INC lobbying was just disclosed
- DEC312023
Kyndryl Inc. spent $1,140,000 on lobbying efforts in 2023, according to OpenSecrets. This expenditure reflects the company's active engagement in influencing federal policy.
-30
Political Contributions and Lobbying Efforts
March 28
The reported lobbying expenditure of over $1 million suggests that Kyndryl is engaging in significant political activity. Such corporate political spending can enable undue influence over policy-making, which is concerning from a democratic accountability perspective.
- SEP112023
Kyndryl unveiled its first Corporate Citizenship Report on September 11, 2023, detailing initiatives across environmental stewardship, social responsibility, and robust governance policies. The report highlights significant efforts in human rights, labor practices, and supply chain responsibility, including a comprehensive Human Rights Policy and a responsible supply chain program aligned with recognized standards.
+80
Labor Relations and Human Rights Practices
March 28
Kyndryl's report showcases strong commitments to labor relations and human rights by introducing a comprehensive Human Rights Policy, governance measures for labor, and initiatives that promote workplace inclusion and employee engagement. Such measures enhance protection for marginalized groups and support progressive labor practices.
+70
Supply Chain Ethics
March 28
The report emphasizes a responsible supply chain program that aligns with the Responsible Business Alliance and EcoVadis standards. This proactive measure in supply chain ethics ensures that Kyndryl's sourcing practices uphold high ethical standards and mitigate risks related to labor abuses and environmental harm.
- SEP072023
Kyndryl launched its Human Rights Policy and established comprehensive policies to govern labor standards, health and safety, community engagement, and modern-day slavery risks as detailed in its first Corporate Citizenship Report.
+80
Labor Relations and Human Rights Practices
March 28
By releasing its Corporate Citizenship Report and launching a Human Rights Policy, Kyndryl demonstrates a strong commitment to ethical labor practices and human rights. These policies help protect workers, promote safe working conditions, and address modern slavery risks, which align with progressive, anti-authoritarian values.
- SEP012023
Kyndryl published its inaugural Corporate Citizenship Report which outlines its commitment to environmental stewardship, responsible supply chain practices, and internal cultural transformation through initiatives such as committing to net zero emissions by 2040, sourcing 100% renewable electricity, partnering with the Responsible Business Alliance, and introducing The Kyndryl Way to promote inclusive work culture.
+70
Supply Chain Ethics
March 28
Kyndryl’s commitment to building a responsible supply chain, including its partnership with the Responsible Business Alliance and ensuring suppliers adhere to environmental and ethical standards, reflects a strong dedication to ethical business practices and supply chain ethics. This initiative supports progressive values and transparency, contributing positively from an anti-fascist perspective.
7 Takeaways from Kyndryl's First Corporate Citizenship Report
+50
Labor Relations and Human Rights Practices
March 28
The report also highlights internal cultural transformation through 'The Kyndryl Way', which fosters an inclusive work environment and emphasizes strong employee engagement and ethical governance. This focus on social responsibility and positive labor relations is aligned with anti-authoritarian values.
7 Takeaways from Kyndryl's First Corporate Citizenship Report
- JAN012022
Kyndryl's published Human Rights Policy outlines a commitment to respect human rights by prohibiting forced and child labor, ensuring safe working conditions, and instituting grievance mechanisms. The policy also extends to its supply chain through adherence to Responsible Business Alliance standards.
+80
Labor Relations and Human Rights Practices
March 28
Kyndryl's policy explicitly prohibits forced, bonded, and child labor, and establishes robust internal mechanisms for addressing labor and human rights issues, demonstrating a strong commitment to worker rights and ethical labor practices.
+70
Supply Chain Ethics
March 28
The policy extends to the supply chain by requiring suppliers to adhere to standards that prevent forced labor and human trafficking. As a Responsible Business Alliance signatory, Kyndryl reinforces ethical sourcing and supply chain practices.
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Industries
- 518210
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
- 541511
- Custom Computer Programming Services
- 541512
- Computer Systems Design Services
- 541519
- Other Computer Related Services