Company Directory - Lucasfilm Ltd.
Company Details - Lucasfilm Ltd.
Lucasfilm Ltd.
WebsiteSan Francisco, United States
Lucasfilm Ltd. is a film and television production company renowned for creating the Star Wars franchise as well as other iconic films. Acquired by The Walt Disney Company in 2012, the company continues to innovate in cinematic storytelling and visual effects.
CCI Score
CCI Score: Lucasfilm Ltd.
3.97
Latest Event
Disney 2024 Proxy Statement: Transparency in Governance & Political Spending
The 2024 proxy statement, while primarily detailing executive compensation, corporate governance, and board procedures, provides extensive disclosure regarding political contributions and lobbying activities. In a renewed effort to address shareholder concerns, several proposals questioning aspects of political spending, gender‐related benefits and executive golden parachutes have been submitted – all of which were rejected by the Board. The statement reflects robust internal controls, transparent disclosure and adherence to established compensation and governance practices. While Disney (which owns Lucasfilm) ranks among the top political donors, its disclosures and balanced approach suggest minimal complicity in supporting authoritarian trends.
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OBJECTOR
Lucasfilm Ltd. is currently rated as an Objector.
Latest Events
- JAN262024
The 2024 proxy statement, while primarily detailing executive compensation, corporate governance, and board procedures, provides extensive disclosure regarding political contributions and lobbying activities. In a renewed effort to address shareholder concerns, several proposals questioning aspects of political spending, gender‐related benefits and executive golden parachutes have been submitted – all of which were rejected by the Board. The statement reflects robust internal controls, transparent disclosure and adherence to established compensation and governance practices. While Disney (which owns Lucasfilm) ranks among the top political donors, its disclosures and balanced approach suggest minimal complicity in supporting authoritarian trends.
-10
Public and Political Behavior
March 18
Disney’s political contributions and lobbying efforts are significant – ranking in the top 1% of corporate political donors – which raises concerns among left-leaning critics. However, the company’s comprehensive and transparent disclosure of its political expenditures, and its response to shareholder proposals (rejecting calls for additional scrutiny) suggest that while its financial influence in politics is notable, it is not overtly aligning with authoritarian or fascist ideologies. Thus, a modest negative score is warranted in this category.
+30
Business Practices and Ethical Responsibility
March 18
The proxy statement details a high level of internal transparency in executive compensation, board structure and governance practices. Disney provides extensive disclosure on these topics, employs robust oversight mechanisms and adheres to well-established ethical standards, which signals positive commitment to ethical responsibility.
+0
Technology and Services Impact
March 18
The proxy statement does not contain significant references to technology or services that directly facilitate repressive technologies or authoritarian surveillance. Therefore, this area is not applicable.
+0
Economic and Structural Influence
March 18
While Disney is a major global media and entertainment conglomerate with significant economic influence, the proxy statement does not present evidence of acting to favor or enable authoritarian regimes. Its focus remains on internal governance and compensation transparency.
- MAR232022
Lucasfilm employees staged a walk-out on March 23, 2022, in protest of Disney's funding of Florida's controversial 'Don't Say Gay' bill, signaling internal opposition to policies seen as undermining human rights.
+80
Labor Relations and Human Rights Practices
March 18
The walk-out by Lucasfilm employees demonstrates a robust internal commitment to labor rights and human rights, rejecting corporate complicity in funding legislation that targets marginalized groups. Although Lucasfilm itself isn’t directly funding political campaigns, the employee-led protest highlights the dissonance with parent company Disney's support of policies perceived as authoritarian. This positive internal dissent is a signal that the workforce is actively resisting oppressive measures, thereby bolstering the company’s perceived commitment to human rights.
- DEC282010
Federal lawsuit alleges that Lucasfilm conspired with Pixar to restrict the recruitment of VFX artists, resulting in suppressed wages and diminished worker rights. This collusion undermines fair labor practices and restricts opportunities in the digital animation industry.
-60
Labor Relations and Human Rights Practices
March 18
Lucasfilm was implicated in an antitrust lawsuit alleging that it enforced a three-part protocol with Pixar to restrict recruiting practices, thereby suppressing competition for highly skilled VFX artists. This collusion contributed to keeping wages low and benefits minimal, undermining labor rights and fair market practices. Such practices resonate with broader patterns of corporate exploitation that support authoritarian economic structures.
- DEC222010
In December 2010, Lucasfilm settled an antitrust case following allegations of wage suppression and anti‐competitive employment practices, which were intended to prevent bidding wars for digital animators. The settlement, reached amid federal investigations, highlighted serious concerns over fair labor practices within the company.
-60
Labor Relations and Human Rights Practices
March 18
Lucasfilm's alleged involvement in wage suppression and its secret agreement with Pixar to restrain competition for digital animators indicates a significant breach in fair labor relations. This practice undermines worker rights and fair market competition, aligning with corporate practices that contribute to authoritarian economic control. The negative score reflects the problematic labor relations and the broader implications of such anticompetitive behavior.
- DEC212010
In December 2010, the U.S. Department of Justice reached a settlement with Lucasfilm Ltd. that prohibits the company from entering into anticompetitive agreements regarding employee solicitation. The settlement, which also involved Pixar, aimed to prevent practices that restrained the natural competitive process for recruiting highly skilled digital animators, potentially limiting workers' access to better job opportunities.
-60
Labor Relations and Human Rights Practices
March 18
Lucasfilm’s involvement in anticompetitive employee solicitation agreements, as revealed by the DOJ settlement, indicates business practices that undermine fair labor competition and workers' rights. By agreeing to not compete for employees between Lucasfilm and Pixar, the company contributed to a market dynamic that deprived workers of the benefits of competitive bidding for their talents. This practice is detrimental to labor rights and fair employment practices, reflecting a concerning disregard for ethical labor relations.
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