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Company Directory - Lyft, Inc.

Company Details - Lyft, Inc.

Lyft, Inc. Logo

Lyft, Inc.

Website

San Francisco, United States

NASDAQ: LYFT 

Lyft is a leading ride-sharing service provider that connects riders with drivers through a mobile app. With operations in the US and Canada, it offers a range of ride options including private rides, shared rides, and luxury services. The company, incorporated in 2013 and public since 2019, has grown to become the second-largest provider in its market.

CCI Score

CCI Score: Lyft, Inc.

-3.49

Latest Event

NY AG Urges Lyft Drivers to File Claims Over Labor Exploitation Settlement

New York Attorney General Letitia James has extended the deadline for Lyft drivers to claim their share of a $328 million settlement reached over underpayment and exploitative labor practices, highlighting serious labor rights issues within Lyft’s business practices.

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BYSTANDER

Lyft, Inc. is currently rated as a Bystander.

-1 to -4 CCI Score
Companies scoring here do little to oppose authoritarianism. Their inaction results in a passive endorsement of the status quo, as they neither actively resist oppression nor contribute to overt support for it.

Latest Events

  • NY AG Urges Lyft Drivers to File Claims Over Labor Exploitation Settlement Logo
    JAN
    07
    2025

    New York Attorney General Letitia James has extended the deadline for Lyft drivers to claim their share of a $328 million settlement reached over underpayment and exploitative labor practices, highlighting serious labor rights issues within Lyft’s business practices.

  • -50

    Labor Relations and Human Rights Practices

    March 20

    The settlement reveal points to systemic labor exploitation by Lyft, where drivers were underpaid and misled about deductions. This failure in upholding fair labor practices and worker rights is deeply concerning and aligns with broader issues of unethical corporate behavior that undermine worker protections, which are crucial in resisting authoritarian and exploitative practices.

    Attorney General James Urges Uber and Lyft Drivers to File Claims to Receive Funds from $328 Million Settlement

  • FTC Takes Action to Stop Lyft’s Deceptive Earnings Claims Logo
    OCT
    25
    2024

    The FTC has sanctioned Lyft for making misleading earnings claims that exaggerated potential driver pay, misleading gig workers about actual earnings and undermining fair labor practices.

  • -80

    Labor Relations and Human Rights Practices

    March 20

    Lyft engaged in deceptive advertising by misrepresenting driver earnings, which exploited gig workers and undermined fair labor practices. By inflating pay figures and failing to clearly disclose the conditions attached to 'earnings guarantees,' Lyft’s actions contribute to ethical lapses that harm worker rights and perpetuate exploitative labor dynamics, aligning with authoritarian practices that devalue the rights of the vulnerable.

    FTC Takes Action to Stop Lyft from Deceiving Drivers with Misleading Earnings Claims

  • Lyft Launches Voter Transportation Initiative Logo
    OCT
    16
    2024

    Lyft has launched a discounted rides and transportation service initiative on Election Day to boost voter turnout and enhance civic accessibility, demonstrating a commitment to democratic engagement in the face of rising authoritarian trends.

  • +80

    Public and Political Behavior

    March 20

    Lyft's initiative to offer discounted rides, bikeshare, and scooters on Election Day significantly improves access to voting, particularly in underserved areas. This proactive effort supports democratic participation and counters authoritarian tendencies by ensuring that transportation barriers do not impede the exercise of voting rights.

    Lyft launches voter transportation initiative for Election Day

  • Lyft Launches 2024 Voting Access Program Logo
    APR
    30
    2024

    Lyft announced its 2024 Voting Access Program to provide free and discounted rides to the polls, partnering with organizations such as Levi’s, Showtime/MTV, and various nonprofit groups to improve voter turnout and reduce transportation barriers for underserved communities.

  • +100

    Public and Political Behavior

    March 20

    Lyft’s new voting access program represents a highly positive step in bolstering democratic participation. By providing rides to the polls and collaborating with a host of community and advocacy groups, Lyft demonstrates a commitment to combating voter suppression and fostering greater inclusivity in the electoral process. This initiative stands in stark contrast to corporate behaviors that support authoritarian regimes or policies, and it actively contributes to the reinforcement of democratic norms in a politically polarized environment.

    Lyft announces 2024 voting access program & joins new coalition with Levi’s and Showtime

  • Lyft Launches 2024 Voting Access Program Logo
    APR
    30
    2024

    Lyft announced a comprehensive 2024 Voting Access Program aimed at addressing transportation barriers that hinder voter participation. By offering free and discounted rides to the polls and partnering with community organizations, including the League of Women Voters, NAACP, and others, Lyft is bolstering democratic engagement and actively countering voter suppression strategies that enable authoritarian practices.

  • +80

    Public and Political Behavior

    March 20

    Lyft's initiative to expand access to voting by providing discounted and free rides directly supports democratic processes and actively helps to counteract systemic voter suppression—a key tool of authoritarian systems. This proactive engagement in promoting civic participation highlights positive public and political behavior, reinforcing transparency and social responsibility in a time when democratic rights are under threat.

    Lyft announces 2024 voting access program & joins new coalition with Levi’s and Showtime

  • Lyft Lobbying Against Minimum Wage Laws in Minnesota Logo
    MAY
    25
    2023

    Lyft engaged in intense lobbying tactics and economic threats to oppose minimum wage laws for drivers in Minnesota, raising concerns about undue corporate influence in political processes and the undermining of worker protections.

  • Shareholder Activism Criticizes Lyft's Board Over Driver Safety Logo
    MAY
    19
    2023

    Activist shareholder group SOC Investment Group is urging Lyft shareholders to vote against board chair Logan Green, citing mounting concerns over driver safety and inadequate labor protections, which critics argue reflect broader failures in the company's treatment of its drivers.

  • -50

    Labor Relations and Human Rights Practices

    March 20

    Lyft is facing serious criticism from an activist shareholder group for not adequately addressing driver safety concerns. The call to vote against board chair Logan Green highlights what critics see as a systemic neglect of labor rights and ethical responsibility towards drivers, contributing to conditions that can be seen as complicit in broader oppressive business practices.

    Group asks Lyft shareholders to vote against board chair and senator unveils plan to regulate AI

  • Lyft Political Donation Fuels Gig Worker Ballot Fight Logo
    JAN
    18
    2022

    Lyft donated $14.4 million to a political committee supporting ballot measures affecting gig worker classification in Massachusetts. The donation is widely seen as an effort to influence policy in favor of the company's business model, potentially at the expense of workers’ rights and democratic accountability.

  • -80

    Political Contributions and Lobbying Efforts

    March 20

    Lyft’s record-breaking $14.4 million donation is a prime example of corporate political contribution targeting state ballot measures. Such actions leverage significant financial power to sway political outcomes, undermining democratic processes and reinforcing a business model that prioritizes industry interests over workers' rights.

    Lyft makes largest one-time political donation in Massachusetts history, fueling gig worker ballot fight

  • -60

    Labor Relations and Human Rights Practices

    March 20

    This significant donation is indirectly linked to efforts that could preserve the status quo of classifying gig workers as independent contractors, thus potentially undermining labor rights and fair employment practices. Such corporate actions raise ethical concerns about the company’s commitment to protecting worker rights.

    Lyft makes largest one-time political donation in Massachusetts history, fueling gig worker ballot fight

Industries

485310
Taxi and Ridesharing Services
485999
All Other Transit and Ground Passenger Transportation
541511
Custom Computer Programming Services