Company Directory

Company Directory

Company Directory - Magna International Inc.

Company Details - Magna International Inc.

Magna International Inc. Logo

Magna International Inc.

Website

Aurora, Canada

NYSE: MGA, TSX: MG 

Magna is a global automotive supplier that partners with auto manufacturers to provide innovative solutions and products.

CCI Score

CCI Score: Magna International Inc.

-13.92

Latest Event

Magna International Lobbying Expenditure in 2023

Magna International spent $460,000 on lobbying in 2023, as reported by OpenSecrets, indicating significant corporate engagement in influencing U.S. policy on trade.

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

ENABLER

Magna International Inc. is currently rated as an Enabler.

-10 to -19 CCI Score
Companies in this segment facilitate authoritarian practices while claiming neutrality. They provide resources or support that indirectly bolster oppressive regimes, thereby undermining democratic accountability without overtly endorsing the regime.

Latest Events

  • Magna International Lobbying Expenditure in 2023 Logo
    DEC
    31
    2023

    Magna International spent $460,000 on lobbying in 2023, as reported by OpenSecrets, indicating significant corporate engagement in influencing U.S. policy on trade.

  • -70

    Political Contributions and Lobbying Efforts

    March 28

    Magna International's spending of $460,000 on lobbying activities in 2023 suggests a strong focus on influencing policy for its corporate interests. From an anti-fascist perspective, such aggressive corporate lobbying is concerning because it may undermine democratic decision-making and prioritize profit over the public good.

    Magna International Issues Lobbied • OpenSecrets

  • Magna International's 2023 Lobbying Expenditure Logo
    DEC
    31
    2023

    Magna International spent $460,000 on lobbying activities during 2023, as detailed on OpenSecrets, indicating active corporate political engagement.

  • -40

    Political Contributions and Lobbying Efforts

    March 28

    The reported expenditure of $460,000 on lobbying in 2023 demonstrates significant corporate political influence. From an anti-fascist perspective, such activities can be seen as efforts to shape regulatory and legislative processes to favor corporate interests, potentially undermining democratic accountability and public welfare.

    Magna International Bills Lobbied • OpenSecrets

  • Magna Ends Deal with Temp Agency Over Exploitation Claims Logo
    NOV
    17
    2023

    Magna International terminated its contract with a temporary staffing agency after uncovering that the agency was supplying workers who had been exploited, highlighting issues of labor exploitation in parts of Ontario's industry.

  • +80

    Labor Relations and Human Rights Practices

    March 28

    Magna International’s decision to end its relationship with a temp agency involved in exploitative labor practices demonstrates a commitment to protecting worker rights and opposing labor exploitation. This move aligns with anti-fascist values by actively addressing and rectifying unethical labor conditions.

    How some of Ontario’s most recognizable companies have become embroiled in alleged labour exploitation schemes

  • Senate Inquiry on Forced Labor in Magna's Supply Chain Logo
    MAR
    28
    2023

    On March 28, 2023, Senator Ron Wyden sent a letter to Magna International Inc. requesting comprehensive details about its supply chain, particularly probing for any links to forced labor practices in Xinjiang, China. The inquiry focuses on the company’s efforts to map its supply chain and ensure that suppliers, including sub-suppliers, do not rely on forced labor, in light of U.S. laws such as the Uyghur Forced Labor Prevention Act.

  • -30

    Labor Relations and Human Rights Practices

    March 28

    The Senate inquiry highlights potential shortcomings in Magna's efforts to ensure labor rights compliance along its extended supply chain. The request for detailed mapping and due diligence regarding suppliers—especially in regions associated with forced labor—raises concerns about the company's commitment to upholding labor and human rights standards.

    PDF CEO Magna International Inc. 337 Magna Drive Aurora, Ontario L4G 7K1

  • -40

    Supply Chain Ethics

    March 28

    The inquiry's demand for comprehensive supply chain mapping underscores serious concerns about Magna's sourcing practices. With forced labor allegations and links to Xinjiang raised in broader investigations, the company's lack of clear evidence to rule out forced labor in its supply chain is concerning from a human rights and ethical sourcing perspective.

    PDF CEO Magna International Inc. 337 Magna Drive Aurora, Ontario L4G 7K1

Industries

3363
Motor Vehicle Parts Manufacturing
336120
Heavy Duty Truck Manufacturing
541330
Engineering Services
336111
Automobile Manufacturing
336112
Light Truck and Utility Vehicle Manufacturing