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Company Directory - McLaren Automotive

Company Details - McLaren Automotive

McLaren Automotive Logo

McLaren Automotive

Website

Woking, United Kingdom

McLaren Automotive is a British manufacturer of high-performance sports cars that leverages its rich heritage in Formula 1 racing to deliver innovative design and advanced engineering. The brand is known for integrating motorsport technology into its road cars, resulting in vehicles that combine luxury with cutting-edge performance.

CCI Score

CCI Score: McLaren Automotive

6.67

-0.01%

Latest Event

Proposed Sale of McLaren Automotive to Abu Dhabi-backed CYVN Holdings

The proposed sale of McLaren Automotive, amid its ongoing financial instability, raises concerns about ethical business practices and potential economic collaboration with authoritarian regimes. The divestment points to a trend of frequent ownership changes that may compromise the company's commitment to democratic accountability.

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OBJECTOR

McLaren Automotive is currently rated as an Objector.

0 to +9 CCI Score
These companies deliberately avoid direct involvement with authoritarian practices. While they do not actively challenge oppressive regimes, they maintain a neutral stance to ensure they are not complicit in supporting such systems.

Latest Events

  • Proposed Sale of McLaren Automotive to Abu Dhabi-backed CYVN Holdings Logo
    OCT
    31
    2024

    The proposed sale of McLaren Automotive, amid its ongoing financial instability, raises concerns about ethical business practices and potential economic collaboration with authoritarian regimes. The divestment points to a trend of frequent ownership changes that may compromise the company's commitment to democratic accountability.

  • McLaren Automotive Acquired by CYVN Holdings Logo
    OCT
    30
    2024

    McLaren Automotive, a renowned British sports car manufacturer, has been acquired by CYVN Holdings, an Emirati investment firm. The deal follows a previous capital reorganization by Bahrain's Mumtalakat Holding and raises concerns about the increasing influence of state-controlled funds with authoritarian ties on corporate governance and independence.

  • McLaren Automotive Political Contributions in the 2024 US Election Logo
    OCT
    20
    2024

    An analysis of the political contributions made by major automakers in the 2024 US election, raising concerns over corporate influence on democratic processes. Although McLaren Automotive is a British manufacturer, its inclusion in industry-wide analyses highlights the broader trend of automakers engaging in political funding that can secure favorable policies and potentially undermine democratic accountability.

  • -40

    Political Contributions and Lobbying Efforts

    March 23

    The article details how automakers are channeling funds into the 2024 US election to influence policies and secure regulatory advantages. This practice, as seen in the aggregated data from OpenSecrets, raises significant concerns regarding political influence and the potential enabling of authoritarian practices. Although McLaren Automotive's direct involvement is not explicitly detailed, its status as a major automaker implies participation in an industry-wide trend of leveraging political contributions to sway regulatory outcomes.

    14 Automakers & Their 2024 US Election Contributions, Detailed

  • Anti-Slavery Statement Publication by McLaren Automotive Logo
    APR
    04
    2023

    McLaren Automotive released a comprehensive anti-slavery statement detailing its commitment to eradicating modern slavery and human trafficking from its operations and supply chains. The statement outlines robust internal policies, due diligence procedures, supplier audits, and strict adherence to the Modern Slavery Act 2015.

  • +80

    Labor Relations and Human Rights Practices

    March 23

    McLaren Automotive demonstrates a strong commitment to labor rights and human rights practices by enforcing a rigorous Code of Conduct, carrying out 'right to work' checks, and ensuring that suppliers comply with ethical standards as stipulated in their anti-slavery statement. This proactive approach supports worker welfare and aligns with best practices in human rights.

    Anti-Slavery Statement | McLaren Automotive

  • +80

    Supply Chain Ethics

    March 23

    The detailed supply chain measures in the statement, including supplier questionnaires, audits, and contractual anti-slavery clauses, indicate that McLaren Automotive is actively working to prevent modern slavery and human trafficking within its network. This robust approach significantly strengthens its supply chain ethics.

    Anti-Slavery Statement | McLaren Automotive

  • Modern Slavery and Human Trafficking Statement Logo
    APR
    04
    2023

    McLaren Automotive released its annual modern slavery and human trafficking statement detailing internal policies, due diligence measures, and supplier audits to prevent unethical labor practices throughout its operations and supply chain.

  • +80

    Labor Relations and Human Rights Practices

    March 23

    McLaren Automotive's statement outlines strong internal policies and training aimed at preventing modern slavery and human trafficking. The company enforces a rigorous Code of Conduct and due diligence procedures for its suppliers, ensuring that labor rights are respected. This proactive approach demonstrates a commendable level of adherence to labor rights and human rights practices.

    PDF Modern slavery and human trafficking statement - McLaren

  • +80

    Supply Chain Ethics

    March 23

    The document emphasizes due diligence in the supply chain through comprehensive risk assessments, supplier questionnaires, audits, and strict contractual terms to mitigate modern slavery and human trafficking. This proactive monitoring and enforcement highlight McLaren Automotive's commitment to ethical sourcing and supply chain integrity.

    PDF Modern slavery and human trafficking statement - McLaren

  • McLaren Modern Slavery and Human Trafficking Statement Logo
    APR
    04
    2023

    McLaren released its modern slavery and human trafficking statement outlining robust measures, including thorough audits of high-risk tier 1 suppliers, strict internal policies on labor rights and ethical practices, and a commitment to eradicating modern slavery across its supply chains.

  • +90

    Labor Relations and Human Rights Practices

    March 23

    McLaren's statement demonstrates a strong commitment to upholding labor rights and enforcing stringent ethical standards within its workforce. The company emphasizes a safe work environment and compliance with modern slavery laws, signaling a robust approach to labor relations and human rights practices.

    PDF Modern slavery and human trafficking statement - McLaren

  • +85

    Supply Chain Ethics

    March 23

    Through comprehensive supply chain audits and the incorporation of anti-slavery provisions in supplier contracts, McLaren actively mitigates risks of modern slavery and human trafficking. This proactive approach underlines its commitment to ethical sourcing and supply chain integrity.

    PDF Modern slavery and human trafficking statement - McLaren

  • Anti-Slavery and Human Rights Compliance Statement by McLaren Automotive Logo
    APR
    04
    2023

    McLaren Automotive released its Modern Slavery and Human Trafficking Statement, detailing rigorous internal policies, due diligence processes, supplier assessments, and training measures to prevent forced labor and uphold employees’ human rights within both its operations and supply chains.

  • +80

    Labor Relations and Human Rights Practices

    March 23

    McLaren’s anti-slavery statement underscores a robust commitment to labor rights and ethical human resource practices. The company clearly outlines its internal checks, due diligence processes, and adherence to modern slavery laws, reflecting a strong stance on protecting worker rights and preventing exploitation.

  • +80

    Supply Chain Ethics

    March 23

    The statement outlines stringent supply chain ethics, including mandatory supplier questionnaires, due diligence, regular audits, and the ability to terminate contracts with non-compliant suppliers. These measures demonstrate proactive steps to eliminate risks of forced labor and human trafficking within its diverse global supplier network.

    Anti-Slavery Statement | McLaren Automotive

  • McLaren backs FIA clampdown on political messaging Logo
    DEC
    28
    2022

    McLaren CEO Zak Brown publicly endorsed the FIA's newly implemented policy restricting political messaging during race events. While the intention is to maintain focus on the sporting event, this stance raises concerns about corporate support for censorship and potential authoritarian control over free political expression.

  • -40

    Public and Political Behavior

    March 23

    Under the Public and Political Behavior category, McLaren’s support for the FIA's clampdown on political messaging reflects a corporate endorsement of restrictions on free political expression. This policy aligns with authoritarian methods of controlling discourse, potentially undermining democratic debate, despite being aimed at reducing what the company sees as 'out of control' political messaging.

    McLaren back FIA clampdown on "out of control" political messaging

  • -40

    Executive Political Engagement

    March 23

    Within the Executive Political Engagement category, CEO Zak Brown's public endorsement of the FIA's policy indicates a commitment to enforcing a politically restrictive code of conduct during events. This engagement sets a precedent for executive-level support of censorship in the sport, which may embolden similar authoritarian practices.

    McLaren back FIA clampdown on "out of control" political messaging

  • CYVN Holdings Acquisition of McLaren’s Automotive Business Logo
    JUN
    06
    2021

    McLaren’s automotive division is set to be acquired by Abu Dhabi-based CYVN Holdings in a non-binding agreement that also involves Bahrain’s sovereign wealth fund. This deal raises concerns over economic collaboration with authoritarian regimes, potentially undermining democratic accountability by channeling state-influenced capital into a high-profile luxury brand.

  • -40

    Economic and Structural Influence

    March 23

    The acquisition of McLaren’s automotive business by CYVN Holdings, in alliance with Bahrain’s sovereign wealth fund, implies potential economic collaboration with authoritarian regimes. Such transactions can empower state-linked financial interests in controversial ways that risk undermining democratic processes and transparency, aligning poorly with anti-fascist economic ideals.

    Abu Dhabi's CYVN Holdings to buy McLaren's automotive business

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