Company Directory - Okta, Inc.
Company Details - Okta, Inc.
Okta, Inc.
WebsiteSan Francisco, United States
ISIN: US67985R1010
Okta is a cloud-native security company that focuses on identity and access management. It provides comprehensive solutions to secure user authentication, authorization, and application access for enterprises.
CCI Score
CCI Score: Okta, Inc.
7.87
Latest Event
Okta Lobbying Profile Highlights Federal Lobbying Activity
OpenSecrets' profile of Okta reveals its engagement in federal lobbying activities for the 2023 cycle, highlighting the use of multiple lobbying firms to influence policy and shape public discourse.
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OBJECTOR
Okta, Inc. is currently rated as an Objector.
Latest Events
- FEB192025
OpenSecrets' profile of Okta reveals its engagement in federal lobbying activities for the 2023 cycle, highlighting the use of multiple lobbying firms to influence policy and shape public discourse.
-30
Political Contributions and Lobbying Efforts
March 31
The OpenSecrets profile indicates that Okta actively engages in federal lobbying. From an anti-fascist perspective, such corporate political activities can be problematic as they risk promoting policies that favor corporate interests over democratic accountability, contributing to an imbalance of power in political processes.
- FEB062025
Data from OpenSecrets indicates that Okta Inc has no identified political contributions or significant lobbying activities in the 2024 election cycle. This lack of contribution suggests limited corporate engagement in funding political activities that could bolster authoritarian agendas.
+10
Political Contributions and Lobbying Efforts
March 25
OpenSecrets data shows that Okta Inc did not have any identified affiliates or significant political contributions in the 2024 cycle. In the context of corporate complicity in funding authoritarian agendas, this absence of political financing is a positive indicator, even if it reflects neutrality rather than proactive opposition.
- FEB062025
Analysis of Okta Inc's political contributions and lobbying efforts reveals significant revolving door practices and engagement in political spending, raising concerns over potential complicity in fostering authoritarian practices.
-20
Political Contributions and Lobbying Efforts
March 25
Okta Inc reported political contributions totaling $347,124 and lobbying expenditures of $80,000 in the 2024 cycle. Additionally, the high rate of revolving door activity (8 out of 9 lobbyists in 2023 and 6 out of 7 in 2024 having previous government experience) indicates a concerning blending of public service and corporate lobbying. This practice may undermine transparency and democratic accountability, aligning with patterns seen in support of authoritarian agendas.
- JAN012025
Okta has published a detailed overview of its internal policies emphasizing the protection of human rights, workplace safety, and pay equity. These measures highlight a robust commitment to ethical labor practices and a clear stance against workplace violence and inequality.
+80
Labor Relations and Human Rights Practices
March 25
Okta demonstrates a strong commitment to labor rights and human rights practices through clear policy statements on employee safety, non-tolerance for violence, and proactive pay equity analysis. These initiatives contribute positively to the company’s ethical business practices, setting a commendable model in contrast to authoritarian labor practices.
- JAN012025
Okta published its 2023 State of Inclusion Report, detailing comprehensive workforce demographics across multiple job levels including leadership, tech, non-tech, and hybrid roles. The report highlights diversity percentages among underrepresented groups and underscores the company’s commitment to transparency and inclusion.
+70
Labor Relations and Human Rights Practices
March 31
The release of a detailed diversity and inclusion report demonstrates a proactive approach to transparency and fair labor practices. By disclosing comprehensive workforce demographic data, Okta is reinforcing its commitment to inclusion and equitable treatment of employees. Such actions resonate with anti-fascist and progressive values by supporting marginalized communities and promoting workplace fairness.
- AUG012024
Okta published a comprehensive ESG Fact Sheet for FY2024 detailing its initiatives in ethical business practices, human rights, workforce diversity, equal pay, and sustainability. The document outlines measures such as human rights risk assessments for new markets, signing the #EqualPayCA pledge, extensive employee training programs, and robust sustainability commitments.
+75
Business Practices and Ethical Responsibility
March 31
Okta's ESG Fact Sheet demonstrates strong ethical business practices by clearly outlining policies on diversity, inclusion, human rights assessments, and sustainability. These initiatives enhance transparency and protect marginalized groups, positioning the company as anti-authoritarian in its internal policies.
+70
Labor Relations and Human Rights Practices
March 31
The report highlights Okta’s efforts to advance labor relations and human rights through initiatives like the #EqualPayCA pledge, improved diversity and inclusion measures, and comprehensive training programs. These efforts support worker rights and ensure the protection of marginalized communities.
- MAY132024
A lawsuit filed in May 2024 alleges that Okta engaged in systemic gender discrimination and retaliatory layoffs, contributing to a toxic and inequitable workplace environment.
-50
Labor Relations and Human Rights Practices
March 25
The lawsuit details allegations that Okta fostered a hostile work environment by engaging in gender discrimination and retaliatory layoffs. Female employees reported being marginalized, excluded from key communications, and facing career sabotage. Such practices undermine labor rights and contribute to oppressive workplace dynamics, aligning with concerns over corporate complicity in broader authoritarian practices.
SF tech company Okta, worth $14B, accused of retaliatory layoffs
- JAN312024
Okta UK released its modern slavery statement for the fiscal year ending January 31, 2024, outlining measures to address modern slavery risks in its operations and supply chains, including supplier oversight, vendor due diligence, and employee training to ensure compliance with relevant labor laws and ethical sourcing practices.
+70
Supply Chain Ethics
March 25
Okta UK’s statement reflects transparent and proactive strategies to assess and mitigate modern slavery risks within its supply chain. The company’s low-risk categorization of its supply chain, combined with due diligence measures and robust supplier engagement protocols, underscores its commitment to ethical sourcing and responsible business practices.
+70
Labor Relations and Human Rights Practices
March 25
The Modern Slavery Statement details Okta UK's commitment to upholding labor rights through rigorous adherence to UK employment laws, comprehensive Code of Conduct training for employees, and clear reporting mechanisms. Such proactive measures in mitigating modern slavery risks demonstrate a positive stance towards protecting human rights in their labor practices.
- JAN012024
OpenSecrets data highlights Okta Inc's active involvement in lobbying, with records detailing annual totals and recent bill lobbying in 2024. This activity raises concerns about their role in influencing public policy and potentially enabling corporate political influence that could undermine democratic processes.
-20
Political Contributions and Lobbying Efforts
March 25
Okta Inc's lobbying activity, as documented by OpenSecrets, shows the company actively participating in political lobbying. From an anti-fascist perspective, corporate lobbying can contribute to undue political influence and support authoritarian practices by shaping policies behind closed doors. The profile underscores concerns over the potential negative impacts of such engagements on democratic accountability.
- DEC312023
Okta Inc spent $690,000 on lobbying activities in 2023 according to OpenSecrets data. This significant expenditure raises concerns about its political influence, suggesting an attempt to shape policy outcomes in favor of corporate interests and possibly at the expense of democratic accountability.
-40
Political Contributions and Lobbying Efforts
March 25
Okta Inc's reported lobbying expenditure of $690,000 in 2023 signals a robust engagement in political influence. From a left-leaning perspective, this level of spending can be seen as an effort to sway policy decisions in favor of corporate interests, potentially undermining democratic processes and facilitating authoritarian tendencies. Such financial engagement in political lobbying raises red flags about the company's commitment to transparent and accountable public behavior.
- FEB022023
On February 2, 2023, Okta announced in an SEC filing that it is laying off 300 employees due to overhiring and execution challenges. This restructuring measure aims to reduce operating expenses, but it significantly affects worker rights and job security.
-50
Labor Relations and Human Rights Practices
March 31
The decision to lay off 300 employees, described as a response to overhiring and internal execution challenges, has a notably negative impact on labor relations and worker rights. This move underlines a disregard for maintaining stable and secure employment, adversely affecting workers and marginalized communities.
Okta Cites Overhiring, 'Execution Challenges' for 300 Layoffs
- FEB022023
Okta CEO Todd McKinnon announced plans to cut about 300 jobs, attributing the decision to overhiring driven by overly optimistic growth expectations and subsequent execution challenges in a tougher macroeconomic environment.
-40
Labor Relations and Human Rights Practices
March 31
The decision to lay off 300 employees undermines stable employment and worker rights. From an anti-fascist perspective, such actions illustrate a disregard for fair labor practices and worker security, negatively impacting marginalized employees and reducing job stability.
Okta CEO blames overhiring, 'execution challenges' for layoffs
- JAN012023
Okta published its comprehensive commitment to human rights, detailing internal policies on employee health, safety, and pay equity. The policy emphasizes strict adherence to health and safety laws, robust incident reporting, and a global pay equity analysis conducted in 2023, while noting that a dedicated living wage strategy is not currently a focus due to its largely professional workforce.
+40
Labor Relations and Human Rights Practices
March 31
Okta's detailed policies on workplace health and safety, anti-violence measures, and proactive global pay equity analysis demonstrate a positive commitment to labor rights and human rights practices. While the absence of a formal living wage strategy suggests room for improvement, overall these measures support an ethical business practice that resists authoritarian labor exploitation.
- JAN012023
Reports from OpenSecrets indicate that Okta spent $690,000 on lobbying efforts during 2023, a move that raises concerns over corporate political influence.
-40
Political Contributions and Lobbying Efforts
March 31
Okta's reported expenditure of $690,000 on lobbying in 2023 is indicative of substantial corporate political activity. From an anti-fascist perspective, such amounts raise concerns about undue corporate influence in shaping public policy and potentially undermining democratic accountability.
- JAN312022
Okta discloses its commitment to ethical conduct and transparency under the Modern Slavery Act, outlining measures to ensure that its supply chain and labor practices meet legal and ethical standards. The statement emphasizes accountability with respect to forced labor and human trafficking, aimed at reducing complicity in human rights abuses.
+70
Labor Relations and Human Rights Practices
March 25
Okta's transparency statement demonstrates a clear commitment to ensuring fair labor practices and compliance with human rights standards. By outlining policies and expectations for its contractors and suppliers, Okta takes concrete steps to avoid complicity in modern slavery, though further independent audits could enhance accountability.
+75
Supply Chain Ethics
March 25
The statement further elaborates on Okta’s comprehensive approach to managing its supply chain, emphasizing due diligence in selecting partners and enforcing compliance with legal requirements such as the Modern Slavery Act. This proactive stance on supply chain ethics results in a positive score, though ongoing monitoring and external verification would further strengthen the rating.
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Corporate Financials
- Revenue
- 2025
- $1.00B
- Total Assets
- 2025
- $3.00B
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
- 511210
- Software Publishers