Company Directory - ORIX Australia Corporation Limited
Company Details - ORIX Australia Corporation Limited
ORIX Australia Corporation Limited
WebsiteAustralia
ORIX Australia Corporation Limited is a subsidiary of ORIX Corporation, a global diversified financial services company. In Australia, the company offers a broad range of financial services including leasing, asset management, and investment solutions, helping businesses across various industries to optimize their financial and operational strategies.
CCI Score
CCI Score: ORIX Australia Corporation Limited
11.00
-0.01%
Latest Event
Corruption Scandal and Unethical Practices at ORIX Australia
ORIX Australia's CEO John Carter and senior management have been implicated in a major corruption scandal involving bribery and money laundering in exchange for vehicle leasing contracts. This unethical behavior severely undermines corporate integrity and accountability.
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SABOTEUR
ORIX Australia Corporation Limited is currently rated as a Saboteur.
Latest Events
- APR102025
ORIX Australia's CEO John Carter and senior management have been implicated in a major corruption scandal involving bribery and money laundering in exchange for vehicle leasing contracts. This unethical behavior severely undermines corporate integrity and accountability.
-85
Business Practices and Ethical Responsibility
April 10
The company's leadership is accused of engaging in bribery and money laundering schemes to secure lucrative contracts. Such actions violate fundamental principles of ethical business practices and contribute to a broader culture of corporate corruption, which can indirectly support authoritarian practices through the erosion of institutional accountability.
- JUN142024
ORIX Australia Corporation Limited released its Modern Slavery Statement for FY2024 on 14 June 2024, outlining detailed measures to assess and mitigate modern slavery risks within its supply chain as well as affirming fair labor practices across its operations. The statement highlights robust supplier audits, training programs, and compliance with local labor regulations.
+70
Supply Chain Ethics
March 27
The Modern Slavery Statement demonstrates a proactive approach to supply chain ethics by implementing comprehensive audits, risk assessments, and training to mitigate forced labor and modern slavery risks. These measures indicate a strong commitment to ethical sourcing and supply chain transparency.
+80
Labor Relations and Human Rights Practices
March 27
The Statement confirms that ORIX Australia adheres to high standards in labor relations and human rights practices by ensuring compliance with local labor regulations, providing fair employment contracts, and maintaining safe working conditions. The proactive measures around whistleblowing and staff training further strengthen this commitment.
- SEP182023
ORIX Australia Corporation Limited released its fourth Modern Slavery Statement covering the reporting period ending 31 March 2023. The statement details comprehensive measures implemented to address modern slavery risks across its operations and supply chains, including robust personnel training, supplier due diligence, and updated whistleblower policies.
+80
Labor Relations and Human Rights Practices
March 27
The Modern Slavery Statement demonstrates strong adherence to labor rights with extensive measures in place to monitor and mitigate modern slavery risks within its own operations. ORIX Australia has implemented comprehensive training programs, established robust whistleblower policies, and enacted strict recruitment practices, reflecting a positive commitment to labor relations and human rights.
ORIX Australia Corporation Limited's Modern Slavery Statement
+65
Supply Chain Ethics
March 27
The statement outlines detailed protocols for supplier screening, due diligence, and ongoing audits to manage supply chain risks associated with modern slavery. While the company has implemented structured procedures to vet and manage high-risk suppliers, inherent supply chain vulnerabilities remain due to the complex nature of the automotive and fuel supply chains.
ORIX Australia Corporation Limited's Modern Slavery Statement
- JUN142022
Former ORIX Australia executive John Joseph Carter has filed a lawsuit seeking $3.2 million in legal fees after charges were dropped in a criminal corruption case involving alleged fraudulent payments to secure fleet leasing contracts with Coca-Cola Amatil. This legal action raises serious questions regarding ORIX's commitment to ethical business practices.
-50
Business Practices and Ethical Responsibility
March 27
The lawsuit centers on allegations that ORIX engaged in corrupt practices by making fraudulent payments to secure lucrative fleet leasing contracts, undermining ethical business practices. Such behavior not only damages the company's reputation but also contributes to a broader culture of corporate misconduct that can indirectly support authoritarian tendencies by eroding accountability and transparency in business. This negative rating reflects concerns that the company's conduct may enable a power imbalance that adversely affects societal trust and democratic processes.
- JUN122020
The Federal Court ruled against former CEO John Carter for his failure to disclose a course of conduct involving bribery and illegal inducements. In response, ORIX Australia initiated civil proceedings against Carter, demonstrating its commitment to enforcing ethical business practices and regulatory compliance.
+70
Business Practices and Ethical Responsibility
March 27
ORIX Australia’s decision to commence civil proceedings against former CEO John Carter for non-disclosure of bribery and illegal inducements underscores a commitment to ethical business practices and corporate accountability. This proactive legal action helps ensure transparency and discourages fraudulent conduct within the organization.
Federal Court rules in favour of Insurer: Full and frank disclosure is always a must
- SEP162019
Executives at ORIX Australia's fleet management division were embroiled in a kickback scandal, involving alleged corrupt payments in exchange for lucrative leasing contracts. Although charges were eventually dropped, the incident underscores deep-rooted issues in the company's business practices, raising concerns about its ethical responsibility and undermining public trust.
-50
Business Practices and Ethical Responsibility
March 27
The scandal involving kickback payments and alleged corrupt practices reflects a significant lapse in ethical corporate behavior. Such business practices not only compromise transparency and accountability but also erode public trust, indirectly paving the way for undemocratic practices by prioritizing profit over ethical standards.
Charges dropped against executives in corporate kickback scandal
-20
Public and Political Behavior
March 27
While the case does not directly involve overt political activity or explicit attempts to influence public policy, the underlying corruption and undisclosed practices diminish public trust and demonstrate a disregard for transparent corporate behavior. Such practices can indirectly weaken democratic accountability, which is a key concern within public and political behavior.
Charges dropped against executives in corporate kickback scandal
- JUL012019
ORIX Australia Corporation Limited issued a Supplier Code of Conduct outlining expectations for suppliers regarding labor rights, human rights, safety, environmental, and ethical practices. This document emphasizes adherence to international labor standards and strict supply chain ethics.
+80
Labor Relations and Human Rights Practices
March 27
The Supplier Code of Conduct mandates strict adherence to labor rights by banning child labor, forced labor, and enforcing safe working conditions. This reflects a robust commitment to human rights and ethical labor practices, meeting internationally recognized standards.
+80
Supply Chain Ethics
March 27
The Code establishes strict guidelines for suppliers covering environmental responsibility, ethical conduct, and transparency in the supply chain. These measures ensure that suppliers comply with sustainability and human rights standards, thereby enhancing supply chain ethics.
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