Company Directory - Peloton Interactive, Inc.
Company Details - Peloton Interactive, Inc.
Peloton Interactive, Inc.
WebsiteNew York, United States
Peloton Interactive, Inc. is a leading fitness technology company that offers connected exercise equipment and subscription-based digital fitness classes, enabling users to participate in live and on-demand workout sessions from home.
CCI Score
CCI Score: Peloton Interactive, Inc.
7.25
-0.01%
Latest Event
Peloton Interactive's Political Influence Profile
Peloton Interactive, as profiled by OpenSecrets, reported contributions of $160,327 and lobbying expenditures of $195,000 in the 2024 cycle. The profile also highlights a revolving door dynamic, with a significant proportion of Peloton lobbyists having previously held government positions, raising concerns about conflicts of interest and undue corporate influence.
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OBJECTOR
Peloton Interactive, Inc. is currently rated as an Objector.
Latest Events
- DEC312024
Peloton Interactive, as profiled by OpenSecrets, reported contributions of $160,327 and lobbying expenditures of $195,000 in the 2024 cycle. The profile also highlights a revolving door dynamic, with a significant proportion of Peloton lobbyists having previously held government positions, raising concerns about conflicts of interest and undue corporate influence.
-20
Political Contributions and Lobbying Efforts
March 28
The disclosed political contributions and lobbying expenditures indicate a notable level of corporate political engagement. This monetary involvement, combined with the revolving door phenomenon, may contribute to an environment where corporate influence undermines democratic accountability.
-15
Executive Political Engagement
March 28
The report highlights a significant revolving door issue with Peloton Interactive's lobbying team, where a high proportion of lobbyists have previously held government jobs. This raises concerns about the potential for conflicts of interest and undue influence in political processes.
- DEC312024
Peloton Interactive, Inc. disclosed $40,000 in lobbying expenditures from Q4 2024, detailing efforts on issues related to at-home health and fitness technologies, including outreach on the PHIT Act of 2023, adjustments to business interest deductions, and corporate tax standards.
-20
Political Contributions and Lobbying Efforts
March 28
Peloton’s use of its resources to lobby on legislative issues—ranging from digital fitness technology to tax and deduction policies—reflects a corporate effort to shape policy for its own benefit. While the disclosed amount is modest, it exemplifies the influence of business interests on political processes, potentially sidelining broader public welfare considerations.
Lobbying Update: $40,000 of PELOTON INTERACTIVE INC. lobbying was just disclosed
- DEC022024
A former Peloton sales specialist dropped her individual federal wage-and-hour lawsuit against the company as part of a settlement that also included a waiver of malicious prosecution claims, while a separate sex bias case remains pending.
-50
Labor Relations and Human Rights Practices
March 28
Peloton's settlement in a case alleging wage law violations reflects a problematic approach to labor issues by resolving claims without fully addressing underlying worker rights concerns. This move may be seen as an attempt to quiet dissent and avoid systemic changes, negatively impacting labor relations and human rights practices.
Peloton, Ex-Sales Worker Reach Deal to Drop Wage-and-Hour Claims
- APR192024
Peloton updated its Modern Slavery Policy on April 19, 2024, detailing its commitment to ethical practices and the prevention of modern slavery within its business operations and supply chains, ensuring high standards for its representatives and suppliers.
+80
Supply Chain Ethics
March 28
Peloton's policy explicitly commits to preventing modern slavery in its operations and supply chains, reflecting a strong adherence to ethical business practices and human rights standards. This proactive measure supports progressive values and combats exploitative labor practices, which aligns with anti-authoritarian efforts.
- JAN302024
A federal judge approved a $2.5 million class action settlement for current and former Peloton employees who alleged violations of the Fair Labor Standards Act related to unpaid overtime work, highlighting troubling labor practices at the company.
-60
Labor Relations and Human Rights Practices
March 28
The final approval of a $2.5 million class action settlement confirms allegations that Peloton failed to pay overtime wages to non-exempt employees. This indicates a violation of labor rights and poor human rights practices, undermining worker protections. From an anti-fascist perspective which prioritizes fair labor practices and worker rights, this behavior is viewed negatively.
Peloton Workers' $2.5 Million Wage Settlement Gets Final Nod
- OCT012023
Peloton announced an update under the Peloton Pledge, committing a four-year, $100M investment to fight racial injustice and promote health and equity through global community partnerships in the U.S., U.K., Canada, and Germany.
+70
Public and Political Behavior
October 1
Peloton’s public announcement outlining extensive partnerships and a significant monetary commitment to combat racial injustice reflects a strong anti-fascist stance in the realm of public and political behavior.
An Update on the Peloton Pledge: Announcing Our Global Social Impact Partners
+80
Business Practices and Ethical Responsibility
October 1
The initiative demonstrates strong ethical business practices by channeling significant resources into dismantling systemic inequities and fostering community well-being, underscoring a commitment to corporate social responsibility and anti-racist values.
An Update on the Peloton Pledge: Announcing Our Global Social Impact Partners
- JUN232020
Peloton announced a $100 million initiative over the next four years to combat systemic racism and inequity, which includes raising hourly wages, investing in employee development, donating to nonprofits, and enhancing digital content accessibility for underserved communities.
+80
Executive Political Engagement
March 28
Peloton's CEO publicly committed to a robust anti-racist agenda, signaling strong executive political engagement. This public stance against systemic racism reflects a proactive and progressive approach, contributing positively to their Public and Political Behavior profile.
Peloton to invest $100 million to fight racial injustice and inequity
+90
Labor Relations and Human Rights Practices
March 28
Peloton’s initiative includes a significant wage increase for hourly workers and investments in employee learning and development, representing an exceptional commitment to labor rights and human welfare. This move directly supports fair labor practices and elevates working conditions.
Peloton to invest $100 million to fight racial injustice and inequity
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- Fitness and Recreational Sports Centers
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- Software Publishers
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