Company Directory - Porsche AG
Company Details - Porsche AG
Porsche AG
WebsiteStuttgart, Germany
Porsche AG is a renowned German automobile manufacturer specializing in high-performance sports cars, SUVs, and sedans. The company is celebrated for its innovative engineering, rich racing heritage, and luxurious design, making it a symbol of performance and quality in the automotive industry.
CCI Score
CCI Score: Porsche AG
-7.41
0.01%
Latest Event
Porsche Political Contributions and Lobbying Profile
The article details Porsche Automobile Holding SE's political contributions and lobbying activities with $91,286 in contributions and $120,000 in lobbying spending in the 2024 cycle. Additionally, the revolving door fact that all included lobbyists have previously held government positions raises concerns about undue political influence and potential complicity in authoritarian practices.
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COLLABORATOR
Porsche AG is currently rated as a Collaborator.
Latest Events
- FEB192025
The article details Porsche Automobile Holding SE's political contributions and lobbying activities with $91,286 in contributions and $120,000 in lobbying spending in the 2024 cycle. Additionally, the revolving door fact that all included lobbyists have previously held government positions raises concerns about undue political influence and potential complicity in authoritarian practices.
-40
Political Contributions and Lobbying Efforts
March 27
Porsche Automobile Holding SE's lobbying expenditure of $120,000, paired with significant political contributions, points to deliberate involvement in influencing political processes. Such efforts can facilitate access to decision-makers and may contribute to an authoritarian-friendly environment, especially when combined with revolving door practices.
Porsche Automobile Holding SE Profile: Summary • OpenSecrets
-30
Executive Political Engagement
March 27
The fact that 1 out of 1 Porsche lobbyists have previously held government positions signals a strong revolving door phenomenon. This kind of executive political engagement can compromise the integrity of policy-making processes and create a nexus between corporate interests and state power, thereby contributing to an authoritarian environment.
Porsche Automobile Holding SE Profile: Summary • OpenSecrets
- FEB192025
OpenSecrets data exposes Porsche Automobile Holding SE's active involvement in U.S. lobbying, highlighting how the company channels its influence into politicized arenas and potentially bolsters frameworks that undermine democratic practices.
-30
Political Contributions and Lobbying Efforts
March 27
The OpenSecrets profile indicates that Porsche Automobile Holding SE is actively involved in lobbying efforts in the U.S., an activity that contributes to corporate influence over political processes. From a left-leaning perspective, this exertion of power can erode democratic norms and enable policies that favor concentrated corporate interests, potentially supporting authoritarian tendencies.
Porsche Automobile Holding SE Lobbying Profile • OpenSecrets
- FEB152024
Forced labor allegations have surfaced regarding a small electronic component sourced from a sub-supplier in western China, implicating Porsche AG's supply chain in potential human rights abuses under the Uyghur Forced Labor Prevention Act. Porsche has initiated an investigation and is working on replacing the affected parts, but the incident raises serious ethical concerns about its supply chain practices.
-75
Supply Chain Ethics
March 27
The article alleges that a critical electronic component used in Porsche vehicles may be sourced from a sub-supplier in western China that utilizes forced labor practices under the Uyghur Forced Labor Prevention Act. This incident exposes potential ethical breaches in Porsche AG's supply chain, suggesting indirect complicity in human rights abuses. Although the company is actively investigating and replacing the parts, the involvement of forced labor in its supply chain is a significant negative mark on its business practices and ethical responsibility.
Chinese Slave Labor Allegations Hold Up VW's Audi, Porsche, Bentley Vehicles at U.S. Ports
- FEB152024
A report revealed that a Chinese supplier implicated in forced labor practices has disrupted the supply chain for Porsche vehicles, leading to delays and raising serious concerns over ethical sourcing and human rights compliance.
-80
Supply Chain Ethics
March 27
The report highlights that an electronic component used in Porsche vehicles is linked to forced labor practices in western China. This breach of anti-forced labor laws not only raises concerns about ethical sourcing but also implicates Porsche in a broader supply chain failure to uphold human rights, thereby contributing indirectly to authoritarian practices and systemic human rights abuses.
Thousands Of Porsche, Bentley, Audi Cars Held Up In US Over Banned Chinese Part
- FEB142024
An enforcement action by U.S. Customs and Border Protection under the Uyghur Forced Labor Prevention Act revealed that a critical electronic subcomponent used in Porsche vehicles may have originated from a supplier in Xinjiang, raising serious concerns about supply chain due diligence and potential forced labor violations.
-50
Supply Chain Ethics
March 27
The reported incident indicates that Porsche vehicles, as part of the Volkswagen Group, faced impoundment due to a subcomponent sourced from a region associated with forced labor. This lapse in supply chain ethics demonstrates inadequate due diligence in verifying supplier practices and exposes the company to risks associated with human rights abuses, thereby contributing indirectly to authoritarian practices by failing to counter exploitative labor conditions.
- OCT012023
Porsche USA has established comprehensive business and human rights protocols, providing 24/7 channels for addressing human rights concerns, including an anonymous complaint system and dedicated hotline. This initiative reflects a robust commitment to ethical labor practices and corporate accountability.
+80
Labor Relations and Human Rights Practices
March 27
Porsche's Business & Human Rights page outlines clear measures to protect human rights, offering a dedicated office, hotline, and anonymous reporting channels. This proactive approach in addressing labor relations and human rights issues shows a commitment to upholding ethical practices and resisting authoritarian business practices. Such transparency and accountability are vital to counter pushback against fascism and promote fair labor practices.
- MAY012023
Porsche AG released a comprehensive policy statement outlining its commitment to human rights, fair labor practices, and ethical supply chain management. The document details measures to prohibit child and forced labor, ensure fair working conditions, and enforce sustainability principles across its global supply chain.
+80
Labor Relations and Human Rights Practices
March 27
The policy statement demonstrates Porsche's commitment to upholding labor rights and ensuring safe, fair working conditions within both its own operations and its supplier networks. Provisions against child labor, forced labor, and discrimination, along with the promotion of collective bargaining and employee well-being, reflect a strong ethical stance on labor relations and human rights practices.
+90
Supply Chain Ethics
March 27
Porsche’s policy explicitly addresses ethical sourcing and supply chain management by setting strict requirements for business partners. The emphasis on due diligence, risk analysis, and the enforcement of human rights standards among suppliers indicates strong ethical supply chain practices, reducing potential complicity in human rights abuses.
- JAN012023
Porsche outlines its commitment to robust human rights policies and ethical supply chain management through comprehensive grievance mechanisms and due diligence practices.
+80
Labor Relations and Human Rights Practices
March 27
Porsche demonstrates a strong commitment to human rights by establishing a dedicated Business & Human Rights Office, comprehensive complaint procedures, and rigorous due diligence processes. These measures indicate proactive support for labor rights and responsible corporate governance, which align with anti-fascist values by promoting worker welfare.
+75
Supply Chain Ethics
March 27
The article details Porsche's clear commitment to ensuring that its supply chains operate without human rights violations. The availability of multiple reporting channels and dedicated policies reinforces the company’s efforts to maintain ethical sourcing and supply chain transparency, which are vital in countering oppressive practices.
- DEC312022
An OpenSecrets profile reveals that Porsche, through its affiliated entity Porsche Automobile Holding SE, engages in ongoing and significant lobbying activities. This persistent effort to shape legislation and influence policy raises questions from a democratic accountability perspective, suggesting complicity in enabling corporate interests that may support authoritarian tendencies.
-40
Political Contributions and Lobbying Efforts
March 27
Porsche’s documented lobbying efforts through Porsche Automobile Holding SE, as highlighted by OpenSecrets, demonstrate an active attempt to influence political and regulatory processes. Such influence, when used to protect corporate interests over public accountability, aligns with concerns about corporate complicity in supporting authoritarian practices. The consistent political engagement through lobbying undermines democratic transparency and accountability, warranting a negative rating.
Porsche Automobile Holding SE Profile: Lobbying • OpenSecrets
- JAN012010
A report from OpenSecrets reveals that Porsche Automobile Holding SE spent $200,000 on lobbying efforts in 2010, raising concerns about potential political influence and alignment with authoritarian policies. This level of expenditure contributes to suspicions about the company's intent to sway political decisions in favor of corporate interests.
-50
Political Contributions and Lobbying Efforts
March 27
Porsche Automobile Holding SE’s reported spending of $200,000 on lobbying in 2010 suggests an active effort to influence political outcomes. This practice is concerning from an anti-fascist perspective as it potentially supports policies that benefit corporate power over public welfare and can contribute to an environment conducive to authoritarianism. The financial leverage used in political lobbying may undermine democratic accountability.
Porsche Automobile Holding SE Lobbying Reports • OpenSecrets
- JAN011940
An investigation reveals Porsche AG's historical involvement with Nazi Germany and the use of forced labor during the WWII era, raising questions about the company's past labor practices and human rights record.
-80
Labor Relations and Human Rights Practices
March 27
The article highlights Porsche AG’s historical ties with Nazi Germany through the exploitation of forced labor. This dark aspect of its past reflects serious concerns regarding labor relations and human rights practices. Such involvement with oppressive regimes underscores a legacy of ethical irresponsibility in its business practices.
- JAN011935
An analysis of Porsche AG's historical involvement with the Nazi regime, detailing its political engagement with Hitler’s government, use of prisoner labor, and economic collaboration that bolstered Germany’s war machine.
-90
Economic and Structural Influence
March 27
Porsche’s economic collaboration with the Nazi regime, including receiving state-funded military contracts and contributing to an authoritarian war economy, exhibits an alarming level of structural influence in supporting fascist policies.
Porsche & the Nazis: How the Supercar King Became Fascism’s Favourite Engineer
-70
Public and Political Behavior
March 27
Porsche's early collaboration with the Nazi regime—demonstrated by direct engagements with Hitler, securing major military contracts, and supporting fascist policies—reflects a negative public and political behavior that aided authoritarian power.
Porsche & the Nazis: How the Supercar King Became Fascism’s Favourite Engineer
-80
Business Practices and Ethical Responsibility
March 27
The use of forced labor, specifically prisoner of war labor under dire conditions, during the production of military vehicles underscores severe breaches in ethical business practices and human rights responsibilities.
Porsche & the Nazis: How the Supercar King Became Fascism’s Favourite Engineer
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