Company Directory - Samsung Group
Company Details - Samsung Group
Samsung Group
WebsiteSeoul, South Korea
Samsung is a South Korean multinational conglomerate known for its electronics and technology. The company is involved in various sectors including consumer electronics, semiconductors, home appliances, and more. It has also taken a pledge to refrain from using seabed minerals, reflecting a commitment to sustainable practices.
CCI Score
CCI Score: Samsung Group
-8.66
0.01%
Latest Event
Samsung Group Pledges Ethical Supply Chain by Avoiding Seabed Minerals
Samsung's pledge to refrain from using seabed minerals underscores its commitment to sustainable practices and ethical sourcing, distinguishing the company in an industry marked by environmental and regulatory uncertainties related to deep-sea mining.
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COLLABORATOR
Samsung Group is currently rated as a Collaborator.
Latest Events
- MAR272025
Samsung's pledge to refrain from using seabed minerals underscores its commitment to sustainable practices and ethical sourcing, distinguishing the company in an industry marked by environmental and regulatory uncertainties related to deep-sea mining.
- MAR102025
Samsung Group more than doubled its U.S. political contributions during the presidential election year, increasing donations by 109.6% from 2020 to 2024. This move appears aimed at strengthening ties with American policymakers amid the threat of a potential second Trump administration, raising concerns over the company’s support for political forces that may undermine democratic norms.
-60
Political Contributions and Lobbying Efforts
March 27
Samsung's significant surge in U.S. political donations—rising by over 109% in a key election cycle—suggests a deliberate effort to forge closer ties with American political actors. This action is perceived as facilitating the influence of corporate money in politics and potentially contributing to the rise of authoritarian policies, particularly in the context of strategies associated with a return of Trump-style politics.
- MAR052025
Samsung Electronics has reached a significant wage agreement with its union, resulting in a 5.1% pay boost along with additional benefits such as bonus points for in-house services and measures to support workers with families. This milestone agreement follows a historic strike and reflects a positive evolution in the company's labor relations and fair treatment of its workforce.
+80
Labor Relations and Human Rights Practices
March 27
The wage agreement, which includes a 5.1% pay raise and additional worker benefits, marks a progressive step in Samsung’s labor relations. This contract, reached after a significant strike, underlines the company’s commitment to fair labor practices and improved human rights within its operations, aligning with anti-fascist values that support workers' rights and equitable treatment.
(LEAD) Samsung Electronics, union reach wage deal for 5.1 pct pay hike ...
- MAR052025
Samsung Electronics reached a wage agreement with its largest labor union, resulting in a 5.1% pay raise along with bonus incentives and additional employment benefits. This agreement marks a turning point in labor-management relations, reinforcing fair labor practices and improved working conditions.
+80
Labor Relations and Human Rights Practices
March 27
The wage agreement between Samsung Electronics and its union is a positive development in labor rights. By implementing a 5.1% pay hike along with additional benefits, Samsung has demonstrated a commitment to improving working conditions and prioritizing the well-being of its employees. This development is a strong indicator of ethical labor practices that counter exploitative work policies often linked to broader authoritarian corporate behaviors.
- DEC312024
Samsung Group spent nearly $7 million in US lobbying in 2024, leveraging its political influence amid a shifting US policy landscape. The aggressive lobbying expenditure raises concerns about corporate complicity in bolstering authoritarian and fascist leanings through political contributions.
-70
Political Contributions and Lobbying Efforts
March 27
Samsung Group's reported lobbying expenditure of nearly $7 million in 2024, a significant increase from previous years, demonstrates a clear strategy to influence U.S. policy. This aggressive political engagement, under the guise of reacting to shifting policies such as the CHIPS Act and other regulatory changes, strongly aligns with concerns over corporate support for authoritarian practices. The scale and consistency of these efforts suggest a deliberate attempt to shape legislative outcomes in favor of corporate interests, thereby potentially undermining democratic processes.
- OCT042024
An article revealed that Samsung Group spent $3.54 million on lobbying efforts in the first half of 2024 in the U.S., a move that critics argue may contribute to undermining democratic processes and facilitating corporate influence in politics.
-50
Political Contributions and Lobbying Efforts
March 27
Samsung Group's allocation of $3.54 million towards lobbying activities in the U.S. reflects a significant use of corporate resources to influence political decision-making. This act is perceived as undermining democratic accountability by channeling money into political processes that can favor authoritarian outcomes. The expenditure raises concerns within the anti-fascist perspective that such activities could facilitate the rise of authoritarianism by prioritizing corporate interests over public welfare.
Samsung, SK, Hyundai Motor, LG Spent $7.62 Mil. Lobbying Expenditures in H1 in U.S.
- DEC312023
In 2023, Samsung Group spent a record US$6.3 million on lobbying efforts in the United States, a move that potentially prioritizes corporate political influence over democratic accountability. This spending raises concerns about the company's role in shaping policies that may benefit corporate interests at the expense of public welfare.
-40
Political Contributions and Lobbying Efforts
March 27
Samsung Group's record lobbying expenditure in 2023 is indicative of a deliberate strategy to influence US policy-making in a way that favors corporate interests. Such actions are concerning from an anti-fascist perspective because they can lead to regulatory frameworks that undermine democratic transparency and accountability, thereby indirectly supporting authoritarian practices.
Major Korean Companies Spend Record Amount on Lobbying in US in 2023
- JUL012019
The Financial Times reported that French authorities have charged Samsung over alleged labour violations, raising significant concerns regarding the conglomerate's labor practices and overall treatment of workers.
-60
Labor Relations and Human Rights Practices
March 27
French authorities have initiated charges against Samsung for alleged labour violations, which raises substantial concerns about the company's adherence to fair labor practices and respect for workers' rights. Such violations contribute to broader patterns of corporate behavior that can undermine democratic values and worker protections.
Samsung faces charges in France over alleged labour violations
- JUN232019
A report uncovers severe labor rights violations at Samsung factories in Asia, highlighting issues such as forced labor, unfair termination, and abuse of irregular workers, which undermine ethical business practices and worker welfare.
-75
Labor Relations and Human Rights Practices
March 27
The report documents serious violations of labor rights at Samsung factories in India, Vietnam, and Indonesia. Employees face exploitative conditions, including forced labor, inadequate wages, and unfair termination practices. Such conditions starkly contradict Samsung's commitments to worker rights and ethical labor practices, thereby contributing to broader patterns of corporate complicity in systems that devalue human rights.
Report finds exploitative working conditions in Samsung factories across Asia
- JAN012019
In 2019, investigative reports by the Hankyoreh alleged unsustainable labour practices in Samsung's supply chain, highlighting issues such as worker exploitation, poor wages, health and safety concerns, and union busting at mobile phone factories in India, Indonesia, and Vietnam.
-60
Labor Relations and Human Rights Practices
March 27
Investigative findings pointed to serious labor rights violations in Samsung's supply chain, including poor wages, unsafe working conditions, and allegations of union busting. These issues suggest a neglect of worker rights and contribute to corporate practices that enable systemic exploitation.
Samsung accused of 'unsustainable labour practices' in its supply chain; Incl. co. statement
-50
Supply Chain Ethics
March 27
The report raises serious concerns about Samsung's supply chain ethics, citing poor health and safety conditions and exploitative practices in factories supplying mobile phone components. This lack of ethical oversight undermines claims of corporate social responsibility.
Samsung accused of 'unsustainable labour practices' in its supply chain; Incl. co. statement
- NOV282014
An investigative report by China Labor Watch highlighted severe labor abuses in Samsung-owned and supplier factories in China, including excessive overtime, poor working conditions, and use of temporary labor that undermines worker rights. The report casts doubt on Samsung's internal audits and commitment to improving labor standards.
-60
Labor Relations and Human Rights Practices
March 27
The China Labor Watch report details significant labor violations at Samsung-related factories in China, including extensive overtime beyond the legal limits, penalties against workers, reliance on dispatch labor, and questionable hiring practices. These issues undermine worker rights and suggest that Samsung's oversight and auditing processes are insufficient, contributing to systemic abuses that can empower authoritarian practices by suppressing worker dissent.
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