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Company Directory - Telstra Corporation Limited

Company Details - Telstra Corporation Limited

Telstra Corporation Limited Logo

Telstra Corporation Limited

Website

Melbourne, Australia

ASX: TLS 

Telstra is Australia's largest telecommunications and media company, offering a wide range of services including mobile, broadband, fixed-line, and media solutions both domestically and internationally.

CCI Score

CCI Score: Telstra Corporation Limited

16.53

-0.02%

Latest Event

Telstra 2024 Sustainability Report Review

Telstra’s 2024 Bigger Picture Sustainability Report details comprehensive sustainability initiatives that promote ethical labor practices, transparent supply chain ethics, responsible technology use, and positive political engagement. The report contrasts with activities that might support authoritarian practices by emphasizing transparency, equity, and environmental responsibility.

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SABOTEUR

Telstra Corporation Limited is currently rated as a Saboteur.

+10 to +24 CCI Score
Companies in this bracket take more subtle actions to undermine authoritarian practices. They might implement internal policies or support reforms that quietly weaken oppressive systems, contributing to change in less overt ways.

Latest Events

  • Telstra 2024 Sustainability Report Review Logo
    AUG
    31
    2024

    Telstra’s 2024 Bigger Picture Sustainability Report details comprehensive sustainability initiatives that promote ethical labor practices, transparent supply chain ethics, responsible technology use, and positive political engagement. The report contrasts with activities that might support authoritarian practices by emphasizing transparency, equity, and environmental responsibility.

  • +50

    Public and Political Behavior

    March 20

    Under Public and Political Behavior, Telstra demonstrates a moderate but positive record of political engagement. Their sustainability report outlines participation in policy dialogues on climate and nature while avoiding support for authoritarian or fascist agendas. Their engagement is transparent and driven by social responsibility.

    Telstra 2024 Bigger Picture Sustainability Report

  • +75

    Business Practices and Ethical Responsibility

    March 20

    For Business Practices and Ethical Responsibility, Telstra exhibits strong commitments to fair labor practices, inclusion, and ethical supply chain management. The report emphasizes robust employee engagement, respect for human rights, and sustainable supplier practices, all contributing to a positive social footprint.

    Telstra 2024 Bigger Picture Sustainability Report

  • +80

    Technology and Services Impact

    March 20

    In the area of Technology and Services Impact, Telstra is using its advanced network and digital solutions to promote online safety, privacy, and digital inclusion. There is no indication that the company develops or supplies repressive technologies; instead, it focuses on empowering communities and safeguarding data.

    Telstra 2024 Bigger Picture Sustainability Report

  • +60

    Economic and Structural Influence

    March 20

    Regarding Economic and Structural Influence, Telstra demonstrates engagement in sustainable economic practices and transparent collaboration with governmental and regulatory bodies. This proactive approach supports environmental and community benefits, reducing potential complicity in harmful economic practices.

    Telstra 2024 Bigger Picture Sustainability Report

  • Telstra Modern Slavery Act Statement 2024 - Comprehensive Labor & Supply Chain Measures Logo
    AUG
    13
    2024

    Telstra Corporation Limited released its 2024 Modern Slavery Act Statement, detailing extensive measures to mitigate modern slavery risks in its operations and supply chain. The statement outlines robust internal policies, comprehensive employee training, proactive supplier due diligence, regular audits, and effective grievance mechanisms that together illustrate a strong commitment to labor rights and ethical supply chain practices.

  • +80

    Labor Relations and Human Rights Practices

    March 20

    Telstra’s approach to labor relations is comprehensive, featuring mandatory training, strict internal protocols, timely audits, and effective grievance procedures which enhance worker protection. Their clear policies on modern slavery, high training completion rates, and continuous engagement with affected workers underline a strong performance in upholding human rights practices.

    Telstra 2024 Modern Slavery Act Statement

  • +75

    Supply Chain Ethics

    March 20

    Telstra has implemented an updated Supplier Governance Framework and robust due diligence processes, including risk-based audits and enhanced supplier engagement protocols. These efforts, reflected in detailed supplier assessments and corrective action plans, demonstrate proactive management of supply chain risks associated with modern slavery despite challenges in a complex global network.

    Telstra 2024 Modern Slavery Act Statement

  • Telstra Job Cuts Impact on Labor Relations Logo
    MAY
    21
    2024

    Telstra's announcement to cut up to 2,800 jobs as part of a cost-saving measure has been criticized for undermining worker security and violating principles of fair labor practices, affecting nearly 9% of its workforce.

  • -40

    Labor Relations and Human Rights Practices

    March 20

    The decision to eliminate 2,800 positions, impacting a significant portion of Telstra's workforce, demonstrates a disregard for labor rights and worker welfare. This move, which has drawn criticism from labor unions, undermines fair labor practices and contributes to corporate policies that harm employee security, aligning with broader concerns about corporate complicity in authoritarian economic practices.

    Telstra to cut up to 2,800 jobs – ARN

  • Telstra’s Lack of Transparency in Political Expenditure Logo
    SEP
    01
    2023

    An analysis based on The Australia Institute’s report on corporate political expenditure reveals that Telstra Corporation Limited scored only 17.1% in political contributions disclosure. This low level of transparency and oversight on political donations and lobbying activities raises concerns about the company’s potential complicity in enabling undue political influence and weakening democratic accountability.

  • -50

    Public and Political Behavior

    March 20

    Telstra’s disclosed score of 17.1% in political expenditure transparency, as reported in the document, indicates a significant shortfall in disclosure and oversight on political contributions and lobbying activities. Such a low score reflects poor governance in public and political behavior, which may indirectly support authoritarian influences by allowing opaque political spending.

    The Hidden Political Expenditure of Australian Corporations

  • Telstra Human Rights and Modern Slavery Compliance Report FY23 Logo
    AUG
    16
    2023

    Telstra's comprehensive Human Rights and Modern Slavery Act Statement for FY23 demonstrates robust efforts to uphold labor rights, prevent modern slavery in its supply chain, and institute thorough ethical business practices across their global operations.

  • +80

    Business Practices and Ethical Responsibility

    March 20

    Telstra has implemented extensive measures to mitigate modern slavery risks and enhance labor rights across its operations and supply chain. The report details comprehensive internal policies, rigorous supplier due diligence, regular audits, proactive remediation efforts, and mandatory training programs. These actions reflect a strong commitment to business practices and ethical responsibility that align with anti-fascist principles by opposing systemic exploitation and harmful labor practices.

    Human Rights and Modern Slavery Act Statement 2023

  • Telstra Promotes Sustainable Supplier Practices Logo
    JUN
    01
    2021

    Telstra has implemented robust practices to ensure sustainability and ethical standards among its suppliers, including enhanced due diligence, a revised Supplier Code of Conduct, and regular audits. These measures help mitigate supply chain risks and uphold labor and human rights, contributing positively against exploitative practices connected to authoritarian regimes.

  • +85

    Supply Chain Ethics

    June 1

    Telstra’s updated Supplier Code of Conduct and comprehensive supplier governance framework, including Enhanced Due Diligence screening and onsite audits, demonstrate a strong commitment to ethical supply chain practices. This proactive approach minimizes risks of forced or compulsory labor and supports sustainable practices, aligning with international standards. By prioritizing supplier sustainability, Telstra sets a positive example for corporate responsibility and counters practices that could be complicit in endorsing authoritarian labor practices.

    Case study: How Telstra promotes sustainability among its suppliers

  • Telstra's Undeclared Political Donations Spark Controversy Logo
    MAR
    13
    2019

    Telstra has been reported to have failed to disclose over $100,000 in payments to major political parties, raising serious concerns over its political contributions and potential influence on political processes. The lack of transparency in these donations has spurred calls for reform in Australia's electoral financing laws.

  • -50

    Political Contributions and Lobbying Efforts

    March 20

    Telstra's failure to disclose over $100,000 in political donations to major political parties undermines transparency and accountability in political contributions. Such non-disclosure can facilitate undue corporate influence in politics, effectively bolstering the political power of established parties and potentially supporting authoritarian policies. This incident reflects negatively on the company's commitment to ethical political engagement.

    Telstra's undeclared $100,000 in political donations spark reform call

  • Telstra's Lack of Transparency in Corporate Political Expenditure Logo
    JUN
    01
    2016

    An ACCR report on corporate political expenditure in Australia highlights abysmal disclosure and accountability practices among ASX companies. Telstra, scoring only 10 on the ACCR disclosure metric for the ASX 20, shows significant opacity regarding its political contributions and lobbying efforts. This lack of transparency raises concerns of enabling corporate political influence that may indirectly support authoritarian outcomes.

  • -50

    Public and Political Behavior

    March 20

    Telstra's disclosure score of 10 as reported by ACCR indicates extremely poor transparency and accountability in its political expenditure practices. This deficiency in oversight and shareholder engagement suggests that Telstra may be indirectly supporting a system where corporate political contributions are used to influence policy without adequate scrutiny, echoing concerns from anti‐fascist perspectives regarding the corrupting influence of unchecked corporate political power.

    CORPORATE POLITICAL EXPENDITURE IN AUSTRALIA

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