Company Directory - Teradyne, Inc.
Company Details - Teradyne, Inc.
Teradyne, Inc.
WebsiteNorth Reading, United States
Teradyne is a global provider of automated test equipment used for semiconductors, hard disk drives, circuit boards, and electronic systems. In addition to its core testing solutions, the company has expanded into industrial automation by offering collaborative and autonomous robots for factory applications.
CCI Score
CCI Score: Teradyne, Inc.
1.04
Latest Event
Teradyne Inc Political Influence Profile
Analysis of Teradyne Inc based on OpenSecrets data that highlights its political contributions, lobbying expenditures, and the revolving door phenomenon among its lobbyists, suggesting potential complicity in practices that favor authoritarian influence.
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OBJECTOR
Teradyne, Inc. is currently rated as an Objector.
Latest Events
- FEB062025
Analysis of Teradyne Inc based on OpenSecrets data that highlights its political contributions, lobbying expenditures, and the revolving door phenomenon among its lobbyists, suggesting potential complicity in practices that favor authoritarian influence.
- DEC312024
Teradyne, Inc. disclosed a $22,500 lobbying expenditure for Q4 2024, indicating its active involvement in political lobbying. This engagement raises concerns about potential influence over policy making that might indirectly support authoritarian practices.
-20
Political Contributions and Lobbying Efforts
March 25
The $22,500 lobbying spending disclosed in a Q4 2024 filing shows that Teradyne is engaging in political lobbying. Although the amount is relatively modest, its involvement in influencing policy arenas raises concerns about supporting frameworks that can facilitate authoritarian initiatives. In the current political climate, even limited lobbying expenditures can be seen as a strategic move to shape regulatory outcomes.
Lobbying Update: $22,500 of TERADYNE INC. lobbying was just disclosed
- DEC312023
Teradyne Inc. spent $147,500 on lobbying efforts in 2023, raising concerns about corporate influence on democratic processes and potential support for authoritarian policies.
-40
Political Contributions and Lobbying Efforts
March 25
Teradyne Inc.'s reported expenditure of $147,500 on lobbying in 2023 is indicative of its active involvement in influencing policy. While the amount may be modest compared to top spenders, from an anti-fascist perspective, any corporate attempt to sway political processes contributes to undermining democratic accountability and may inadvertently support authoritarian agendas. The lack of transparency in how these funds are used further raises concerns about corporate complicity in fostering environments that enable authoritarian practices.
- JAN012023
Teradyne has published its Code of Conduct, outlining a commitment to honest and ethical business practices with clear guidelines for employees, officers, directors, and business partners. This initiative is intended to uphold a high standard of corporate ethics and accountability.
+80
Business Practices and Ethical Responsibility
January 1
Teradyne's release of its Code of Conduct reflects a commitment to ethical business practices by establishing clear standards and guidelines for behavior within the company and among its external partners. This policy serves as a preventive measure against unethical practices that could indirectly contribute to corporate complicity in authoritarian behavior. By proactively setting these standards, Teradyne is taking a positive stance in promoting accountability and resisting practices that could support broader oppressive systems.
- OCT012022
Facing U.S. export regulations intended to restrict sensitive semiconductor technologies, Teradyne proactively relocated approximately $1 billion in manufacturing from China. This decision helped mitigate supply chain disruptions and reduced potential indirect support to repressive state practices, reflecting a commitment to ethical business practices and economic responsibility.
+10
Business Practices and Ethical Responsibility
March 25
Teradyne’s decision to move its manufacturing out of China in response to export control regulations illustrates a cautious and responsible business practice. By aligning with U.S. regulatory demands rather than seeking workarounds, the company avoids inadvertently supporting practices associated with authoritarian regimes. This move showcases a commitment to ethical responsibility in its supply chain decisions.
Teradyne pulled $1 billion worth of manufacturing from China amid US export controls
+10
Economic and Structural Influence
March 25
The manufacturing shift reflects how Teradyne navigated economic pressures and regulatory challenges. By relocating production away from a jurisdiction impacted by U.S. export controls, the company reduced its exposure to economic risks and potential entanglements with authoritarian trade practices, suggesting a responsible stance in the broader economic and structural landscape.
Teradyne pulled $1 billion worth of manufacturing from China amid US export controls
- OCT222020
Teradyne Inc. agreed to pay $125,000 to settle allegations by the U.S. Labor Department regarding discriminatory hiring practices against Asian and Hispanic applicants. This settlement raises significant concerns regarding the company's commitment to fair labor practices and its treatment of minority workers.
-60
Labor Relations and Human Rights Practices
March 25
The settlement over claims of hiring bias against Asian and Hispanic candidates indicates a failure to uphold fair labor practices and respect for human rights in the workplace. Such discriminatory practices not only harm the affected communities but also reflect broader systemic issues in corporate management and ethical responsibility.
Teradyne Settles Claims of Hiring Bias Against Asians, Hispanics
- APR012020
Teradyne released its Human Rights Policy outlining best practices for labor rights, supplier ethics, and non-discrimination, aligning with international standards such as the UN Guiding Principles and the OECD Guidelines. This policy underscores the company’s commitment to ethical labor practices, stakeholder engagement, and supply chain responsibility.
+90
Labor Relations and Human Rights Practices
March 25
Teradyne’s Human Rights Policy demonstrates a strong commitment to labor rights and human dignity. The policy mandates training for employees, establishes a confidential hotline for potential violations, and adheres to international standards such as the UN Universal Declaration of Human Rights. These measures indicate a robust effort to ensure fair treatment and safe working conditions, earning a high score in labor relations and human rights practices.
+80
Supply Chain Ethics
March 25
The policy not only focuses on internal labor practices but also extends ethical commitments to the supply chain. Teradyne requires its suppliers and partners to follow similar human rights and labor standards by flowing down the Responsible Business Alliance Code of Conduct. This proactive approach to supply chain ethics reflects a commendable effort to prevent complicity in human rights abuses.
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Industries
- 334413
- Semiconductor and Related Device Manufacturing
- 334515
- Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals
- 334519
- Other Measuring and Controlling Device Manufacturing