Company Directory - Turtle Beach Corporation
Company Details - Turtle Beach Corporation
Turtle Beach Corporation
WebsiteSan Diego, USA
Turtle Beach Corporation is a leading manufacturer and designer of gaming headsets and audio solutions, catering to gamers and audio enthusiasts worldwide.
CCI Score
CCI Score: Turtle Beach Corporation
36.53
-0.02%
Latest Event
Turtle Beach Adopts Global Human Rights Policy
Turtle Beach Corporation published its Global Human Rights Policy, outlining its commitment to uphold international human rights standards in labor practices, non-discrimination, workplace safety, and ethical supply chain management. The policy aligns with key global conventions and applies to all employees, contractors, and suppliers.
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DISSENTER
Turtle Beach Corporation is currently rated as a Dissenter.
Latest Events
- NOV012024
Turtle Beach Corporation published its Global Human Rights Policy, outlining its commitment to uphold international human rights standards in labor practices, non-discrimination, workplace safety, and ethical supply chain management. The policy aligns with key global conventions and applies to all employees, contractors, and suppliers.
+90
Labor Relations and Human Rights Practices
April 1
The policy underscores Turtle Beach's strong commitment to labor rights, ensuring safe working conditions, equal opportunity, and adherence to international human rights conventions. This proactive stance supports worker dignity and aligns with progressive values.
+80
Supply Chain Ethics
April 1
By extending its policy to include supplier human rights expectations and incorporating these into contractual obligations, Turtle Beach promotes ethical supply chain practices. This measure helps counter potential exploitation and reinforces accountability across its global sourcing network.
- OCT012023
Turtle Beach Corporation demonstrates robust commitment to ethical supply chain practices and labor rights by enforcing a comprehensive Manufacturer Code of Conduct, rigorous compliance with anti-slavery, forced labor, and human trafficking laws, and routine audits of its manufacturing partners.
+90
Labor Relations and Human Rights Practices
March 27
Turtle Beach Corporation’s adherence to strict labor rights through its Manufacturer Code of Conduct, internal accountability, and routine audits reflects a strong commitment to protecting worker rights and human dignity. These measures effectively mitigate risks related to forced labor and human trafficking in their supply chain.
+90
Supply Chain Ethics
March 27
The company’s proactive enforcement of its Manufacturer Code of Conduct with clear guidelines against modern slavery and forced labor, combined with regular compliance audits and training, positions Turtle Beach as a leader in supply chain ethics.
- JUN222023
Turtle Beach Corporation's Board of Directors announced several changes aimed at optimizing governance best practices, including a waiver agreement with a major shareholder that relinquishes replacement rights for an outgoing director and the addition of Mr. Wyatt to key board committees. These measures highlight a commitment to transparency and accountability.
+40
Business Practices and Ethical Responsibility
April 1
The board’s governance improvements—waiving replacement rights and expanding committee roles—enhance accountability and corporate transparency, aligning with anti-fascist principles that prioritize checks on undue power and promote best-in-class practices.
Turtle Beach Board of Directors Takes Additional Steps to Optimize Governance Best Practices
- JUN222023
The Turtle Beach Board of Directors has introduced a series of governance reforms—including a waiver agreement with a major shareholder and the addition of new board committee roles—demonstrating a commitment to best-in-class corporate governance. These changes support transparency and accountability, which are crucial in countering authoritarian corporate practices.
+80
Public and Political Behavior
March 27
The proactive steps taken by the Board to optimize governance practices—such as waiving replacement rights and enhancing committee representations—reflect a significant move toward transparency and accountability. This strengthens democratic ideals within the corporate structure and reduces the risk of autocratic decision-making.
Turtle Beach Board of Directors Takes Additional Steps to Optimize Governance Best Practices
+75
Business Practices and Ethical Responsibility
March 27
The governance reforms signal a commitment to ethical business practices and responsible corporate behavior. By enhancing board structures and oversight, Turtle Beach reinforces transparency and ethical responsibility, thereby reducing the risk of practices that could bolster authoritarian influences.
Turtle Beach Board of Directors Takes Additional Steps to Optimize Governance Best Practices
- MAY012023
Turtle Beach announced a CEO transition plan effective June 30, 2023, alongside major governance changes including the separation of the CEO and Chairman roles, the election of an independent Chairman, board reorganization, and proactive engagement with Immersion Corporation to avoid a proxy contest. These measures signal a move towards greater accountability and transparent corporate governance.
+50
Executive Political Engagement
April 1
The board’s decision to initiate a CEO succession plan and restructure governance by separating the CEO and Chairman roles represents an effort to decentralize power and enhance accountability. From an anti-authoritarian perspective, such measures reduce the concentration of power and promote transparent decision-making, which is beneficial in mitigating corporate complicity in authoritarian practices.
Turtle Beach Announces CEO Transition Plan and Governance Actions
- MAY012023
Turtle Beach Corporation announced a series of governance reforms, including a CEO succession plan, the separation of the CEO and Chairman roles, and board reorganization. These measures aim to enhance transparency and accountability, thereby reducing the risks associated with autocratic consolidation.
+70
Public and Political Behavior
March 27
The governance reforms, such as the separation of the CEO and Chairman roles, introduce stronger oversight and help prevent autocratic concentration of power. This enhances the company’s political behavior by aligning leadership practices with democratic accountability.
Turtle Beach Announces CEO Transition Plan and Governance Actions
+75
Business Practices and Ethical Responsibility
March 27
The company's proactive approach towards internal governance—including a clear CEO transition plan and board restructuring—demonstrates a commitment to ethical business practices and accountability. Such measures reduce the risk of supporting authoritarian tendencies by promoting transparency and integrity in corporate decision‐making.
Turtle Beach Announces CEO Transition Plan and Governance Actions
- JAN012023
Turtle Beach Corp launched its first CarbonNeutral® gaming headsets in new Pink & Teal colorways, with emissions offset in accordance with The CarbonNeutral Protocol via a partnership with Climate Impact Partners. The initiative, part of their 'Play with Purpose' campaign, also includes transparent disclosure of their carbon footprint metrics.
+50
Business Practices and Ethical Responsibility
April 1
By launching a product line that is CarbonNeutral and publicly reporting detailed emissions figures, Turtle Beach demonstrates a commitment to ethical business practices and accountability. This transparency and proactive stance on environmental impacts align with progressive values and contribute positively to corporate social responsibility.
- JAN012023
Turtle Beach Corp outlines its ethical standards by requiring all manufacturing partners to comply with anti-human trafficking, forced labor, and modern slavery laws, as mandated by the California Transparency in Supply Chains Act.
+80
Supply Chain Ethics
April 1
Turtle Beach Corp’s policies mandate that its manufacturing partners comply with international, national, and local regulations focused on preventing human trafficking, forced labor, and modern slavery. This proactive approach in managing supply chain risks demonstrates a strong commitment to ethical business practices and labor rights.
- APR212022
Turtle Beach Corporation announced its new ESG initiative, Play with Purpose, which outlines ambitious goals for reducing environmental impact through decreased plastic packaging and carbon footprint, as well as strengthening social commitments through diversity, inclusion, and community support partnerships.
+70
Public and Political Behavior
April 1
The initiative reflects the company's proactive engagement in public and political behavior by supporting social justice and diversity initiatives. Partnerships with organizations such as GLSEN and support for under-represented groups clearly indicate a progressive stance, positively impacting public policy relationships and community engagement.
+80
Business Practices and Ethical Responsibility
April 1
The 'Play with Purpose' program underscores a strong commitment to ethical business practices. By setting measurable environmental goals such as reducing plastic in packaging and lowering carbon emissions, and by advancing initiatives that enhance workplace diversity and community involvement, Turtle Beach is emphasizing responsible corporate governance.
- DEC312020
Turtle Beach disclosed its 2020 performance regarding conflict minerals in its supply chain. The company reported that 94% of its smelters and refiners (SORs) were conformant according to responsible sourcing audits, while 14 SORs (about 5.7%) were nonconformant, with 11 lacking clear traceability. Turtle Beach noted efforts with manufacturing partners to source only from validated conformant SORs but did not lay out concrete improvement steps for the future.
-10
Supply Chain Ethics
April 1
The report on Turtle Beach's conflict minerals sourcing shows that while a large majority of suppliers meet conformity standards, the presence of nonconformant SORs—with incomplete traceability for several—raises concerns about responsible sourcing and the potential for inadvertently supporting human rights abuses. Additionally, the absence of clear corrective measures contributes to a negative evaluation under supply chain ethics.
Conflict minerals and the challenge of not funding human rights abuses
- AUG232019
Turtle Beach Corporation published its Code of Business Conduct and Ethics outlining rigorous guidelines on compliance with laws, personal integrity, and ethical behavior. The document emphasizes adherence to legal and regulatory standards, clear anti-bribery policies, whistleblower protections, and limits on conflicts of interest, demonstrating a commitment to ethical business practices that reduce the risk of complicity in authoritarian practices.
+80
Business Practices and Ethical Responsibility
March 27
The published Code of Business Conduct and Ethics reflects a strong commitment to ethical behavior and legal compliance, emphasizing transparency, anti-corruption, and a responsible approach to corporate governance. These measures help mitigate risks of unethical business practices that could indirectly support fascist or authoritarian activities. By explicitly outlining internal controls, conflict of interest policies, and whistleblower protections, Turtle Beach Corporation demonstrates a proactive stance on accountability and ethical responsibility.
- AUG232019
Turtle Beach Corporation reaffirmed its commitment to effective and transparent corporate governance by publishing detailed guidelines. The document outlines board responsibilities, ethical standards, and transparency measures, which contribute positively toward ethical business practices and accountability, aligning with anti-fascist principles.
+80
Business Practices and Ethical Responsibility
March 27
The published corporate governance guidelines demonstrate a robust framework for ethical business practices, transparency, and accountability. By emphasizing clear board responsibilities, conflict resolution, and measures for independent oversight, Turtle Beach Corporation shows a commitment to principles that mitigate risks of authoritarian influence. This proactive approach in corporate governance supports a more equitable system, aligning with anti-fascist values.
- JAN012006
According to OpenSecrets, Turtle Beach spent $40,000 on lobbying efforts in 2006. This political contribution raises concerns about the company’s role in influencing policy decisions which could favor authoritarian interests. From an anti-fascist perspective, such lobbying, even if modest in scale, reflects a willingness to engage in political maneuvers that potentially undermine democratic processes.
-30
Political Contributions and Lobbying Efforts
March 27
The company's $40,000 expenditure on lobbying in 2006 is indicative of its engagement in political activities that may support policy decisions aligning with authoritarian interests. Although the amount is relatively modest, from an anti-fascist perspective such activity may contribute to a broader pattern of undermining democratic accountability and transparency in political contributions.
- DEC312005
Turtle Beach Corporation spent $20,000 on lobbying activities in 2005, as revealed by OpenSecrets. This expenditure signals an engagement in political influence that, even at a modest level, contributes to the broader pattern of corporate lobbying which may undermine democratic accountability and favor authoritarian policy outcomes.
-20
Political Contributions and Lobbying Efforts
March 27
The lobbying expenditure of $20,000 indicates Turtle Beach's participation in political spending, which, from a left-leaning perspective, contributes to the influence of corporate interests in shaping policy. While the amount is relatively low compared to industry giants, it nonetheless reflects an effort to influence governmental decisions that may support authoritarian or corporatist agendas.
- JAN012005
Turtle Beach Corporation spent $20,000 on lobbying in 2005. This activity illustrates the company’s engagement in political influence efforts, raising concerns among anti-fascist observers about the potential undermining of democratic accountability through corporate lobbying.
-20
Political Contributions and Lobbying Efforts
March 27
The reported $20,000 lobbying expenditure by Turtle Beach in 2005 points to an active engagement in influencing political processes. From a left-leaning anti-fascist perspective, such corporate political activity is worrisome because it may contribute to the erosion of democratic accountability and favors the interests of corporate power over public welfare.
- JAN012005
Turtle Beach Corporation spent $20,000 on lobbying in 2005, as documented by OpenSecrets. While the amount is relatively modest compared to larger corporations, the expenditure raises concerns about corporate influence in shaping political outcomes that may favor authoritarian policies.
-40
Political Contributions and Lobbying Efforts
March 27
Turtle Beach's $20,000 lobbying expenditure in 2005, though not massive, is concerning from an anti-fascist perspective as it demonstrates the company's willingness to engage in political activities that can be used to influence public policy. The involvement in lobbying raises questions about potential corporate alignment with far-right or authoritarian interests, especially in a political environment increasingly characterized by authoritarian practices.
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Corporate Financials
- Revenue
- 2023
- $138.00M
- Total Assets
- 2023
- $207.00M
- Operating Income
- 2023
- $6.00M
- Total Equity
- 2023
- $60.00M
Industries
- 334310
- Audio and Video Equipment Manufacturing
- 423620
- Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers
- 443142
- Electronics Stores
- 811212
- Computer and Office Machine Repair and Maintenance