Company Directory - Western Union
Company Details - Western Union
Western Union
WebsiteEnglewood, United States
ISIN: US9598021098
500 Locations
Western Union is a global leader in money transfer services, facilitating cross-border and domestic money transfers for individuals and businesses. The company's network spans over 200 countries and territories, enabling quick and secure money transfers through its physical locations and digital platforms.
CCI Score
CCI Score: Western Union
15.01
Latest Event
Western Union Lobbying Disclosure Q4 2024
A new Lobbying Disclosure Act filing revealed that Western Union spent $160,000 on lobbying activities during Q4 2024. The lobbying efforts targeted issues including cross-border remittances, anti-money laundering measures, and notably, bills such as the 'Fund and Complete the Border Wall Act' which align with authoritarian border security policies.
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SABOTEUR
Western Union is currently rated as a Saboteur.
Latest Events
- DEC312024
A new Lobbying Disclosure Act filing revealed that Western Union spent $160,000 on lobbying activities during Q4 2024. The lobbying efforts targeted issues including cross-border remittances, anti-money laundering measures, and notably, bills such as the 'Fund and Complete the Border Wall Act' which align with authoritarian border security policies.
-40
Political Contributions and Lobbying Efforts
June 20
The disclosed lobbying expenditure by Western Union involved engagement with legislation that supports authoritarian measures, such as bolstering border security through acts that could reinforce exclusionary policies. This political behavior raises concerns about corporate complicity in promoting policies that align with far-right agendas.
- JUN192024
Western Union released its Modern Slavery and Human Trafficking Statement for FY 2023, detailing extensive measures to prevent human trafficking and modern slavery. The statement outlines robust compliance practices, vendor due diligence, employee and agent training, and international cooperation in efforts to deter labor abuses.
+80
Labor Relations and Human Rights Practices
June 20
Western Union's detailed statement emphasizes strong measures against modern slavery and human trafficking. The company commits to rigorous vendor risk assessments, continuous employee and agent training, and adherence to international human rights norms. These actions align with progressive labor practices and demonstrate a clear commitment to preventing labor abuses, earning a positive score under the Labor Relations and Human Rights Practices category.
Western Union's Modern Slavery and Human Trafficking Statement for FY 2023
- DEC312023
Western Union released a transparency report as of December 31, 2023 detailing its policy engagement, lobbying activities, and political contributions. The report includes disclosures on federal lobbying, trade association dues allocated to political expenses, and contributions to 527 organizations. Although the contributions are bipartisan and transparently disclosed, such corporate political activity can reinforce entrenched power structures.
-20
Political Contributions and Lobbying Efforts
June 20
The report reveals that Western Union actively engages in lobbying and makes political contributions through various channels, including trade associations and 527 organizations. While the process is transparent and bipartisan, such activities encourage corporate influence in policymaking, which can undermine democratic accountability and enable entrenched corporate power.
Transparency in Policy Engagement and Political Participation Report
- DEC312023
The strategic report for FY2023 details Western Union's commitment to ethical governance through robust stakeholder engagement, regulatory compliance, and strong human rights and labor practices, including a clear condemnation of modern slavery and human trafficking.
+60
Public and Political Behavior
June 20
The report emphasizes proactive stakeholder engagement and transparency in corporate decision-making, demonstrating public accountability and a commitment to ethical governance that aligns with anti-fascist principles.
Extract from the Strategic report of Western Union Payment Services GB Limited
+70
Labor Relations and Human Rights Practices
June 20
The document explicitly condemns modern slavery and human trafficking, reinforces ethical procurement policies, and underscores the importance of human rights and fair labor practices, reflecting a strong anti-fascist, socially responsible corporate stance.
Extract from the Strategic report of Western Union Payment Services GB Limited
- MAR312023
Western Union spent $740,000 on lobbying in 2023, as reported by OpenSecrets. This expenditure indicates the company’s active involvement in influencing policy, a move that raises concerns about prioritizing corporate interests over grassroots democratic engagement.
-50
Political Contributions and Lobbying Efforts
June 20
The reported $740,000 spent on lobbying in 2023 suggests that Western Union is actively engaging in political influence efforts. Such corporate lobbying can contribute to an imbalance in democratic accountability, favoring corporate and elite interests, which aligns with concerns about supporting authoritarian or anti-democratic frameworks.
- MAR012022
In its 2022 ESG report, Western Union reported suspending operations in Russia and Belarus amid the Russian invasion of Ukraine. This decision reflects the company’s commitment to ethical norms and anti-authoritarian, anti-fascist principles by not supporting regimes engaged in aggressive behavior.
+80
Public and Political Behavior
June 20
The suspension of operations in Russia and Belarus is a clear demonstration of Western Union's refusal to engage with or financially support authoritarian regimes. By taking this step, the company aligns its business practices with anti-fascist values and public responsibility, countering the influence of authoritarian actions in global financial flows.
Environmental, Social, and Governance Report - Western Union
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Corporate Financials
- Revenue
- 2025
- $5.00B
- Total Assets
- 2025
- $12.00B
- Operating Income
- 2025
- $700.00M
- Total Equity
- 2025
- $4.00B
Employees: 12,000
Industries
- 518210
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
- 522320
- Financial Transactions Processing, Reserve, and Clearinghouse Activities
- 522390
- Other Activities Related to Credit Intermediation