Company Directory - Zoom Video Communications, Inc.
Company Details - Zoom Video Communications, Inc.
Zoom Video Communications, Inc.
WebsiteSan Jose, United States
ISIN: US99052E1086
Zoom is a video communications app that enables users to set up virtual video and audio conferencing, webinars, and live chat. It provides a cloud-based platform designed for remote collaboration and real-time connection.
CCI Score
CCI Score: Zoom Video Communications, Inc.
45.98
-0.03%
Latest Event
Zoom's $370K Lobbying Expenditure in 2024
OpenSecrets data indicates that Zoom Video Communications spent $370,000 on federal lobbying efforts during 2024, reflecting notable corporate political engagement.
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LEADER
Zoom Video Communications, Inc. is currently rated as a Leader.
Latest Events
- DEC312024
OpenSecrets data indicates that Zoom Video Communications spent $370,000 on federal lobbying efforts during 2024, reflecting notable corporate political engagement.
-40
Political Contributions and Lobbying Efforts
March 30
The expenditure of $370,000 on lobbying activities suggests that Zoom is actively engaging in influencing federal policy. From a left-leaning anti-fascist perspective, such significant political spending can be seen as prioritizing corporate interests over public accountability and democratic transparency, raising concerns about the potential for corporate influence on legislative processes.
- JAN312024
Zoom released its 2024 Modern Slavery Statement outlining its commitment to combat modern slavery, enforce human rights standards across its operations and supply chain, and adopt a robust Business Partner Code of Conduct.
+75
Labor Relations and Human Rights Practices
March 30
Zoom's Modern Slavery Statement emphasizes its strong commitment to upholding human rights through comprehensive policies that prohibit forced labor, child labor, and modern slavery. The training initiatives and explicit anti-slavery measures demonstrate a clear priority on improving labor relations and ensuring ethical treatment of workers.
PDF Modern Slavery Statement Zoom Video Communications, Inc.
+70
Supply Chain Ethics
March 30
The statement details rigorous supply chain due diligence practices including vendor screening, the implementation of a human rights clause in contracts, and requirements for ethical conduct from business partners. These measures reduce the risk of complicity in modern slavery and illustrate a proactive approach to supply chain ethics.
PDF Modern Slavery Statement Zoom Video Communications, Inc.
- OCT012023
A shareholder proposal demands that Zoom provide a semiannual report detailing its policies and procedures for making corporate contributions and expenditures in connection with political campaigns, including information on recipients and decision makers. The proposal aims to increase transparency and accountability in Zoom’s political spending and corporate governance.
+70
Political Contributions and Lobbying Efforts
March 30
The shareholder proposal calls for comprehensive disclosure of Zoom's political contributions and expenditures, which would enhance corporate transparency and accountability in political spending. This demand for transparency is aligned with anti-authoritarian values and promotes enhanced stakeholder oversight, reducing the risk of opaque corporate political influence.
PDF Zoom Video Communications, Inc. Political Disclosure Shareholder Proposal
- JUN212023
Following shareholder proposals spurred by New York State Comptroller Thomas DiNapoli, Zoom Video Communications, Inc. announced it will publicly report both monetary and nonmonetary contributions related to political campaigns. This disclosure measure is seen as a step toward greater transparency in corporate political spending.
+50
Political Contributions and Lobbying Efforts
March 30
Zoom's commitment to disclosing both monetary and nonmonetary political contributions enhances transparency and accountability in corporate political behavior. This move aligns with anti-fascist values by enabling public oversight of potential political influences, thereby countering opaque financial support that could be leveraged to bolster authoritarian influences.
Match, Zoom Revealing Political Spending After NY State Push (1)
- MAY172023
Zoom published a detailed Modern Slavery Statement for the fiscal year ended January 31, 2023, outlining its commitment to preventing modern slavery, human trafficking, and unethical labor practices. The statement, approved by the Board on May 17, 2023, lays out robust policies including a Business Partner Code of Conduct, strict supply chain ethical standards, and comprehensive training and whistleblower programs to ensure respect for human rights.
+90
Labor Relations and Human Rights Practices
March 30
The statement demonstrates a strong commitment to labor rights and human rights practices by explicitly opposing all forms of modern slavery and human trafficking and by implementing policies to protect employees and supply chain workers. These measures align with progressive, anti-authoritarian values.
+85
Supply Chain Ethics
March 30
The document details comprehensive efforts to enforce ethical conduct throughout Zoom's supply chain. With thorough due diligence processes and clear contractual expectations for ethical behavior among business partners, Zoom’s procedures mitigate risks associated with forced labor and unethical sourcing, underscoring its anti-exploitative stance.
- MAY172023
On May 17, 2023, Zoom adopted a political contributions policy that prohibits the use of corporate resources for campaign contributions to political candidates, political parties, or related intermediaries. The policy also clarifies that Zoom employees’ personal contributions are their own responsibility, emphasizing compliance with campaign finance laws and transparency through periodic disclosure of any corporate political giving.
+80
Political Contributions and Lobbying Efforts
March 30
Zoom's clear policy to prohibit the use of corporate resources for political contributions minimizes the risk of undue influence and corporate interference in political processes. This move reinforces ethical corporate practices by ensuring that company resources are not used to support political campaigns or lobby for authoritarian policies. The commitment to transparency through semi-annual disclosures further bolsters democratic accountability.
- MAY012023
Zoom released its FY2023 ESG and Social Impact reports highlighting its commitment to sustainability, transparent data collection, and significant contributions to communities, including millions in grants and in-kind donations to support BIPOC-led and marginalized organizations.
+60
Public and Political Behavior
March 30
The publication of detailed ESG and Social Impact reports demonstrates transparency and accountability, highlighting Zoom’s engagement with a broad range of stakeholders and its support for progressive community initiatives. This active public communication fosters trust and reinforces socially responsible behavior.
+80
Business Practices and Ethical Responsibility
March 30
By outlining robust ESG initiatives and social impact achievements—including significant support for community organizations and initiatives aimed at advancing diversity and inclusion—Zoom demonstrates a commitment to ethical business practices and responsible corporate governance.
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