Cognizant
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OVERALL |
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Owned |
USA |
Rating |
N/A |
IT services
Cognizant Technology Solutions Corporation | USA | website |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Cognizant Technology Solutions Corporation | ||||
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of D.
Source: CDP (2023)
On 4 June 2020, this company agreed to settle a class action lawsuit in California for $5.7m over allegations it underpaid a group of US employees for overtime worked.
Source: Staffing Industry Analysts (2020)
In 2019 this company agreed to pay US$25m to settle charges that it violated the Foreign Corrupt Practices Act and two of the company's former executives were charged for their roles in facilitating the payment of bribes to an Indian government official. The Securities and Exchange Commission found that this company violated sections of the Securities and Exchange Act and without admitting or denying the allegations, the company agreed to pay disgorgement and prejudgement interest of approximately $19m and a penalty of $6m.
Source: US SEC (2019)
In 2022 the median pay for a worker at this company was US$31,450. The CEO was paid 571 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
Source: AFL-CIO (2023)
This company received an S&P Global ESG Score of 36/100 in the IT Services & Internet Software and Services category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 23 Sep 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2022)
The 2023 Digital Inclusion Benchmark ranks 200 companies on their responsibility to advance a more inclusive digital society. The companies were assessed using four measurement areas: access, skills, use and innovation. This company ranked #107/200, with a total score of 28.9/100.
Source: World Benchmarking Alliance (2023) |
As You Sow's 2020 report, 'The 100 Most Overpaid CEOs', reveals the 100 most overpaid CEOs from USA's 500 largest public companies (as determined by the S&P 500 list). This company's CEO, Francisco D'Souza came in at number 63 on the list, having been paid US$14,094,531 in 2019. According to the report, "Most CEOs have come to be grossly overpaid, and that overpayment is harmful to the companies, the shareholders, the customers, the other employees, the economy, and society as a whole."
Source: As You Sow (2020)
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
Source: We Mean Business (2021)
This company has sustainability claims on its website under the headings of social responsibility, environmental stewardship and governance.
Source: company website (2020)
This company received a score of 56.9/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
Source: Newsweek (2017)
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
Source: Open Secrets (2020)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2024 rankings the public identified 20 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 365th of 937 companies, and 10th of 21 Computer Services companies.
Source: JUST Capital (2024) |
Company Details
Type | Public company |
Founded | 1994 |
Contact Details
Address | Teaneck, New Jersey, USA |
Website | www.cognizant.com |