Acquired by Chinese conglomerate Tencent in 2011.
|Riot Games Inc||USA||website|
| Tencent Holdings Ltd
owns 100% of Riot Games Inc
Tencent is mindbogglingly huge, being one the world's largest companies in each and all of the following areas: video games, technology, social media, venture capital and investment.
| Naspers Ltd
owns 31% of Tencent Holdings Ltd
In one of the most successful venture capital investments of all time, Naspers bought a 46.5% stake in Chinese tech giant Tencent when it was still a start-up in 2001. That $32 million investment was worth $175 billion in 2018.
|Riot Games Inc|
In 2022 this company agreed to a US$100 million settlement that resolves claims the Riot Games' workplace was filled with systemic gender discrimination and harassment against female employees and temporary agency contractors. Under the agreement, a minimum of US$80 million will go to about 1,065 female Riot employees and about 1,300 temporary contract workers, plus up to US$20 million in attorneys fees. The settlement covers a class period from Nov 6, 2014, through Dec 21, 2021.
Source: Top Class Actions (2022)
This company has social impact claims on its website.
Source: company website (2022)
|Tencent Holdings Ltd|
Greenpeace's 2017 report 'Clicking Clean' looks at the energy footprints of large data centre operators and popular websites and applications, and calls on these companies to power their data centres on renewable energy. Companies are graded (A,B,C,D,F) on their commitment to and procurement of renewable energy, as well as energy efficiency, transparency and advocacy. This company's final grade was F.
Source: Greenpeace (2017)
This company received a score of 0/100 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)
Many apps are designed to be deliberately addictive, using psychological tricks that continuously grab your attention. The Center for Humane Technology partnered with Moment, an app that helps people track their screen time, to ask how much screen time in apps left people feeling happy, and how much time left them in regret. Apps were ranked with data collected from a pool of 200,000 iPhone users. This company's WeChat app ranked fourth in the Most Unhappy list, with 62% of users reporting they are "unhappy" with the app and how much time they spend on it, with daily usage averaging 97 minutes.
Source: Center for Humane Tech (2021)
This company is 31% owned by Naspers, which has an overall Shop Ethical rating of 'F'.
Source: Shop Ethical (2020)
The Tencent Charity Foundation was founded in June 2007. It represents Tencentâs commitment to support charities through the donation of a portion of yearly profits.
Source: company website (2020)
This company has Corporate Social Responsibility claims on its website including making environmental protection a priority, adopting sustainable investment strategies, commitment to environmental sustainability and philanthropy.
Source: company website (2020)
In 2022, 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 C.
Source: CDP (2022)
Business & Human Rights Resource Centre digital platform presents news and allegations relating to the human rights impact of over 20,000 companies. Their enhanced Company Dashboards also include financial information, key data points based on corporate policies, and scores from prominent civil society benchmarks. Follow the link and use the search function to view this company's dashboard.
Source: BHRRC (2022)
This company received an S&P Global ESG Score of 48/100 in the Interactive Media Services & Home Entertainment category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 21 Oct 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)
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)
|Address||Los Angeles, California, USA|
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