One of the world's largest cybersecurity companies. In 2019 this company sold its enterprise security business to Broadcom for US$10.7 billion and changed its name from Symantec to NortonLifeLock. Acquired rival antivirus providers Avira, AVG, Avast and CCleaner in 2021 and changed its name to Gen Digital in 2022. Co-headquartered in Tempe, Arizona and Prague, Czech Republic.
|Gen Digital Inc||USA||website|
|Gen Digital Inc|
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 B.
Source: CDP (2022)
This company is listed as having best practice on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
Source: Human Rights Campaign (2021)
America's Most Responsible Companies 2022 by Newsweek and Statista recognises the Top 500 most responsible companies in the United States. Companies were evaluated in three areas: environmental (waste, energy use, etc.), social (leadership diversity, employees and philanthropy) and governance (transparency and economic performance). This company received a total score of 79.1/100, ranking 9th in the Software & Telecommunications sector, and 139th overall.
Source: Newsweek (2021)
In May 2022 a jury in Virginia federal court said this company must pay New York's Columbia University US$185 million for violating its rights in two patents related to fighting malware. The jury found that the company infringed the patents willfully, which could lead a judge to boost Columbia's award to as much as US$555 million.
Source: Reuters (2022)
This company and McAfee were fined US$750,000 (AU$927,000) by US authorities for routinely charging customer credit cards without permission. They charged customers to renew subscriptions without their knowledge or consent and also made it difficult for consumers to contact them to opt out of automatic renewal or to request refunds for unauthorised credit charges. Each company was fined US$375,000. [Listed under information due to age of court finding]
Source: Sydney Morning Herald (2009)
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, Gregory Clark came in at number 85 on the list, having been paid US$17,347,581 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)
This company is a member of the Responsible Minerals Initiative (formerly the Conflict-Free Sourcing Initiative), which helps companies address conflict minerals issues in their supply chains. The RMI provides information on conflict-free smelters and refiners, common tools to gather sourcing information, and forums for exchanging best practices on addressing conflict minerals. Membership is open to companies that use or transact in tantalum, tin, tungsten or gold (3TG). Founded in 2008 by members of the Electronic Industry Citizenship Coalition and the Global e-Sustainability Initiative.
Source: RMI (2019)
This company has corporate responsibility claims on its website under the headings Environment, Social and Governance.
Source: company website (2022)
This company is a member of the Responsible Business Alliance (formerly the Electronic Industry Citizenship Coalition), a non-profit coalition of electronics companies which supports the rights and wellbeing of workers and communities worldwide affected by the global electronics supply chain. RBA members commit and are held accountable to a common Code of Conduct and utilize a range of RBA training and assessment tools to support continuous improvement in the social, environmental and ethical responsibility of their supply chains.
Source: RBA (2022)
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Source: company website (2016)
As You Sow's 2019 report, Mining the Disclosures, is a deep analysis of 215 companies' human rights performance in relation to sourcing conflict minerals from the Democratic Republic of the Congo (DRC). This company's score was 51.7% (Adequate).
Source: As You Sow (2019)
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)
In 2019 the median pay for a worker at this company was US$115,899. The CEO was paid 25 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. A lower pay ratio could indicate a company is dedicated to creating high-wage jobs and investing in their employees for the company's long-term health.
Source: AFL-CIO (2020)
This company received an S&P Global ESG Score of 51/100 in the Software 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)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2023 rankings JUST Capital asked a representative sample of 3,002 Americans to compare 20 different business Issues on a head-to-head basis, producing a reliable hierarchy of Issues ranked in order of priority. Issues are organised under the headings Workers, Customers, Communities, the Environment, or Shareholders & Governance. 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 395th of 951 companies, and 31st of 63 Software companies.
Source: JUST Capital (2023)
|Revenue||2.8 billion USD (2022)|
|Subsidiaries||NortonLifeLock Australia Pty Ltd
Best known for Norton security software.
|Address||Tempe, Arizona, USA|