Airbus SE — Ethics Grade D
Airbus SE receives an overall ethics grade of D (38/100) on CancelCo's corporate accountability database. Sector: Defense & Aerospace. Market cap: Large Cap.
Category scores
- labor: 40
- privacy: 80
- consumer: 70
- environment: 55
- humanRights: 30
Documented incidents (3)
- Historical Bribery Settlement (high, 2020) — Airbus agreed to pay a record $3.9 billion in fines to French, British, and American authorities to settle a long-running probe into the use of illegal intermediaries to bribe government officials for aircraft contracts.
- Mass Layoffs Amid Pandemic (medium, 2020) — The company announced the cutting of approximately 15,000 jobs globally following the aviation slump. Labor unions criticized the move as premature given the level of government support received during the crisis.
- Arms Sales in Yemen Conflict (high, 2019) — Rights groups filed a communication to the International Criminal Court naming Airbus as a supplier of military equipment used by the Saudi-led coalition in the Yemen conflict, alleging complicity in potential war crimes.
Documented good deeds
- Hydrogen Plane Development — The ZEROe project aims to bring the world's first hydrogen-powered commercial aircraft to market by 2035 to eliminate CO2 emissions.
Ethical alternatives
- Embraer S.A. — Better compliance record and strong focus on renewable fuels for regional jets.