CNH Industrial N.V. — Ethics Grade C
CNH Industrial N.V. receives an overall ethics grade of C (48/100) on CancelCo's corporate accountability database. Sector: Agriculture. Market cap: Large Cap.
Category scores
- labor: 35
- privacy: 80
- consumer: 50
- environment: 55
- humanRights: 60
Documented incidents (3)
- Extended UAW Labor Strike (high, 2022) — Over 1,000 workers at plants in Wisconsin and Iowa engaged in a massive strike lasting nine months over disputes regarding wages and health benefits. The company was criticized for its handling of worker negotiations during a period of record profits.
- Truck Cartel Price Fixing (high, 2016) — The European Commission fined CNH Industrial's IVECO brand for its involvement in a 14-year-long price-fixing cartel with other truck manufacturers. The participants coordinated truck pricing and passing on the costs of emission technologies.
- Emission Compliance Investigation (medium, 2020) — Authorities in Germany and Italy investigated CNH Industrial offices regarding allegations that certain diesel engines used in Fiat and Iveco vehicles bypassed emission regulations. Several models were scrutinized for potential defeat devices.
Documented good deeds
- Methane-Powered Tractor Launch — Developed and commercialized the world's first liquid methane-powered tractor, which can utilize biomethane captured from livestock waste to achieve a negative carbon footprint.
Ethical alternatives
- AGCO Corporation — Lower frequency of long-term labor disputes and strong investments in vertical farming precision.