LM Ericsson — Ethics Grade F

LM Ericsson receives an overall ethics grade of F (18/100) on CancelCo's corporate accountability database. Sector: Telecommunications. Market cap: Large Cap.

Category scores

• labor: 50
• privacy: 30
• consumer: 40
• environment: 45
• humanRights: 20

Documented incidents (3)

• Iraq Corruption and ISIS Allegations (high, 2022) — Internal reports suggested Ericsson employees may have paid bribes to ISIS to use transport routes in Iraq. The company failed to fully disclose this information to the DOJ during a separate corruption probe.
• Global Bribery Campaign (high, 2019) — Ericsson admitted to a years-long campaign of corruption in Djibouti, China, Vietnam, Indonesia, and Kuwait. The company used slush funds and fake consultants to win contracts.
• Monitoring Software in Iran (medium, 2011) — Allegations surfaced that Ericsson's equipment was used by the Iranian government to track and monitor political dissidents during protests.

Documented good deeds

• Giga Program Partnership — Partnered with UNICEF to map school connectivity in 35 countries to help bridge the digital divide.

Ethical alternatives

• Nokia Corporation — Significantly more robust compliance frameworks and fewer recent corruption scandals.