Porsche SE — Ethics Grade C-

Porsche SE receives an overall ethics grade of C- (42/100) on CancelCo's corporate accountability database. Sector: Automotive. Market cap: Large Cap.

Category scores

• labor: 55
• privacy: 75
• consumer: 40
• environment: 35
• humanRights: 60

Documented incidents (3)

• Emissions Cheating Scandal (high, 2015) — As the controlling shareholder of VW, Porsche was deeply embroiled in the 'Dieselgate' scandal where defeat devices were used to bypass emissions tests. It faced significant legal challenges from investors claiming late disclosure of the risks.
• VW Takeover Manipulation (medium, 2012) — German prosecutors investigated former executives for market manipulation during the failed attempt to take over Volkswagen. The incident caused massive volatility and losses for unprotected short sellers.
• Italy Tax Evasion Probe (medium, 2014) — Italian authorities targeted Porsche in a wider crackdown on luxury car tax evasion schemes involving shell companies in tax-haven countries to avoid VAT.

Documented good deeds

• Direct Air Capture Investment — Investing in synthetic e-fuel production in Chile to help decarbonize the existing fleet of internal combustion engine vehicles.

Ethical alternatives

• Mercedes-Benz Group — More aggressive electrification roadmap and improved circular economy initiatives for battery recycling.