Tencent Holdings Ltd. — Ethics Grade D-

Tencent Holdings Ltd. receives an overall ethics grade of D- (24/100) on CancelCo's corporate accountability database. Sector: Social Media. Market cap: Large Cap.

Category scores

• labor: 40
• privacy: 10
• consumer: 30
• environment: 55
• humanRights: 10

Documented incidents (3)

• Surveillance and Censorship (high, 2020) — Research found WeChat monitors the files and images shared by non-China-registered accounts to train its domestic censorship algorithms.
• Monopolistic Practices (medium, 2021) — Fined by Chinese regulators for failing to report past acquisitions and for anti-competitive behavior in the music streaming and gaming markets.
• Illegal Data Collection (medium, 2021) — China's Ministry of Industry and Information Technology cited Tencent for illegally collecting user data and violating privacy settings in its mobile apps.

Documented good deeds

• Carbon Neutral Commitment — Committed to achieving carbon neutrality in its own operations and supply chain by 2030.

Ethical alternatives

• Mastodon gGmbH — Decentralized, open-source social networking with no central surveillance or profit motive.