Thales Group — Ethics Grade C-
Thales Group receives an overall ethics grade of C- (45/100) on CancelCo's corporate accountability database. Sector: Defense & Aerospace. Market cap: Large Cap.
Category scores
- labor: 55
- privacy: 40
- consumer: 50
- environment: 60
- humanRights: 30
Documented incidents (3)
- Submarine Sale Case (high, 2022) — French prosecutors charged Thales in connection with alleged kickbacks and bribery surrounding the multi-billion dollar sale of submarines to Malaysia.
- Zuma Arms Deal Scandal (high, 2021) — Thales faced corruption charges in South Africa alongside former president Jacob Zuma related to a 1990s arms procurement deal.
- Metro Construction Cartel (medium, 2019) — Fined for participating in a cartel that rigged bids for maintenance and construction of urban train systems in Brazil.
Documented good deeds
- Satellite Ocean Tracking — Developed high-precision satellite technology for monitoring sea level rise and climate change impacts.
Ethical alternatives
- Garmin Ltd. — Strong consumer focus with significantly fewer corruption allegations in its aerospace divisions.