BGC Partners.
BGCA.US | Security and commodity contracts brokerage
BGC Partners is a global brokerage and financial technology firm. It primarily operates in the financial services industry, providing a range of services including brokerage, financial technology, and market data. The company facilitates trading and provides market information to financial instituti...Show More
Better Health for All
0
BGC Partners is a financial services firm, and its core business does not directly involve health-related products or services. Consequently, most KPIs related to health impact, safety, accessibility, innovation, and data responsibility are not applicable. However, the company has demonstrated significant contributions during public health emergencies classified as disasters. For instance, it provided $1,000 prepaid debit cards to 10,000 families affected by Hurricane Sandy
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, $5 million in prepaid cards to 5,000 families following Hurricane Harvey
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, and $4 million in prepaid cards to thousands after Hurricanes Irma and Maria
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. KPIs for vulnerable reach and health equity programs were omitted as the evidence provided related to general disaster relief and diversity in finance, not specific health access or health disparity initiatives.
Fair Money & Economic Opportunity
0
BGC Partners operates as a global brokerage and financial technology firm, primarily serving financial institutions, corporations, and other market participants. The company's core business involves brokerage services, financial technology, and market data, generating revenue from commissions and licensing fees. There is no evidence that the company offers lending or deposit services, consumer credit products, or other direct financial services to individual consumers or underserved populations. Therefore, all KPIs related to consumer-facing financial products, fair lending, financial inclusion, and wealth-building outcomes for individuals are not applicable. A regulatory infringement notice was issued to a subsidiary for non-compliance with market integrity rules, resulting in a $110,250 penalty, but this was not related to fair lending or consumer financial practices.
1
Fair Pay & Worker Respect
20
The company's voluntary employee turnover rate was 10% in 2022, a decrease from 15% in 2021.
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Employee reviews indicate mixed opinions, with some praising benefits like health insurance, while others criticize a perceived lack of raises, inadequate compensation, and the need for employees to pay for their own benefits.
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Reviews also suggest a lack of a "sense of belonging" and "trust in colleagues," with a general feeling of unhappiness.
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Management is frequently criticized for being poor, micromanaging, and not valuing employees.
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Fair Trade & Ethical Sourcing
0
No evidence available to assess BGC Partners on Fair Trade & Ethical Sourcing.
Honest & Fair Business
-40
In a past regulatory action, the SEC found BGC made false and misleading disclosures concerning its calculation of a non-GAAP financial measure from the first quarter of 2015 through the first quarter of 2016.
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This led to a $1.4 million penalty and a cease and desist order.
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The company maintains a comprehensive code of ethics that covers bribery and corruption, with annual global training and certifications.
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It also has a commitment to anti-money laundering, anti-bribery, and anti-corruption policies and training, stating it will not engage in business relationships connected to bribery or corruption.
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Furthermore, a robust whistleblower policy is in place, offering a 24/7 hotline and confidential reporting channels, with an emphasis on protection against retaliation.
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However, there is no evidence provided regarding independent investigation processes for whistleblower reports.
Kind to Animals
0
No information relevant to the 'Kind to Animals' ethical value was found in the provided articles for BGCA.US.
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All articles explicitly state that there is no data or information pertaining to cruelty-free certifications, animal testing, humane operations, wildlife conservation, ethical input substitution, supplier audits, cage-free sourcing, animal agriculture ethics, or engagement in animal welfare policy or R&D collaboration.
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No War, No Weapons
0
The provided articles do not contain any specific, quantitative data points relevant to the 'No War, No Weapons' ethical value for BGCA.US. The articles primarily discuss environmental initiatives
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, general ESG commitments
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, or the release of a sustainability report
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without detailing any metrics related to arms contracts, dual-use technology, sales to sanctioned regimes, peacebuilding investments, or any other specified KPIs.
Planet-Friendly Business
0
BGCA.US reported that 70% of its office buildings are certified as green buildings, including LEED, BREEAM, and WELL certifications.
1
Respect for Cultures & Communities
0
No specific, quantitative evidence was found in the provided articles for BGCA.US (BGC Partners) that directly addresses the KPIs related to Respect for Cultures & Communities. Articles referring to 'Boys and Girls Clubs of Canada' or 'BGC Canada' were deemed irrelevant as they pertain to a different entity than BGCA.US (BGC Partners). While one article mentions general charitable giving, it does not provide the specific percentages of revenue reinvested in local communities or donated to cultural heritage organizations, nor does it detail formal partnerships with indigenous groups or cultural impact assessments, as required by the rubric's KPIs.
Safe & Smart Tech
0
The company states compliance with the California Consumer Privacy Act (CCPA), California Privacy Rights Act (CPRA), Virginia Consumer Data Protection Act, California's 'Shine the Light' law, and the EU General Data Protection Regulation (GDPR).
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It provides data subjects with rights to access, correct, amend, and request deletion of personal information.
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EU residents can update, modify, delete, obtain a copy, restrict, or stop the use of their personal information, and California residents have rights under the 'Shine the Light' law.
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Users also have the option to unsubscribe from emails.
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The company conducts periodic internal and external vulnerability audits and assessments, including penetration testing.
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It also provides periodic cybersecurity training to employees
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and has a cybersecurity team led by a CISO.
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No data breaches are documented in the provided articles.
Zero Waste & Sustainable Products
0
No specific quantitative data is available across the provided articles to assess BGCA.US against the 'Zero Waste & Sustainable Products' ethical value.
1
The articles explicitly state a lack of metrics for waste diversion, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education.
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