More than 90 percent of the world’s 2,000 most influential companies, including Amazon, BMW, Nestle, Rio Tinto, Pfizer, Shein, and Standard Chartered, are failing to meet societal expectations towards human rights, working conditions and corporate ethics, a first-of-its-kind assessment has found.
Despite commanding revenues equal to 45 percent of the global economy, the world’s top companies are missing the opportunity to positively affect the lives of hundreds of millions of people, the nonprofit World Benchmarking Alliance said in a report released on Tuesday.
