The World's most Unethical Corporations (According to Ethical Consumer)

in #politics5 years ago (edited)

View this post on Hive: The World's most Unethical Corporations (According to Ethical Consumer)


I've moved to Hive, along with most other people, following Justin Sun's takeover of Steem in the Spring of 2020. I believe hive is a lot more decentralised than Steem!

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This is a subject I am interested in. Back in the early days of Steemit I wrote this article about unethical food companies you might find interesting.

https://steemit.com/food/@getonthetrain/top-6-most-evil-food-corporations

Wow - 3 yrs ago! Must have been one of the first things written on steem!

I recognise all six. Partly thanks to a great doc called Food Inc.

I was surprised Monsanto wasn't on this list TBH - I might have to go double check.

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I will look out for your next article, but I am intrigued how scores are calculated when a category is not applicable to a company and how the bias is adjusted.
No mention of Monsanto here?

I wasn't looking out for Monstanto TBH, you do have a point, and I guess that's a limitation of their method - the more diverse a company the more likely they are to tick negative boxes. It might just be that the oil companies escape the bottom because they don't have to test petrol on animals for example.

I was gonna think all of that through, but maybe save that for next time... it's a massive issue, and i don't know much about the inner workings of their scoring mechanism TBH yet.

It's a start though.

Lol sorry for jumping the gun! It's a pretty reputable publication so I wasn't questioning the validity just impatient for some nuts and bolts that's all :-)

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That is one murky rabbit hole to fall down. The scandals are all there for the picking.

Some notable recent things come to mind.

The Co-op bank (the ethical bank) nailed for false accounting practices.

Church of England. Major shareholder in...wait for it.
Wonger the payday loan sharks. Who have since gone bankrupt leaving 1,000's of people with mounting debts.

It's a fascinating area to study and the publication sounds interesting.

I used to read the economist but don't anymore. To depressing. 😖

I like investigating the dark side.

On the co-op - they're still angelz compared to the guys on this list!

Economist - they do some great stuff but yup not an easy read!

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I wonder what Nestle did to get 0.5

[The sound of searching something on wiki]

In 2002, Nestlé demanded that the nation of Ethiopia repay US$6 million of debt to the company at a time when Ethiopia was suffering a severe famine.

and there is more

In 2005, after the cocoa industry had not met the Harkin–Engel Protocol deadline for certifying that the worst forms of child labour (according to the International Labour Organization's Convention 182) had been eliminated from cocoa production, the International Labor Rights Fund filed a lawsuit in 2005 under the Alien Tort Claims Act against Nestlé and others on behalf of three Malian children. The suit alleged the children were trafficked to Ivory Coast, forced into slavery, and experienced frequent beatings on a cocoa plantation.

and more

In Canada, the Competition Bureau raided the offices of Nestlé Canada (along with those of Hershey Canada and Mars Canada) in 2007 to investigate the matter of price fixing of chocolates. It is alleged that executives with Nestlé (the maker of KitKat, Coffee Crisp, and Big Turk) colluded with competitors in Canada to inflate prices.

D:

There is way more stuff overe here -> https://en.wikipedia.org/wiki/Nestl%C3%A9

Nestlé
Nestlé S.A. (, formerly ; French: [nɛsle]) is a Swiss multinational food and drink company headquartered in Vevey, Vaud, Switzerland. It is the largest food company in the world, measured by revenues and other metrics, since 2014. It ranked No. 64 on the Fortune Global 500 in 2017 and No.

Big Mc Ethics dump. 🕵️‍♂️ thanks for the semi retirement sleuthing

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Hopefully we can bring some more ethical business styles using steem!
I have added you to the oracle-d pro plan in case you are interested in getting involved with some of the things we do, please log in here: https://login.oracle-d.com/

Well it certainly lends itself to transparency, at least for those transactions done on the chain.

I assume you've heard of these guys btw...

https://moyeecoffee.ie/blogs/moyee/world-s-first-blockchain-coffee-project

I was going to mention them when you were talking about coffee on Sat but cldn't get a word in then forgot!

Thanks for the OD add, will check out later today.

Cheers!

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