global firms

Nine of 10 top global firms violate human rights

More than 90% of the world's 2,000 most influential firms, including Amazon, BMW, Nestle, Rio Tinto, Pfizer, Shein, and Standard Chartered, are failing to fulfil society standards for human rights, working conditions and corporate ethics, according to a first-of-its-kind study. Despite accounting for 45 per cent of global income, the world's top firms still need to take advantage of the opportunity to improve the lives of hundreds of millions of people, according to research released on Tuesday by the nonprofit World Benchmarking Alliance.