Nine in 10 top global companies failing to uphold human rights, report says.

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bmw plant

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 (WBA),said in a report released today.

The WBA’s Social Benchmark assessed companies commitment to “act ethically, provide and promote decent work, and respect human rights”.

At least 30 percent of companies scored between 0 and 2 out of a possible 20 points, with a clear mismatch between what companies disclose on decent work and society’s expectation of them, said the WBA, which receives funding from the European Union and the governments of Canada, the Netherlands and Denmark.

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