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Artikel

15 Jan 2014

Autor:
Alex Blackburne, Blue & Green Tomorrow (UK)

Investment analyst downgrades Apple, Amazon and Philip Morris on ethical grounds

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[Business & Human Rights Resource Centre invited the nominated companies to respond. Philip Morris International response provided. Apple & Amazon did not respond.] A leading US investment analyst has downgraded his rating of Apple, Amazon and tobacco firm Philip Morris on moral and ethical grounds. Ronnie Moas of StandPoint Research…said conservative estimates predict 1 billion people will die as a result of tobacco this century. For this reason, the industry needs to be “eliminated”…Moas downgraded Apple because of the mismatch between its massive revenue and the people working in its supply chain being paid $2-3 an hour. He gave similar reasons for his stand against Amazon. At the crux of his argument is a desire to cut down global inequality…

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