Wealth & power of companies at heart of global issues incl. inequality & climate change, says NGO

Author: Ben Chapman, Independent (UK), Published on: 18 October 2018

"Majority of the world's richest entities are corporations, not governments, figures show", 17 Oct 2018

More than two-thirds of the richest 100 entities on the planet are corporations, not governments, new research has found.

The World’s largest company by revenue, US retail behemoth Walmart, generated sales of more than half a trillion last year...

Corporations account for 157 of the 200 largest entities on the planet, according to a list compiled by Global Justice Now...

It comes as UN officials meeting in Geneva this week debate a binding treaty seeking to hold transnational corporations to account for human rights abuses around the world...

Nick Dearden, director of Global Justice Now, said the vast wealth and power of corporations is at the heart of global problems including inequality and climate change...

[Also refers to Shell]

Read the full post here

Related companies: Shell Walmart