What is an example of an unethical business?

Examples of unethical business practices like this include credit default swaps, mortgage-backed securities, hedge funds, and special investment vehicles. Typically, the company offering the investment understates the risk, but the risk becomes apparent later when the portfolio or pension plan funds sink.

Why is Coca Cola an unethical business?

Since the 1990s Coca-Cola has been accused of unethical behavior in a number of areas, in- cluding product safety, anti-competitiveness, racial discrimination, channel stuffing, dis- tributor conflicts, intimidation of union workers, pollution, depletion of natural resources, and health concerns.

What are some of the most unethical companies?

The top ten least ethical companies as voted for by Ethical Consumer readers were:

  • NestlĂ©
  • Monsanto.
  • Amazon.
  • Shell.
  • Tesco.
  • Barclays.
  • Exxon.
  • Wal Mart.

How is Starbucks ethical?

C.A.F.E. Practices was one of the coffee industry’s first set of ethical sourcing standards developed in partnership with Conservation International in 2004. Since 2015, Starbucks® coffee has been verified as 99% ethically sourced, and we are the largest coffee retailer to achieve this milestone.

Is PepsiCo unethical?

Yet Pepsi also has a history of questionable behavior. The company has lobbied against public health legislation targeting the obesity epidemic. It has also been accused of sourcing palm oil from unethical suppliers and engaging in deceptive marketing, practices the company has since taken steps to remedy.

Why is Amazon unethical?

Amazon is an arch tax avoider and is the subject of a global boycott call by Ethical Consumer. The world’s biggest online retailer is generating huge revenues in the UK but paying very little corporation tax. It does this by funnelling money through its holding company in the notorious tax haven of Luxembourg.

Why is Nestle unethical?

Nestle aggressively pushed their breastfeeding formula in less economically developed countries (LEDCs), specifically targeting the poor. They made it seem that their infant formula was almost as good as a mother’s milk, which is highly unethical for several reasons.