Amazon

Company Score

-1.94
Industry Retailing
Country United States
Year Added 2018
Impact Ratings 2251
Impact Notes 25
SDG Covered 9 out of 17

Amazon.com is an American multinational technology company headquartered in USA. Amazon is the world's largest online marketplace, AI assistant provider, and cloud computing platform. It distributes downloads and streaming of video, music, and audiobooks. Amazon Publishing is its publishing arm, it also has a film and television studio, Amazon Studios, and a cloud computing subsidiary, Amazon Web Services. It produces consumer electronics including Kindle e-readers, Fire tablets, Fire TV, and Echo devices. Amazon acquisitions include Ring, Twitch, Whole Foods Market, and IMDb. Amazon employs 750,000 people worldwide.

Read about Amazon and its impact below.

Impact notes

Decent work and Economic Growth

Amazon fined USD61.7Mn for withholding tips from Amazon Flex drivers for over two years

Profile Maïlys C
Icon time Thu Apr 8th, 2021 at 2:25pm

Decent working conditions encompass several topics such as balanced working hours, physical and mental conditions, and fair wages1. The gig economy is defined as a labor marketplace where temporary, flexible jobs are predominant2. Between 25% and 30% of workers participate in the gig economy, and 10% of workers rely on it as a primary income source in the US3. Despite some benefits, the gig economy is jeopardizing worker's labor conditions as it has increased competition between workers, unbalanced their lives, and created great job insecurity and precariousness due to the lack of access to unemployment insurance2.

Peace, Justice and Strong Institutions

In 2020, Amazon avoided $2.3 bn in taxes equal to the 0.057% of the total tax revenue in the U.S.

Profile Novice
Icon time Fri Mar 26th, 2021 at 5:21pm

"Tax evasion is an illegal activity in which a person or entity deliberately avoids paying a true tax liability1." According to The State of Tax Justice 2020 report, $427 bn lost globally each year to tax havens ( A tax haven is a country or place with very low "effective" rates of taxation for foreign investors7)2. Out of the total, 57.4% ($245 billion) is directly lost owing to corporate tax abuse by multinational corporations and 42.6% ($182 billion) owing to private tax evasion2.

Climate Action

Amazon’s total GHG emissions for 2019 would require 27 Mn hectares of forest to be compensated

Profile Sandhyani.Borah
Icon time Wed Jan 20th, 2021 at 2:53pm

Every year global GHG emissions are about 50 Bn tonnes of CO2e1. In 2019, anthropogenic activities caused an estimated 39 Bn tonnes of CO2 emissions3, of which consumer goods account for about 5 Bn tonnes CO2e4;p3. GHGs trap heat and increase the temperature of the earth, thereby resulting in disastrous climate change. Rising temperatures can lead to habitat destruction, increased sea levels, and floods, affecting millions of people worldwide2.

Reduced Inequalities

Amazon hires diverse employees from varied backgrounds to promote inclusive work environment

Profile Pooja.Katariya1
Icon time Wed Dec 9th, 2020 at 6:14pm

Diversity and inclusion is key in the workplace. Unfortunately, among the Fortune 500 companies, black or African American represented only 1% of the total CEO positions in 20191. In the US, the average rate of unemployment in 2018 was 3.2%, compared to 6.5% for black or African Americans1. More specifically, in the e-commerce sector, women make up only 13% of the CEO roles in the top 100 companies8.

Climate Action

Amazon increased its 2019 air freight flights by 38% in 2020, ignoring its CO2 reduction promises

Profile lennachaim
Icon time Thu Oct 22nd, 2020 at 2:51pm

The global aviation industry is responsible for 2% of all human CO2 emissions, the equivalent of 915 million tonnes of gas in 20191, and is growing to represent 22% of the emissions in 20502. The coronavirus pandemic significantly lowered the aviation industry's revenue and set a new opportunity to reevaluate its efforts to address the climate emergency when it comes to CO2 emissions3