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Facebook

Company Score

-0.73
Industry Software & Services
Country United States
Year Added 2018
Impact Ratings 900
Impact Notes 16
SDG Covered 7 out of 17

Facebook, Inc. is a worldwide social networking company. It engages in the development of social media applications for people to connect through mobile devices, personal computers, and other surfaces. Enabling users to share opinions, ideas, photos, videos, and other activities online. Products include Facebook, Instagram, Messenger and WhatsApp and it was founded by Mark Elliot Zuckerberg. Facebook is the third most valuable brand in the world and it employs over 33,000 people.

Read about Facebook and its impact below.

Impact notes

Peace, Justice and Strong Institutions

Facebook fined for $5 billion by FTC over privacy violations in 2019

Profile Sunny Dutt Sharma
Icon time Thu Sep 3rd, 2020 at 1:56pm

The US Federal Trade Commission (FTC) in February 2020 released a report stating the data security and privacy enforcement actions taken during the year 2019. The FTC implemented enforcement actions against a variety of privacy issues in a wide range of industries. These issues included over 130 spyware and spam cases and 80 privacy lawsuits7;p2.   

Facebook is an American social media company1with a customer base of over 2.45 billion in 20192. During the same year, Facebook’s total revenue was $70.697 billion, compared to $55.8 billion in 20183.

Peace, Justice and Strong Institutions

Facebook probes multiple dummy accounts issue in the Philippines

Profile johncarlomotas
Icon time Wed Jul 29th, 2020 at 8:47am

Filipino Facebook users across the country reported the existence of new multiple dummy accounts under their names. Users who encountered this issue are journalists and students of the country's national state university who became vocal on social media about their disapproval of the newly proposed anti-terrorism bill3. It is said to have started with student activists who were arrested because of their peaceful protest held inside their university2, and then sooner, even non-activist students found themselves having multiple accounts2

Good Health and Well-being

Tech giant Facebook's content moderation practices fail to protect employees

Profile rabbitt
Icon time Wed Jul 15th, 2020 at 2:06pm

Tech giants are struggling to filter traumatic content on their platforms safely. When content filter machine learning algorithms fail, due to content or language constraints, human moderators are responsible for determining if the content meets the threshold for removal.1

Clean Water and Sanitation

Facebook’s water withdrawal increased by 334% since 2015

Profile mq_amit
Icon time Fri Jun 26th, 2020 at 8:33am

Water availability is one of the most important concerns for climate change in the present world. As per the report of World Water Development, the usage of water around the world is growing by 1% each year 1. The water usage in the U.S. data center is quite high as nearly 626 billion liters of water are used in a single year 2.

Clean Water and Sanitation

Facebook developed SPLC which helped the company to save 4 billion gallons of water in 2019

Profile Kishuk.bajaj
Icon time Mon Jun 15th, 2020 at 4:51am

According to a report, globally, 785 million people don’t have access to safe water1. Water scarcity could displace 700 million people by 20302. To generate 1 kWh of energy in the US, around 7.6 liters of water is consumed and then to utilize the same energy data centers use another 1.8 liters of water3.

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