Exposing corporate wrongdoing
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Coca-Cola is a beverage company founded in 1892 that is best known for carbonated soft drinks. The original Coca-Cola drink contained trace quantities of cocaine. Today the company's products are far more controversial because many contain large quantities of sugar like Coke which has 10.6 grams per 100 ml, which has been directly linked to weight gain. The company is also notorious for marketing these drinks to children and paying scientists to promote the idea that lack of exercise is the cause of obesity rather than sugar. Coca-Cola was ranked the world’s No 1 plastic polluter after its beverage bottles were the most frequently found discarded on beaches, rivers, parks and other litter sites in over 50 countries. Coca-Cola has been accused of over-extraction of groundwater in India and Mexico and of abusing workers's rights in Colombia, Guatemala, Russia and Turkey.
Denka is a chemical company headquartered in Tokyo, Japan. Founded in 1912 in Hokkaido, it is the world’s largest manufacturer of neoprene, which is used to make a variety of products such as adhesives, beer cozys, gaskets hoses and wetsuits. It also makes cement and plastics like styrene. The company’s most controversial asset is a neoprene factory named the Pontchartrain Works facility, built by Dupont in 1968 in the town of Reserve, Louisiana. The 2018 U.S. National Air Toxics Assessment found that cancer risks in St. John the Baptist parish were as high as 1,505-in-1 million, 50 times higher than the U.S. national average. In a one mile radius around the plant, the population is 94 percent Black. The company was forced to withdraw claims that U.S. government risk levels for chloroprene were 156 times too high after a peer-review of company research showed major flaws. Later it emerged that Dupont sold the plant in order after learning that the government was likely to impose strict controls on the plant.
Deutsche Bank was founded in 1870. It has paid out $7.2 billion in fines for its role in the U.S. subprime mortgage crisis and $2.5 billion in fines for its role in the global interest rate fixing scandal. It has also paid out $125 million to the U.S. to drop investigations into bribes paid out to officials in China, Italy, Russia, Saudi Arabia and the United Arab Emirates, as well as manipulating prices of precious metals. The Banking on Climate Chaos report estimates that Deutsche Bank provided over $74 billion in fossil fuel loans between 2016 and 2021 for projects such as Energy Transfer Partners’ Dakota Access Pipeline and Exxon’s ultra-deepwater drilling project off the coast of Guyana.