The ESG Report: Organized Crime and Terror on Facebook, WhatsApp, Instagram and Messenger

The world’s largest social media company does more than just connect people. Their family of platforms - Facebook, Whatsapp, Instagram - are also ground zero for organized crime syndicates to market their illegal goods, and move money, using the same ease of connectivity enjoyed by ordinary users. Designated terrorist groups have weaponized Facebook platforms to broadcast propaganda, recruit new members, and fundraise.

Facebook has failed to implement internal controls to restrict and respond to organized crime activity and terror content across its family of platforms. This approach is unsustainable and could lead to future liabilities as well as a reduction in future earnings.

In this report, we highlight why investing in Facebook is a bad idea. We cover their shortsighted management strategy, their unique exposure, how stakeholders have been misled and why their firm is increasingly risky.

After reading this report, you’ll want to divest from Facebook

Authors:
Gretchen Peters
Kathleen Miles