A long list of companies have pulled advertising from Facebook Inc (FB.O) in support of a campaign that called out the social media giant for not doing enough to stop hate speech on its platforms.
FILE PHOTO: A 3D-printed Facebook logo is seen placed on a keyboard in this illustration taken March 25, 2020. REUTERS/Dado Ruvic/Illustration/File PhotoThe Stop Hate for Profit campaign was started by several U.S. civil rights groups after the death of African-American George Floyd in police custody triggered widespread protests against racial discrimination in the United States.
Following are some of the companies that have decided to support the campaign:
Starbucks Corp (SBUX.O)
The U.S. coffee chain said it would pause advertising on all social media platforms while it continues discussions internally, with media partners and civil rights organizations. (bit.ly/2CS8lTC)
Unilever Plc (ULVR.L)
The consumer goods company said it will stop advertising on Facebook, Instagram and Twitter in the United States for the rest of the year, citing “divisiveness and hate speech during this polarized election period in the U.S.”
Adidas AG (ADSGn.DE)
The German sportswear giant said it and subsidiary Reebok will pause advertising on Facebook and Instagram globally throughout July.
Walt Disney Co (DIS.N)
The media company will slash its advertising spending on Facebook, the Wall Street Journal reported, adding that the time frame for the pullback was not clear as some brands paused their ad spending for longer stretches.
Coca-Cola Co (KO.N)
The beverage maker will pause paid advertising on all social media platforms globally for at least 30 days, Chief Executive Officer James Quincey said in a statement. (bit.ly/2NFvDOA)
Merck & Co (MRK.N)
The drugmaker said it was stopping ads on Facebook and Instagram and was monitoring the actions Facebook takes.
Target Corp (TGT.N)
The retailer said it was pausing all ads on Facebook and Instagram throughout July and was re-evaluating its plans for the rest of the year.
Ford Motor Co (F.N)
The No. 2 U.S. automaker said it would pause advertising on all social media platforms in the United States for 30 days, adding that it would evaluate such spending in other regions as well.
HP Inc (HPQ.N)
The computer maker said it was stopping U.S. advertising on Facebook until the platform puts more robust safeguards in place against objectionable content. It added that it was reviewing its social media strategy across all markets and platforms.
Lululemon Athletica Inc (LULU.O)
The yogawear maker said it would pause paid advertising on Facebook and Instagram. (bit.ly/2Vre3lC)
Levi Strauss & Co (LEVI.N)
The denim maker said it and subsidiary Dockers would pause all ads on Facebook and Instagram, calling on the social media company to take actions to stop misinformation and hate speech. (bit.ly/2VsQZ6g)
Beiersdorf AG (BEIG.DE)
The Nivea cream maker said it was pausing ads for all its brands on Facebook and Instagram throughout July.
Chipotle Mexican Grill Inc (CMG.N)
Chipotle said it was temporarily pausing paid advertising on Facebook and Instagram starting July 1.
Diageo Plc (DGE.L)
The world's largest spirits maker will pause all paid advertising globally on major social media platforms from July 1. (bit.ly/2AcpOFd)
Clorox Co (CLX.N)
The bleach maker said it will stop advertising spending with Facebook through December.
Verizon Communications Inc (VZ.N)
he telecom operator said it was pausing advertising until Facebook creates “an acceptable solution that makes us comfortable”.
The North Face (VFC.N)
The outdoor brand, a unit of VF Corp (VFC.N), said it would pull out of all Facebook-owned platforms. (bit.ly/3eyboy4)
Ben & Jerry’s
The ice-cream maker said it would pause all paid advertising on Facebook and Instagram in the United States as of July 1. (benjerrys.co/3ds0IzF)
The film distributor and studio became the first Hollywood company to join the movement. The company said in a tweet it would stop advertising on Facebook and Instagram, starting immediately, through at least the end of July. (bit.ly/2NrJg44)
The outdoor apparel brand said it would pull all ads on Facebook and Instagram through at least the end of July. (bit.ly/2ND3VCl)