Credit: Dash Radosti

Top corporations continue to accrue revenues far in excess of most governments, figures compiled by Global Justice Now show. Comparing 2017 revenues, 69 of the top 100 economic entities are corporations rather than governments. The top 10 corporations – a list which includes Walmart, Toyota and Shell as well as several Chinese corporations – raked in over $3 trillion last year.

When it comes to the top 200 entities, the gap between corporations and governments gets even more pronounced: 157 are corporations. Walmart, Apple and Shell all accrued more wealth than even fairly rich countries like Russia, Belgium, Sweden.

Global Justice Now released the figures in order to put pressure on the British government during UN human rights council negotiations this week to take forward a new binding UN Treaty to force transnational corporations to abide by human rights responsibilities. Campaigners are calling for the treaty to be legally enforceable at a national and global level. Britain, which currently sits on the UN human rights council, has traditionally been hostile to the treaty, […]

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