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TNCs – Case Studies

TNCs – Case Studies. Royal Dutch Shell in Nigeria Apple and Foxconn Others…. Apple Inc. Multinational Corp. Headquarters in Cupertino, California. Founded by Steve Jobs, Steve Wozniak and Ronald Wayne in 1976. Stats. 2 nd largest IT company by revenue.

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TNCs – Case Studies

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  1. TNCs – Case Studies

  2. Royal Dutch Shell in Nigeria • Apple and Foxconn • Others…

  3. Apple Inc. • Multinational Corp. • Headquarters in Cupertino, California. • Founded by SteveJobs, Steve Wozniakand Ronald Wayne in 1976.

  4. Stats • 2nd largest IT company by revenue. • 3rd largest mobile phone maker. • Fortune magazine named Apple the most admired company in the world in 2008 – 2012. • 2013 Apple surpassed Coca-Cola to become the most valuable brand. • Revenue: 170.910 billion.

  5. Criticisms • Environmental Record • Labour Practices

  6. Environmental Record • Climate Change and clean energy • Greenpeace released a report April 21, 2011 highlighting that data centers used 2% of global electricity. • April 17, 2012 Apple released a statement committing to ending the use of coal and shifting to 100% clean energy. • In 2013 Apple announced it was using 100% renewable energy for data centers, overall 75% renewable.

  7. Labour Practices • 2006 reports of working conditions at factories in China, Foxconn and Inventec, producers of the iPod. • 200,000 workers that lived and worked in the factory. • Workers: 60 hr weeks, $100 per month.

  8. Labour Practices • Apple investigated, instituted yearly audits of workers rights. • A number of suicides occurred at Foxconn, workers were forced to sign ‘no suicide’ pacts. • 2011, child labour practices were also highlighted. • Also – discrimination against women, ethnic minorities, withholding pay, etc.

  9. http://www.huffingtonpost.com/2013/07/29/apple-supplier-accused-of-labor-abuses_n_3669526.html?ncid=txtlnkushpmg00000029http://www.huffingtonpost.com/2013/07/29/apple-supplier-accused-of-labor-abuses_n_3669526.html?ncid=txtlnkushpmg00000029

  10. Tax • Tax avoidance!

  11. Article • http://www.economist.com/node/16231588/print

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