Something Rotten in the State of Denmark
Maersk Group is Denmark’s largest company, making up more than 15 percent of the country’s GDP. The shipping firm employs more than 121,000 people worldwide, operates in 130 countries, generated $59 billion in revenue last year, maintains a fleet of 600, and announced at the end of 2013 that its full-year net profits would be $3.5 billion, up from the previous forecast of $3.3 billion. Maersk has also proudly declared itself a good corporate citizen, stressing a theme of “constant care” with a dedication “to promot[ing] the health and safety of our employees and others in the industry and in the world around us.” The company is a member of the United Nations Global Compact, which encourages companies to embrace a set of core values in the areas of human rights, labor standards, and the environment. Indeed, in many ways Maersk prides itself as the face of Denmark’s modern economy: diversified, humane, and enlightened.
Why then is the company, through its U.S. subsidiaries, aggressively fighting common-sense reforms that would help deliver desperately needed food assistance to millions of hungry people everywhere from Syria to South Sudan?
Read more here.
This article was originally published in Foreign Policy.
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