Amazon.com Inc. is a Humankind 100 company whose ranking is based on its Humankind Value, a proprietary metric that provides an estimate of the overall dollar amount a company creates for investors, consumers, employees, and society at large.
Amazon.com, Inc. is known as an online marketplace for just about anything. It is a platform for sellers and is itself a producer in many areas. It provides internet search and entertainment with its Alexa devices, Fire TV, tablets, and streaming services. It has a network of delivery trucks and distribution centers. And it provides web services that include cloud computing and data protection. As the owner of the grocery chain Whole Foods, it is also a big supplier of food and personal care products.
(All values are in US Dollars, where M=Million, B=Billion, T=Trillion.)
Many essential goods such as food, water, and cleaning products are purchased in markets. Large consumer-facing companies that offer a variety of products while eschewing revenue from tobacco can be responsible for a net-positive impact. Amazon.com, Inc. generates positive Humankind Value on balance, with much of its positive value coming from Economic Value ($57.1 B) and Crop Production ($12.4 B). It adds economic value by offering to consumers goods and services that they value, paying employees for their labor in producing these goods and services, and providing value for shareholders. Positive value from Crop Production includes the impact of an estimated 257,607.4 equivalent years of life not lost to death or reduction in quality of life. However, there is room for improvement with respect to Calorie Conversion (-$8.6 B) and Data Harvesting (-$4.5 B). Economic Value and Data Harvesting are attached to this company as a result of its direct business activities. Crop Production and Calorie Conversion are largely consequences of the actions of supply chain partners.