Here's a running list of companies boycotting Facebook

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Numerous businesses are pausing their advertising campaigns on Facebook (FB) – and Instagram, which is owned by Facebook – to boycott the company’s policies around what content it moderates and how.

The campaign, called “Stop Hate for Profit,” and organized by the NAACP, Color for Change, the Anti-Defamation League, Sleeping Giants, Free Press, and Common Sense Media, already has some big names involved, including a large swath of the outdoor apparel industry and Yahoo Finance’s parent company Verizon (VZ).

“From the monetization of hate speech to discrimination in their algorithms to the proliferation of voter suppression to the silencing of Black voices, Facebook has refused to take responsibility for hate, bias, and discrimination growing on their platforms,” writes the Color for Change website.

WASHINGTON, DC - SEPTEMBER 03: Ben & Jerry's announced a new flavor, Justice Remix'd, at a press conference September 03, 2019 in Washington, DC. Ben & Jerry's launched the new flavor in conjunction with the civil rights organization, Advancement Project, to "spotlight structural racism in a broken criminal legal system". (Photo by Win McNamee/Getty Images)
Ben & Jerry's announced a new flavor, Justice Remix'd, at a press conference September 03, 2019 in Washington, DC. (Photo by Win McNamee/Getty Images)

By targeting advertisers, the groups hope to get Facebook to change how it responds to misinformation and threats, something Twitter has done by taking a stronger hand when it comes to misinformation and threats. The most salient example of this was when President Trump in May, when protests against the killing of George Floyd began across the U.S., posted on Twitter and Facebook: “Any difficulty and we will assume control but, when the looting starts, the shooting starts.” Twitter placed a public interest notice on the tweet for breaking its rules on the “glorification of violence.”

In a statement to various media outlets, Facebook has said that it respects brands' decisions and that it "remains focused" on removing hate speech and providing voting information. The company’s COO Sheryl Sandberg also wrote a post on the company’s website announcing commitments to support the Black community, though many of boycotting companies began after the post.

On June 26, Facebook announced a few changes: providing info about voting during the pandemic, additional steps to fight voter suppression, a higher standard for hateful content in ads, and the labeling of newsworthy content in ads that may otherwise violate policies.

Sleeping Giants, one of the organizers, has the full running list here.

Below are some of the biggest companies that are participating in the boycott so far and their statements.

Updated 6/30:

Pfizer

Microsoft

Bloomberg reports Microsoft is pausing ads on Facebook and Facebook-owned Instagram until the end of the year.