Luis Di Como, Unilever’s executive vice president for Global Media, said the company was encouraged by the technology platforms’ commitments to create “healthier environments” in “accordance with the principles of the Global Alliance for Responsible Media (GARM)” .
The World Federation of Advertisers (WFA) has launched GARM as a forum for working with platforms to tackle hate speech and misinformation. The WFA recently struck a deal through GARM that will allow the platforms to adopt common definitions and reporting standards on harmful content such as hate speech.
In response to Unilever’s announcement, Facebook said, “We look forward to our continued collaboration in 2021 and remain committed to our work with the Global Alliance for Responsible Media to combat harmful content online.”
The company’s stance against Facebook and Twitter knocked out shares in both companies. According to estimates from ad intelligence firm Pathmatics, Unilever was the 30th most paid on Facebook ads in 2019, depositing more than $ 42 million into the platform.