And what do these giant multinational companies have in common? /s
The issue is there is no unified multinational push to regulate these multinational giants.
You can't have local solutions to global problems, and these companies are as global as they get, constantly chasing the places with the lowest taxes, lowest wages, least amount of regulations, most corruption, and easiest to bribe officials for access to exploiting local resources, etc. while making record profits quarter after quarter at the expense of the environment and people in less afluent places.
We need global regulations for them. But that will never happen because China, the US and EU won't touch their giants as long as they're not doing anything illegal back home.