All of the companies no longer advertising on Facebook due to the platform's lack of hate speech moderation

Bethany Biron/Business Insider

The North Face announced its decision on Friday.

The clothing company said it would also stop advertising on Instagram, which Facebook owns.

"We know that for too long harmful, racist rhetoric and misinformation has made the world unequal and unsafe, and we stand with the NAACP and the other organizations who are working to #StopHateforProfit," Steve Lesnard, The North Face's global VP of marketing, said in a statement.

Original author: Julia Naftulin

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