It holds a legal and fiduciary duty to make more money. By every fuck-you-and-me means necessary.
It holds a legal and fiduciary duty to act in the best interests of its shareholders. Tim Cook rather famously told off an Apple shareholder who asked him to commit to pursuing only programs that would be profitable, saying, "When we work on making our devices accessible by the blind, I don't consider the bloody ROI."
That's just one small example by a powerful CEO after a shareholder initiative was shot down 98-2, but most companies spend money on things that reduce profits or are not profitable. Look at the sprawling HQs with fancy buildings that are set up by so many companies when they could have gone with simple brutalist architecture. There are companies that pay well because it promotes long-term stability even at the expense of short-term profits.
I get that these big companies don't deserve blind trust, but understanding what their obligations are is much more helpful than oversimplifications.