Walgreens

Walgreens

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Whoa! How did you get here? This company profile is not meant to be publicly available. Research on this company is incomplete, and the overall rating has been disabled, but while you are here feel free to have a look at the info we do have.

OVERALL
Owned	USA
Rating	N/A

Pharmaceutical retail

> About the Ratings

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Walgreen Company

B- in toxic chemical ranking

In 2021 the Mind the Store campaign ranked 50 of the largest retailers in North America on their efforts to eliminate toxic chemicals from consumer products. This company received a grade of B-.
Source: Mind the Store (2021)

100% on Corporate Equality Index

This company is listed as having best practice on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
Source: Human Rights Campaign (2021)

Animal Testing

This company appears on PETA's (People for the Ethical Treatment of Animals, USA) 'Companies That Do Test On Animals' list, signifying that they manufacture products that are tested on animals at some stage of development.
Source: PETA (2022)

D- grade for plastic pollution

As You Sow's 2021 Corporate Plastic Pollution Scorecard ranks companies on plastic packaging pollution. The study measures the progress of 50 large companies in the beverage, quick-service restaurant, consumer packaged goods, and retail sectors on six core pillars where swift action is needed to reduce plastic pollution: 1) Packaging Design, 2) Reusable Packaging, 3) Recycled Content, 4) Public Data Transparency, 5) Support for Recycling, and 6) Producer Responsibility. This company received a grade of D-
Source: As You Sow (2021)

$83m opioid settlement

In 2023 Walgreens reached a US$83 million settlement agreement with the State of West Virginia, resolving claims related to the sale of prescription opioids at its pharmacies in the state.
Source: Top Class Actions (2023)

Chocolate scorecard

Be Slavery Free's 2023 Chocolate Scorecard rates all the major chocolate companies on their labour and environmental policies and practices. Companies were asked questions in six areas: traceability and transparency; living income; child labor; deforestation and climate; agroforestry; and agrichemical management. This retailer received a red rating: "No significant initiatives".
Source: Be Slavery Free (2023)

Nanoparticles in baby formula

Independent testing commissioned by Friends of the Earth in 2015 found potentially harmful nanoparticles in popular baby formulas sold throughout the USA, including products by this company. A growing body of scientific research demonstrates that nanoparticles pose threats to human health, raising concerns about their use in food and many other consumer products.
Source: FOE (2015)

Sustainability Consortium member

This company is a member of The Sustainability Consortium, an organization of diverse global participants that work collaboratively to build a scientific foundation that drives innovation to improve consumer product sustainability. They develop transparent methodologies, tools, and strategies to drive a new generation of products and supply networks that address environmental, social, and economic imperatives.
Source: Sustainability Consortium (2019)

How2Recycle member

This company is a member of How2Recycle. The How2Recycle Label is a voluntary, standardized labeling system that clearly communicates recycling instructions to the public. It involves a coalition of forward thinking brands who want their packaging to be recycled and are empowering consumers through smart packaging labels. Companies must be a member of the program to use the How2Recycle Label.
Source: How2Recycle (2023)

Modern Slavery statement

California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Source: company website (2016)

Walgreens Boots Alliance Inc

CDP Climate Change Score of B

In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of B.
Source: CDP (2022)

61.8/125 at JUST Capital

JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2023 rankings JUST Capital asked a representative sample of 3,002 Americans to compare 20 different business Issues on a head-to-head basis, producing a reliable hierarchy of Issues ranked in order of priority. Issues are organised under the headings Workers, Customers, Communities, the Environment, or Shareholders & Governance. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 143rd of 951 companies, and 2nd of 10 Food & Drug Retailers companies.
Source: JUST Capital (2023)

10% in Forest 500 Rankings

Forest 500 identifies the 350 companies and 150 financial institutions with the greatest exposure to tropical deforestation risk, and annually assesses them on the strength and implementation of their deforestation and human rights commitments. This company received a score of 10%.
Source: Forest 500 (2022)

$269m fraud settlement

In January 2019 this company agreed to pay the United States and state governments a total of US$269.2 million to resolve allegations that it improperly billed Medicare, Medicaid, and other federal healthcare programs for hundreds of thousands of insulin pens it knowingly dispensed to program beneficiaries who did not need them and that it overbilled Medicaid by failing to disclose to and charge Medicaid the lower drug prices that they offered the public through a discount program.

Source: US Dept of Justice (2019)

Palm oil rating - WAZA

The PalmOil Scan app, produced by the World Association of Zoos and Aquariums (WAZA), rates companies on their commitment to sourcing sustainable palm oil. Companies are scored on their use of certified sustainable palm oil (CSPO), commitment to sourcing CSPO, on-the-ground conservation action, and membership to the RSPO. Companies can earn a rating of Excellent, Good, Poor or No Commitment. This company is rated "Poor" (retrieved 18 Nov 2023).
Source: WAZA (2023)

Fined $50m for paying kickbacks

In January 2017 a penalty of $50 million resolved claims that Walgreens Co, owned by this company, violated the US federal Anti-Kickback Statute and False Claims Act by enrolling hundreds of thousands of beneficiaries of government healthcare programs in its Prescription Savings Club program with discounts and other monetary incentives, in order to induce them to patronize Walgreen pharmacies for all of their prescription drug needs.

Source: US Dept of Justice (2017)

$60m false claims settlement

In January 2019 the New York State Attorney General announced that New York has joined with other states and the federal government to reach an agreement in principle with Walgreen Co, owned by this company, to settle allegations that they violated the False Claims Act by billing Medicaid at rates higher than its usual and customary rates for certain prescription drugs. As a result the company will pay the states and federal government US$60 million, all of which is attributable to the states' Medicaid programs. In 2017 Walgreen Co paid nearly US$10 million to settle another False Claims Act violation case in California.
Source: NY Attorney General (2019)

CEO Pay Ratio of 705:1

In 2022 the median pay for a worker at this company was US$24,530. The CEO was paid 705 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
Source: AFL-CIO (2023)

Excessive CEO pay

As You Sow's 2023 report, 'The 100 Most Overpaid CEOs', reveals the 100 most overpaid CEOs from USA's 500 largest public companies (as determined by the S&P 500 list). This company's CEO, Rosalind G. Brewer came in at number 14 on the list, having been paid US$28,333,498 in 2022. According to the report, "Most CEOs have come to be grossly overpaid, and that overpayment is harmful to the companies, the shareholders, the customers, the other employees, the economy, and society as a whole."
Source: As You Sow (2023)

18.6% in Newsweek Green Ranking 2017

This company received a score of 18.6/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
Source: Newsweek (2017)

Corporate Responsibility claims

This company has Healthy Planet claims on its website which are conserving energy and reducing emissions, reducing waste, and reducing the negative impacts of plastics.
Source: company website (2021)

Global Shea Alliance member

This company is a member of the Global Shea Alliance (GSA), a non-profit industry association with 560 members from 35 countries including women's groups, brands and retailers, suppliers and NGOs. Through public-private partnership, the GSA promotes industry sustainability, quality practices and standards, and demand for shea in food and cosmetics. Nearly 2 billion shea trees grow naturally on parklands in 21 African countries stretching from Senegal to South Sudan, while 16 million women living in rural communities individually collect fresh shea fruits and kernel for processing. The shea industry provides a critical source of jobs and incomes to often poor and underserved communities.
Source: Global Shea Alliance (2021)

Palm oil scorecard - WWF

The WWF Palm Oil Buyers Scorecard 2021 assesses 227 companies on the actions companies have taken to ensure their own palm oil supply chain is sustainable and free of deforestation, natural ecosystem conversion, and human rights abuse. This company is rated 'middle of the pack' with a score of 11.33 out of a possible total of 24.
Source: WWF Palm Oil Buyers Scorecard (2021)

OpenSecrets.org profile

OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
Source: Open Secrets (2020)

54/100 S&P Global ESG Score

This company received an S&P Global ESG Score of 54/100 in the Food & Staples Retailing category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 16 Dec 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2022)

> About the Icons

Type	Wholly-owned subsidiary
Subsidiaries	Alliance Boots GmbH Pharmaceutical retail Acquired by Walgreens in 2014.

Address	Deerfield, Illinois, USA
Website	www.walgreens.com

Walgreen Company

Walgreens Boots Alliance Inc
owns 100% of Walgreen Company

Pharmaceutical retail