One of the world's largest manufacturers of generic and private-label OTC (over-the-counter) pharmaceuticals and supplements. When Perrigo bought Elan Corporation in 2013, it moved its headquarters to Ireland to reduce its corporate tax rate.
|Perrigo Company plc||IRL||website|
|Perrigo Company plc|
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 in the Bottom 10% of 951 companies, and 41st of 41 Pharmaceuticals & Biotech companies.
Source: JUST Capital (2023)
This company received an S&P Global ESG Score of 28/100 in the Pharmaceuticals category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 18 Nov 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)
In 2015 Perrigo agreed to set up a US$2.8 million settlement fund following a class action lawsuit. Plaintiffs alleged that this company's products containing glucosamine and/or chondroitin were represented as formulated to help "rebuild cartilage," "lubricate joints," and "improve joint comfort" when they do not provide these benefits.
Source: Top Class Actions (2015)
In 2022 the median pay for a worker at this company was US$78,682. The CEO was paid 163 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)
This company has Corporate Responsibility claims on its website in the areas of environmental stewardship, worker safety, packaging and community partnerships.
Source: company website (2014)
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)
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 C.
Source: CDP (2022)
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 (2018)
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)
|Revenue||5 billion USD (2020)|
|Subsidiaries||Omega Pharma NV
- Aurora Pharmaceuticals Pty Ltd
Orion Laboratories Pty Ltd
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