Walgreens Boots Alliance
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OVERALL |
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Owned |
USA |
Rating |
N/A |
Pharmaceutical retail
Walgreens Boots Alliance Inc | USA | website |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Walgreens Boots Alliance Inc | ||||
In 2023, 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 (2023)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2024 rankings the public identified 20 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. 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 198th of 937 companies, and 2nd of 10 Food & Drug Retailers companies.
Source: JUST Capital (2024) |
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)
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)
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)
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)
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)
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)
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) |
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)
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)
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)
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 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)
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) |
Company Details
Type | Public company |
Founded | 2014 |
Subsidiaries | Boots UK Ltd
Pharmaceutical retail Boots Group operates the UK's leading drugstore chain. Part of Walgreens Boots Alliance since 2014. Walgreen Company Pharmaceutical retail - Alliance Boots GmbH Pharmaceutical retail Acquired by Walgreens in 2014. |
Contact Details
Address | Deerfield, Illinois, USA |
Website | www.walgreensbootsalliance.com |