Walgreens Boots Alliance

Deerfield, Illinois
Food and Staples Retailing, Health Care Equipment and Services

Corporate Bias Rating

Expand Summary

Risk Level:

Rating - Danger
High Risk

Summary:

Walgreens is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Walgreens embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise. Note: Walgreens will dispense the abortion drug mifepristone at some of its pharmacies. However, Walgreens has stated that it will not offer the pill in states with anti-abortion laws, despite Democratic pressure to do so.

View Full Corporate Bias Ratings Report
Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

Walgreens has received negative press for firing employees who claimed they were wrongly terminated. In each of these cases, the company has not lost a wrongful termination lawsuit. In one prominent example, a pharmacist was fired for stopping an armed robbery using his legally concealed firearm (1). The company received a score of 100 on the 2025 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. The company recruits employees based on sexual identity issues. The company discriminates against vendors that do not promote divisive sex and gender policies, indicating it prioritizes sexual issues over merit (2)(3). Walgreens will dispense the abortion drug mifepristone at some of its pharmacies (4)(5). The company has stated that it will not sell abortion drugs in states that have instituted laws against them, despite significant pressure from Democratic politicians and activists to do so (6). The company’s stock dropped 3.75% after releasing a progressive Christmas advertisement “featuring actor Adjoa Andoh as Mrs. Claus and a scene referencing gender-inclusive pronouns, where Mrs. Claus uses they/them pronouns when referring to one gift recipient” (7)(8). Walgreens promotes divisive sex and gender policies. Its Supplier Code of Conduct requires international vendors to include sexual orientation in their nondiscrimination policy (9).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

Walgreens’ HRC 2025 CEI rating indicates the company will not donate to non-religious charities unless they embrace controversial sexual identity policies (1)(2). However, the company does not discriminate against charitable organizations based on views or beliefs. The company’s charitable giving focus areas include health and wellbeing, cancer programs, and supporting young people (3)(4).

Criteria

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level
Rationale

Walgreens’ HRC 2025 CEI rating indicates the company forces employees to attend multiple, controversial trainings on gender identity, sexual orientation, transgender issues, and divisive racial ideology. The company provides gender transition guidelines for its employees and a specific benefits guide with a comprehensive explanation of transgender services funded by the company (1)(2). The company appears to prioritize diversity over merit in its supply chain. From its WBA ESG Impact Report 2024: “Walgreens continued to invest in diverse supplier representation within its supply chain with a total spend of $544 million on diverse Tier 1 and directed Tier 1 suppliers in fiscal 2024” (3). Walgreens appears to prioritize diversity over merit in its business structure through the establishment of gender and racial targets for its leadership composition. The company is seeking for women in leadership “1.5 percentage points over previous year’s baseline” and for “people of color in leadership by 1 percentage point over previous year’s baseline” (4). The company has implemented mandatory unconscious bias training (5). Walgreens is an affirmative action employer: “Both equal employment opportunity and affirmative action objectives will be pursued in all areas of employment including, but not limited to, recruitment, hiring, compensation, benefits, assignments, promotions, training, transfers, and separations” (6). The company does not provide viewpoint protections for its employees (7)(8).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Walgreens’ HRC 2025 CEI rating indicates the company agrees to allow a controversial stakeholder group focused on sexual identity issues to dictate marketing or advertising strategy. By doing so, the company risks dividing employees, alienating customers and harming shareholders (1)(2). The company spoke out to denounce state legislation that prevented transgender public school students from competing in girls’ youth sports or using the women’s restroom in schools (3). Walgreens is committed to net zero emissions by 2040 (4). CEO Tim Wentworth is a member of the Business Roundtable and Former CEO Stefano Pessina signed its 2019 Statement on the Purpose of a Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders (5)(6). Walgreens sells Pride-related merchandise on its online store (7). The company supports ESG within its business practices. From its WBA ESG Impact Report 2024: “All our ESG efforts are embedded in our business strategy, which includes commitments to serve the needs of every community and create greater access to care” (8).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Walgreens provides a benefits package for employees that covers travel/lodging costs for an abortion and transgender medical procedures for covered employees and dependents, including children (1). The company’s HRC 2025 CEI rating indicates the company covers transgender related costs for its employees and their children, including paid short-term leave, puberty blockers, cross-sex hormones, chest surgeries, genital surgeries, medical visits and lab monitoring, travel and lodging. Additionally, the company has pledged philanthropic support of at least one organization or event that promotes sex and gender ideology. By allowing a political stakeholder group to dictate operations, the company increases health care costs and risks dividing employees, alienating customers and harming shareholders (2)(3). The company was a Silver Tier corporate sponsor of the Trevor Project, an organization that advocates for controversial sex and gender ideology, including “gender transition” drugs and surgeries for minors, through legislation, litigation, advertising, and PR campaigns. The organization also hosts online chatrooms that allow adults to communicate with minors as young as 13 about sexually explicit topics. Adults in these chatrooms have encouraged minors to adopt transgender identities and withhold this information from their parents (4)(5)(6)(7)(8). Walgreens is a brass sponsor of Out & Equal (9). The company is a corporate partner of the National LGBT Chamber of Commerce (10). Walgreens sponsored the following 6 events in 2025: Wilton Manors Stonewall Pride, The 50th Annual Memphis Pride Festival & Parade, Pride Houston 365, Out! Raleigh Pride, Gulf Association of Pride, Baton Rouge Pride Fest 2025 (11)(12)(13)(14)(15)(16). Otherwise, there are no publicly known cases of the company using corporate funds to advance ideological causes, organizations, or policies (17).

Criteria

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level
Rationale

Walgreens HRC 2025 CEI rating indicates the company publicly advocated for controversial sex and gender ideology through local, state or federal legislation or initiatives. By allowing a political stakeholder group to dictate operations, the company risks dividing employees, alienating customers and harming shareholders (1)(2). In 2024, the company donated to Equality PAC but has not lobbied for ideological purposes (3)(4)(5).

Board Bias

Expand Summary

CEO of Walgreens Boots Alliance

Rosalind G. Brewer

Rosalind G. Brewer

Summary:

Headquartered in Deerfield, Illinois, Walgreens Boots Alliance is a member of the Fortune 250 operating in the Food and Staples Retailing industry. Rosalind G. Brewer and Stefano Pessina serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $51,020 to Republican causes and $2,017,045 to Democratic causes. Under their tenure, Walgreens Boots Alliance currently holds a 'High Risk' risk rating.

View Full Board Bias Report

Political Contributions of Leadership:

$51,020

$2,017,045

Republican

Democrat

China Risk Database

Expand Summary

Number of Facilities: 12

Total Export Dollars: $210,195,314

View Full China Report

Total Estimated Sanctions (3-year Avg.)

$2,322,390,720

Average Annual Revenue

Global

$128,740,666,667

China Revenue

20.08%

$25,852,628,743

Annual Average of Total Assets

Global

$81,807,333,333

China Assets

21.90%

$17,911,876,069

Shareholder Proposals

Expand Summary

Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
1/25/24SocialJohn CheveddenLiving Wage PolicyAgainst7.93%
1/25/24SocialPresbyterian Church (U.S.A.)Report on Risks of Reproductive Healthcare LegislationAgainst7.72%
1/26/23GovernanceKenneth SteinerIndependent Board ChairAgainst33.84%
1/25/24GovernanceKenneth SteinerRequesting an Independent Board ChairmanAgainst31.46%
1/25/24GovernanceNational Center for Public Policy ResearchEEO Policy Risk ReportAgainst1.36%
1/25/24EnvironmentalThe Sisters of St. Francis of PhiladelphiaReport on Cigarette WasteAgainst5.97%
1/26/23GovernanceKenneth SteinerIndependent Board ChairAgainst33.84%
1/26/23SocialSisters of St. Francis of PhiladelphiaReport on Public Health Costs from Sale of Tobacco ProductsAgainst10.24%
1/27/22GovernanceJohn CheveddenSpecial Meetings - Reduce Ownership Req. to 10%Against30.60%
1/27/22SocialSisters of St. FrancisReport on Public Health Costs Due to Tobacco Product Sales and the Impact on Overall MarketAgainst11.26%
1/27/22GovernanceNational Center for Public Policy ResearchConversion to Public Benefit CorporationAgainst2.48%
Generate Reports
Clear
Toast