Corprate Bias Ratings
McKesson vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination, but has not publicly terminated business relationships based on views or beliefs. The company covers the cost of "medically necessary transition-related care" for its employees and their children. McKesson uses its corporate reputation and corporate dollars for ideological purposes. McKesson is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. However, the company does not discriminate against religious organizations in its charitable giving. McKesson was sued by a former employee, who alleged that she was fired for refusing the coronavirus vaccine on religious grounds, but the company denies this allegation. However, it does not discriminate against religious organizations in its charitable giving and has not used its PAC contributions for ideological purposes. For these reasons, McKesson receives a Medium Risk rating.
Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
McKesson was sued by a former company vice president, who claimed that the company fired her for refusing the COVID-19 vaccine on religious grounds (1). However, McKesson has denied the allegation, stating that the employee was fired for other reasons (2). McKesson received a score of 100 on the Corporate Equality Index from the Human Rights Campaign (3). Among other requirements, this means the company has pledged to vet vendors based on LGBTQ policies. It has not canceled clients based on their views or beliefs otherwise.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
McKesson has advocated for the Equality Act, and its public affairs team monitors legislation in conjunction with LGBTQ and ally employees “that could significantly impact the LGBT community” (1)(2). McKesson has signed the CEO Action for Diversity and Inclusion pledge (3). McKesson has integrated ESG practices into its business, including DEI programs and a 2030 carbon neutrality commitment (4). However, Senate Democrats sent a letter to McKesson and other pharmaceutical companies urging them to carry abortion pills, but McKesson has resisted the pressure (5). CEO Brian Tyler is a member of the Business Roundtable and signed its 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (6)(7). McKesson has frequently used its website to promote LGBTQ as one’s “true identity” (8)(9).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
McKesson has a perfect score on the HRC’s 2022 Corporate Equality Index. This score indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (1)(2). McKesson is a copper sponsor of Out & Equal (3). McKesson is a sponsor of Dallas Pride (4).
All links were last accessed and all information was updated on:
November 30, 2023
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|Date||ESG Category||Proponent||Summary of Resolution||Mgmt Rec||Total Vote % in Favor|
|7/21/23||Governance||John Chevedden||Ratification of Termination Pay||Against||10.80%|
|5/17/23||Environmental||As You Sow||Report on GHG Emissions Financing||Against||28.90%|
|5/17/23||Social||Domini Impact Investments LLC||Report on Human Rights Risk Assessment||Against||16.50%|
|7/22/22||Governance||NYC Comptroller's Office||Adopt Policy on 10b5-1 Plans||Against||49.34%|
|7/22/22||Governance||John Chevedden||Special Meetings - Reduce Ownership Req. to 10%||Against||36.91%|
|5/19/22||Social||As You Sow||Report on Efforts to Reduce Greenhouse Gas Emissions Associated with Underwritin, Insuring, and Investing||Against||72.18%|
|5/19/22||Social||Green Century Capital Management||Policy Restricting Underwriting of New Fossil Fuel Supplies||Against||19.38%|