Walgreens Boots Alliance
Corporate Bias Rating
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Risk Level:
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.
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CEO of Walgreens Boots Alliance
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 ReportPolitical Contributions of Leadership:
$51,020
$2,017,045
Republican
Democrat
China Risk Database
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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
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| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 1/25/24 | Social | John Chevedden | Living Wage Policy | Against | 7.93% |
| 1/25/24 | Social | Presbyterian Church (U.S.A.) | Report on Risks of Reproductive Healthcare Legislation | Against | 7.72% |
| 1/26/23 | Governance | Kenneth Steiner | Independent Board Chair | Against | 33.84% |
| 1/25/24 | Governance | Kenneth Steiner | Requesting an Independent Board Chairman | Against | 31.46% |
| 1/25/24 | Governance | National Center for Public Policy Research | EEO Policy Risk Report | Against | 1.36% |
| 1/25/24 | Environmental | The Sisters of St. Francis of Philadelphia | Report on Cigarette Waste | Against | 5.97% |
| 1/26/23 | Governance | Kenneth Steiner | Independent Board Chair | Against | 33.84% |
| 1/26/23 | Social | Sisters of St. Francis of Philadelphia | Report on Public Health Costs from Sale of Tobacco Products | Against | 10.24% |
| 1/27/22 | Governance | John Chevedden | Special Meetings - Reduce Ownership Req. to 10% | Against | 30.60% |
| 1/27/22 | Social | Sisters of St. Francis | Report on Public Health Costs Due to Tobacco Product Sales and the Impact on Overall Market | Against | 11.26% |
| 1/27/22 | Governance | National Center for Public Policy Research | Conversion to Public Benefit Corporation | Against | 2.48% |
In the News
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