iHerb
Rating Overview
Rating Criteria
Rating Criteria Detail
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:
MediumRationale:
iHerb integrates ESG into its business practices. From its 2023 Corporate Overview: “To effectively manage our ESG efforts and advance our program, iHerb has formalized an effective governance structure that includes ESG oversight responsibility at the Board level, an ESG Executive Committee and an ESG Working Group. The Executive Committee oversees the efforts of the Working Group and reports our progress on ESG matters to the iHerb Board of Directors” (1). iHerb promotes divisive sex and gender policies. Its Supplier Code of Conduct requires international vendors to include sexual orientation and gender identity in their nondiscrimination policy (2). However, the company has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (3).
Criteria:
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Risk Level:
LowerRationale:
iHerb does not appear to discriminate against charitable organizations based on views or beliefs. Its charitable giving focus areas are “to figure out the most effective method to offer a solid education to children, and then expand it to other children in need across the world” (1).
Corporate Governance and Public Policy
Criteria:
Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.
Risk Level:
HighRationale:
iHerb supports ESG within its business practices. From its 2023 Corporate Overview: “We are committed to delivering progress on the environmental, social and governance (“ESG”) issues that matter most to our stakeholders” (1). iHerb supports DEI within its business practices. From its LinkedIn post: “Here at iHerb, DEIB (Diversity, Equity, Inclusion, and Belonging) is at the core of our mission to ensure that each team member has equal opportunities to leverage their unique strengths, feel valued, and grow in a healthy and respectful work environment” (2). iHerb has not supported ideological causes or policies (3).
Criteria:
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Risk Level:
LowerRationale:
iHerb has not used corporate funds to advance ideological causes, organizations, or policies (1).