Walgreens Boots Alliance Publishes 2023 ESG Report

Walgreens Boots Alliance (WBA) has unveiled its 2023 ESG Report, an annual account of the company’s Environmental, Social, and Governance (ESG) strategies, approaches, and performance across four core pillars: Healthy Communities, Healthy and Inclusive Workplace, Healthy Planet, and Sustainable Marketplace.

Central to WBA’s ESG framework is healthcare, reflecting its operational focus and corporate vision of becoming the leading partner in reshaping local healthcare and well-being for all.

Healthy Communities: Over the past eight years, WBA has donated $373 million to strengthen the health and well-being of the communities it serves. Achievements include a decade-long partnership with Vitamin Angels, reaching over 400 million women and children with life-changing vitamins, and addressing health disparities for underserved US communities by distributing more than $1.8 million in flu shot vouchers at Walgreens during fiscal year 2023. Additionally, through its 14-year collaboration with Boots, WBA raised over $26 million for Macmillan Cancer Support.

Healthy Planet: WBA has further slashed Scope 1 and Scope 2 emissions by 5% across its operations, achieving a 25% reduction since its 2019 baseline and progressing well towards its 30% target by 2030.

Sustainable Marketplace: Walgreens allocated over $700 million to diverse Tier 1 suppliers in the US, while Boots eliminated wet wipes containing plastic fibres.

Healthy & Inclusive Workplace: WBA fulfilled its pledge to enhance workforce representation of people with disabilities, pioneering the inclusion of disability representation as a distinct metric in a disclosed incentive plan among S&P 500 companies. The company witnessed a nearly 3 percentage point increase in the representation of people with disabilities at all levels.

Tim Wentworth, Chief Executive Officer of WBA, said, “As we take a moment to reflect on the progress we have made, we are focused on our legacy for the future and addressing the most urgent needs for our people, patients, and consumers today. We look forward to working with our valued partners over this next year as we continue to build on our progress and ongoing collaboration.”

Ornella Barra, EVP, Chief Operating Officer, International and Chair of the ESG Committee, WBA, added, “Our people make us who we are: The service we give, the products we make, the positive impact we have, and it is their desire to innovate and imagine the future that ensures we continue to move forward.”

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Source: Walgreens Boots Alliance