Walgreens Boots Alliance Inc

Lobbying Governance

AI Extracted Evidence Snippet Source

The Company's Board of Directors (the "Board"), through its Compensation and Leadership Performance Committee (the "CLP Committee"), provides oversight of human capital matters, including the Company's diversity, equity and inclusion ("DE&I") initiatives. The CLP Committee is also responsible for periodically reviewing the Company's compensation and benefits programs as well as management development and succession planning practices and strategies. The reports and recommendations to the Board via the CLP Committee underpin the broader framework that guides how the Company attracts, retains and develops its workforce in line with Company values. [...] The Board, through its Nominating and Governance Committee (the "NG Committee") has primary oversight responsibility for the Company's Environmental, Social and Corporate Governance ("ESG") initiatives and risks, reviewing at least annually the Company's policies and activities regarding sustainability and environment. Such oversight includes a review of the Company's management of related risks, in consultation with the Audit Committee as appropriate.

https://investor.walgreensbootsalliance.com/static-files/b5816b1e-fbed-4c39-9983-b003036f2ee3

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The Nominating and Governance Committee oversees the ESG agenda on behalf of the board of directors (Board) and receives updates on the full range of activities undertaken by the Company, including, but not limited to: [...] Our ESG strategy is a key pillar of our purpose and is overseen by the WBA ESG Committee, which reports on a bi-annual basis to the WBA Nominating and Governance Committee of the Board. [...] Reporting progress against WBA Health Equity Goals quarterly to WBA Board [...] The WBA ESG Committee plays a key role in providing further oversight and governance of our ESG program. This committee meets four times a year to review our ESG program, policy statements, evolving ESG-related regulations, social and environmental risks and progress toward achieving our ESG goals, including our goal to drive responsible sourcing practices throughout our supply chain, protecting human rights and engaging with suppliers around ethical and environmental issues. Ornella Barra, Chief Operating Officer, International, chairs this committee. Members of this committee include other senior executives from across our key businesses and departments (operations, legal, human resources, accounting, finance, public affairs and communications). The WBA ESG Committee sets and approves our ESG commitments and targets and oversees our progress. The committee also approves the outcome of our regular assessments, annual objectives and ESG Report. Our ESG governance was further strengthened during fiscal 2023 in our International segment when senior leaders from No7 Beauty Company, Global Sourcing and International Retail came together to form the Sustainability Committee.

https://www.walgreensbootsalliance.com/sites/www/files/2024-04/ESG%20Report%202023.pdf

Responsible corporate citizenship includes exercising our responsibility to actively participate in the political process. Primarily through Walgreens, we engage in the political and policymaking processes in the United States, at the federal, state, and local levels, to participate in democratic self-government and to have a voice in public policy debates that have a direct impact on us. We support candidates whose policies and goals are consistent with our purpose to create more joyful lives through better health, and who are aligned with the interests of our businesses, customers, communities, and stockholders." [...] "Walgreens Boots Alliance is a member of a number of trade associations and other policy-based organizations representing the interests of the industries in which it operates and the broader business community. These organizations often engage in public policy advocacy that can impact Walgreens Boots Alliance's long-term interests and the communities it serves.

https://www.walgreensbootsalliance.com/file-download/download/public/23836

The Nominating and Governance Committee oversees the ESG agenda on behalf of the board of directors (Board) and receives updates on the full range of activities undertaken by the Company, including but not limited to: economy, the environment and people in coordination with our WBA ESG committee [...] The WBA ESG Committee plays a key role in providing further oversight and governance of our ESG program. This committee meets four times a year to review our ESG program, policy statements, and progress toward achieving our ESG goals, including our goal to drive responsible sourcing practices throughout our supply chain, protecting human rights, and engaging with suppliers around ethical and environmental issues. The committee is chaired by Ornella Barra, chief operating officer, international. Senior executives from across our key businesses, as well as legal, human resources, accounting, marketing, public affairs and communications functions comprise its members. The WBA ESG Committee selects and approves our internal and external ESG commitments and targets and oversees our progress toward achieving those commitments and targets. The committee also approves the outcome of our regular assessments, annual objectives and ESG Report.

https://www.walgreensbootsalliance.com/sites/www/files/2024-04/2022%20ESG%20Report.pdf

The Board's oversight extends to our ESG program. The Board, through its Nominating and Governance Committee (NG Committee) has primary oversight responsibility for the Company's ESG initiatives and risks, reviewing at least annually the Company's policies and activities regarding sustainability and environment. Such oversight includes a review of the Company's management of related risks including climate-related risks, in consultation with the Audit Committee of the Board (Audit Committee) as appropriate. The NG Committee also receives updates, at least annually, regarding the Company's stockholder engagement program, which regularly includes discussion of, and feedback on, ESG-related matters. In certain cases, a member of the Board will participate in the stockholder engagement calls and report on such participation to the NG Committee. [...] The WBA ESG Committee plays a key role in providing further oversight and governance of our ESG program. This committee meets four times a year to review our ESG program, policy statements, materiality, evolving ESG-related regulations, social and environmental risks and progress toward achieving our ESG goals, including our goal to drive responsible sourcing practices throughout our supply chain, protecting human rights and engaging with suppliers around ethical and environmental issues. Ornella Barra, Chief Operating Officer, International, chairs this committee. Members of this committee include other senior executives from across our key businesses and departments (operations, legal, human resources, accounting, finance, public affairs and communications). The WBA ESG Committee sets and approves our ESG commitments and targets and oversees our progress. The Committee also approves the outcome of our regular assessments, annual objectives and these ESG report documents.

https://www.walgreensbootsalliance.com/sites/www/files/2025-01/Technical-Report-2024.pdf

We are committed to transparent reporting in all aspects of our business, including our progress in ESG activities. Our ESG strategy is a key pillar of our purpose and is overseen by the WBA ESG Committee, which reports at least annually to the WBA Nominating and Governance Committee of the Board.

https://www.walgreensbootsalliance.com/environmental-social-governance

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Responsible corporate citizenship includes exercising our responsibility to actively participate in the political process. Primarily through Walgreens, we engage in the political and policymaking processes in the United States, at the federal, state, and local levels, to participate in democratic self-government and to have a voice in public policy debates that have a direct impact on us. We support candidates whose policies and goals are consistent with our purpose to create more joyful lives through better health, and who are aligned with the interests of our businesses, customers, communities, and stockholders.

CDP Questionnaire Response 2022

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]No, and we do not plan to have one in the next two years

CDP Questionnaire Response 2023