Published 02-21-24
Submitted by Walgreens Boots Alliance
Walgreens Boots Alliance recently released their 2023 Environmental, Social & Governance Report. Ornella Barra, EVP, Chief Operating Officer, International and Chair of the ESG Committee, WBA, reflects on the organizations’ success and what’s next.
This is a significant year for WBA as Boots celebrates 175 years while Walgreens and Farmacias Benavides are 123 and 107 respectively. What is the secret to this longevity?
To understand this requires us to look back at where we started. Every day, I take inspiration from the incredible people who founded our company or who have shared their passion and vision over the years. From John Boot to Charles Walgreen, we have remained committed to providing trusted pharmacist support to bring affordable community healthcare to all.
Our vision today remains to be the leading partner in reimagining local healthcare and well-being. Our health-centered ESG strategy plays an integral role in our ambition.
At the heart of that responsibility is delivering affordable, accessible and quality healthcare and we have always understood the power of partnerships to achieve this. We have many long-standing partnerships such as Vitamin Angels (globally and U.S.), Macmillan Cancer Support (UK), European Organisation for Research and Treatment of Cancer – EORTC (Europe and beyond) and Fundación Alma (Mexico). Over the past eight years, we have donated $373 million1 to support the health and well-being of the communities we serve.
It is the dedication of our team members that brings these partnerships to life. They are on the front lines, and we thank them for their efforts.
Speaking of team members, what do you value most about their contribution?
Our people make us who we are: the service we give, the products we make, the positive impact we have; it is their desire to innovate and imagine the future that ensures we continue to move forward. Take, for example, our brands Liz Earle, Soap & Glory and 17 which have all achieved Cruelty Free International Leaping Bunny approval, and, this year, following huge strides in packaging in 2022, No7 launched its most inclusive skin care range yet: Future Renew.
Creating a culture where innovation thrives has always been in our DNA; in 1934 Boots introduced the five-day working week and were early pioneers of extended education for young employees. Today, we believe that providing learning and development opportunities for our 331,000 team members is no less essential. Since launching in 2013, Walgreens University has provided training, leadership development and career advancement for team members at all levels.
My roots are in pharmacy, and with our experienced leaders, I am committed to fostering an environment for personal and professional growth for the long term.
Last year you set ambitious health equity goals. How have you performed?
We introduced goals on key ESG topics including reduction of carbon emissions and waste as well as driving our inclusive culture with a focus on women in leadership, supplier diversity, people of color and people with disabilities. I am pleased to confirm that we exceeded most of our goals2, including a nearly 3 percentage point increase in U.S. team members identifying as having a disability and continued strong progress to reducing carbon emissions by 25 percent from our 2019 baseline.
What does the future hold for ESG at WBA?
Our health-centered ESG strategy remains as relevant today as it always has been. In 2023 we completed our first forward looking double materiality assessment which, once again, reinforced our focus supporting the health and well-being of people, patients and customers, communities and planet. It is my continued pleasure to Chair the WBA ESG Committee and I would like to thank the WBA Board, my fellow committee members, our teams and our incredible partners around the world for their unwavering commitment.
For more information on WBA’s sustainability initiatives please see the latest ESG Report.
1Cash and Non-cash valuation of community contributions. Click here for further details.
2U.S. People of color goal partially achieved.
Walgreens Boots Alliance (Nasdaq: WBA) is an integrated healthcare, pharmacy and retail leader serving millions of customers and patients every day, with a 170-year heritage of caring for communities.
A trusted, global innovator in retail pharmacy with approximately 13,000 locations across the U.S., Europe and Latin America, WBA plays a critical role in the healthcare ecosystem. The company is reimagining local healthcare and well-being for all as part of its purpose – to create more joyful lives through better health. Through dispensing medicines, improving access to a wide range of health services, providing high quality health and beauty products and offering anytime, anywhere convenience across its digital platforms, WBA is shaping the future of healthcare.
WBA employs more than 325,000 people and has a presence in nine countries through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico and Ahumada in Chile. Additionally, WBA has a portfolio of healthcare-focused investments located in several countries, including China and the U.S.
The company is proud of its contributions to healthy communities, a healthy planet, an inclusive workplace and a sustainable marketplace. WBA has been recognized for its commitment to operating sustainably: the company is an index component of the Dow Jones Sustainability Indices (DJSI) and was named to the 100 Best Corporate Citizens 2022.
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