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Walgreens Boots Alliance’s Supplier Program Drives Change

Walgreens Boots Alliance’s Supplier Program Drives Change

Published 03-05-24

Submitted by Walgreens Boots Alliance

A product in light pink packaging surrounded by ingredients and three arrows in a 'recycling' position.

Our global Supplier Sustainability Program measures suppliers’ sustainability performance per product category with the support of an online system used for data collection, analysis, reporting and scoring. The program utilizes The Sustainability Insight System (THESIS), developed by the nonprofit organization The Sustainability Consortium, a holistic sustainability assessment tool that gauges supplier practices, performance and management on energy, water, ethics and more. We have seen year-over-year improvements with our participating owned brand suppliers in the setting of manufacturing greenhouse gas goals and overall reduction of plastic usage. Read more about our goals in our 2023 Environmental, Social & Governance Report.

THESIS is key when it comes to making sure suppliers are progressing on their sustainability journey alongside WBA. It helps us understand where suppliers are in their sustainability journey and shares guidance with suppliers on how to advance their own practices for year-over-year improvement. This two-pronged utilization of THESIS helps competitively drive the industry forward, as suppliers can compare themselves to peers while holding themselves accountable. Improved supplier data collection from the program has furthered our ability to identify sustainability opportunities and risks at the product-category level. By identifying risk and opportunities within our suppliers' practices and supply chains, it enables us to better direct our efforts in supporting the development of our global brands and supplier sustainability strategy by providing a clearer view of how supplier engagement can be targeted.

In fiscal 2023, WBA continued to grow and expand supplier participation in the tool achieving a 68 percent increase in own brand suppliers completion of the assessment. This represented over $1.3B in cost of goods.

For more information on WBA’s responsible sourcing initiatives please see the latest ESG Report.

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Walgreens Boots Alliance

Walgreens Boots Alliance

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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