Walgreens Boots Alliance believes that strong corporate governance is an essential element of achieving our overall objectives and acting as a responsible organization.
The Board of Directors of Walgreens Boots Alliance is committed to sound corporate governance and sets high standards for employees, officers and directors. Our governance structure helps enable the Board to fulfill its fiduciary duties to our stockholders and helps ensure the long-term success of the Company. The Board exercises oversight of the Company’s strategic, operational and financial matters, including the elements and dimensions of major risks facing the Company and which may include risk management with respect to CSR matters.
In furtherance of those goals, the Board has charged its Nominating and Governance Committee with reviewing, at least annually, the Company’s policies and activities regarding CSR.
The Walgreens Boots Alliance Code of Conduct and Business Ethics supports good governance of our behaviors and approach to Corporate Social Responsibility. It sets out the ethics and principles which are to be upheld by each Division, business, corporate function and team member within Walgreens Boots Alliance.
Additionally, Walgreens Boots Alliance annually reviews our policy statements
. These statements shape our approach to CSR activities and help ensure our Divisions and businesses are working within the same parameters.
During fiscal 2016 we established a global Ethical Trading Standards Policy that consolidated standards for our business partners from the legacy businesses of Walgreens Boots Alliance. Primary among the provisions in the consolidated Policy is our opposition to the exploitation of workers through any form of forced or bonded labor, slavery, human trafficking or labor practices that involve harsh or inhumane treatment. To read more about our 2016 Modern Slavery and Human Trafficking Statement
, please see the Ethical Sourcing section
of this report.
Our code of ethics
The Code of Conduct and Business Ethics (“the Code”) extends to all our officers and employees no matter where they are located in the world. It also extends to other parties acting on behalf of Walgreens Boots Alliance, Inc. or any of its subsidiaries, such as consultants, agents, intermediaries or other representatives of Walgreens Boots Alliance, including our Board of Directors.
The confidential reporting telephone lines/website addresses listed in Appendix A of the Code are managed for Walgreens Boots Alliance by independent companies that provide reporting services for hundreds of companies worldwide. They are available 24 hours a day, seven days a week and in local languages. Information received by the independent companies is relayed to the Walgreens Boots Alliance Compliance Office for further investigation and review as appropriate.
Corporate Governance Guidelines
Code of Conduct & Business Ethics