https://www.tipranks.com/news/company-payments/walgreens-faces-esg-challenges-navigating-risks-to-reputation-and-financial-health
Walgreens Boots Alliance Inc. (WBA) has disclosed new risks in the debt and financing category.
Walgreens Boots Alliance Inc. faces significant business risks related to the increasing importance of ESG (environmental, social, and governance) values among employees, customers, and shareholders. The Company is committed to aligning its business operations with its ESG strategy, but recognizes that various risks and uncertainties may prevent it from achieving these goals. Stakeholder dissatisfaction due to unmet ESG expectations, coupled with a potential backlash from “anti-ESG” sentiment, poses a threat to companies’ reputations and attractiveness as employers. Furthermore, failure to achieve ESG targets could have a negative impact on stock prices, which could affect operational efficiency and financial soundness.
WBA’s average price target is $9.75, implying -11.92% downside.
To learn more about Walgreens Boots Alliance Inc. risk factors, click here.