Healthcare products
One of the world's largest manufacturers of generic and private-label OTC (over-the-counter) pharmaceuticals and supplements. When Perrigo bought Elan Corporation in 2013, it moved its headquarters to Ireland to reduce its corporate tax rate.
Company Assessment
(Last updated Nov 2024)
Praise
Criticism
Information
Perrigo Company plc
Praise
Information
Criticism
JUST Capital ranking
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2024 rankings the public identified 20 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 739th of 937 companies, and 38th of 41 Pharmaceuticals & Biotech companies.
Source: JUST Capital
(2024)
28/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 28/100 in the Pharmaceuticals category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 18 Nov 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global
(2022)
False claims settlement
In 2015 Perrigo agreed to set up a US$2.8 million settlement fund following a class action lawsuit. Plaintiffs alleged that this company's products containing glucosamine and/or chondroitin were represented as formulated to help "rebuild cartilage," "lubricate joints," and "improve joint comfort" when they do not provide these benefits.
Source: Top Class Actions
(2015)
CEO Pay Ratio of 163:1
In 2022 the median pay for a worker at this company was US$78,682. The CEO was paid 163 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
Source: AFL-CIO
(2023)
Involvement with Israel
The independent research centre Who Profits has identified this company as complicit in Israel's ongoing occupation of Palestinian and Syrian land. "Perrigo enjoys the advantages generated by the Israeli occupation of Palestinian lands allowing the company to exploit the Palestinian market."
Source: Who Profits
(2024)
Corporate responsibility claims
This company has Corporate Responsibility claims on its website in the areas of environmental stewardship, worker safety, packaging and community partnerships.
Source: company website
(2014)
How2Recycle member
This company is a member of How2Recycle. The How2Recycle Label is a voluntary, standardized labeling system that clearly communicates recycling instructions to the public. It involves a coalition of forward thinking brands who want their packaging to be recycled and are empowering consumers through smart packaging labels. Companies must be a member of the program to use the How2Recycle Label.
Source: How2Recycle
(2023)
CDP Climate Change score of C
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of C.
Source: CDP
(2023)
Modern Slavery statement
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Source: company website
(2018)
OpenSecrets.org profile
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
Source: Open Secrets
(2024)
Company Details
Type:
Public company
Founded:
1887
Revenue:
5 billion USD
(2020)
Employees:
13,242
(2020)
Subsidiaries:
Orion Laboratories Pty Ltd
Pharmaceutical manufacturer
Founded in 1985 and acquired by Perrigo in 2010. Acquired several brands from Aspen in 2014 including Herron.
Contact Details
Products / Brands
Perrigo Australia
Audiclean
Eye & Ear Care
Compeed
Foot Care
Compeed
Lip Care
Herron
Laxatives
Herron
Pain Relief Tablets
Nicaway
Quit Smoking
Nicotinell
Quit Smoking
OsteoEze
Vitamins
Wartner
Foot Care