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Company Directory - McKesson Corporation

Company Details - McKesson Corporation

McKesson Corporation Logo

McKesson Corporation

Website

Irving, United States

NYSE: MCK 

ISIN: US56574W1080

A global leader in healthcare supply chain management, McKesson distributes pharmaceuticals and manages healthcare supply chains.

CCI Score

CCI Score: McKesson Corporation

-17.26

0.01%

Latest Event

McKesson Corporate Lobbying Activity

The OpenSecrets profile indicates that McKesson Corporation engages in extensive lobbying efforts, using multiple lobbying firms to influence U.S. policy and protect its corporate interests. Such activity may prioritize corporate profit over democratic accountability and workers’ rights.

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ENABLER

McKesson Corporation is currently rated as an Enabler.

-10 to -19 CCI Score
Companies in this segment facilitate authoritarian practices while claiming neutrality. They provide resources or support that indirectly bolster oppressive regimes, thereby undermining democratic accountability without overtly endorsing the regime.

Latest Events

  • McKesson Corporate Lobbying Activity Logo
    FEB
    19
    2025

    The OpenSecrets profile indicates that McKesson Corporation engages in extensive lobbying efforts, using multiple lobbying firms to influence U.S. policy and protect its corporate interests. Such activity may prioritize corporate profit over democratic accountability and workers’ rights.

  • -30

    Political Contributions and Lobbying Efforts

    March 29

    McKesson's active engagement in political lobbying—as documented by OpenSecrets—suggests that it is channeling significant resources to influence policy outcomes in its favor. Such practices undermine democratic processes and risk bolstering corporate power at the expense of workers and marginalized communities.

    McKesson Corp Lobbying Profile • OpenSecrets

  • Settlement for Discriminatory Hiring Practices Logo
    NOV
    08
    2024

    McKesson Medical-Surgical Inc., a subsidiary of McKesson Corporation, settled allegations of discriminatory hiring practices by agreeing to pay $448,578 in back wages and interest. The settlement, following an OFCCP compliance review, also requires the company to extend job offers to affected applicants and reassess its hiring protocols.

  • -60

    Labor Relations and Human Rights Practices

    March 29

    The settlement resulted from findings by the OFCCP that McKesson's hiring practices disadvantaged nearly 900 applicants, including Black and Hispanic candidates, in violation of federal nondiscrimination guidelines. Although remedial steps are being taken, the discriminatory practices reflect a significant failure in upholding labor rights and human rights practices.

    McKesson pays $448,000 to settle discriminatory hiring allegations

  • McKesson Subsidiary Discrimination Settlement Logo
    NOV
    05
    2024

    McKesson Medical-Surgical resolved allegations of systemic hiring discrimination at its Grapevine, Texas facility by settling for $448,000 in back wages and interest, and offering jobs to eligible applicants. The settlement follows findings by the OFCCP that discriminatory hiring practices adversely impacted nearly 900 applicants between 2019 and 2021.

  • -60

    Labor Relations and Human Rights Practices

    March 29

    The settlement stems from systemic hiring discrimination that affected hundreds of applicants, including significant numbers of Black and Hispanic individuals. While the remedial measures such as back wage payments and extended job offers represent a corrective step, the underlying discriminatory practices constitute a serious breach of fair labor and human rights standards.

    McKesson Subsidiary Resolves Discrimination Claims for $448,000

  • McKesson Hiring Bias Settlement Logo
    NOV
    05
    2024

    McKesson Medical-Surgical, a subsidiary of McKesson Corporation, agreed to pay $448,578 in back wages and interest and to amend its hiring practices following allegations of systemic discrimination against Black, Hispanic, and white applicants at its Grapevine distribution facility. The settlement with the U.S. Department of Labor's OFCCP follows a compliance evaluation that revealed significant disparities in hiring rates.

  • -75

    Labor Relations and Human Rights Practices

    March 29

    The settlement highlights serious deficiencies in McKesson’s hiring practices and its failure to ensure equal opportunity for marginalized groups. The conciliation agreement, which includes back payments and commitments to offer jobs and retrain management, underscores a significant breach in labor relations and human rights practices, negatively impacting marginalized communities.

    McKesson will pay $448,000 for hiring bias against Black, Hispanic and white applicants

  • McKesson Subsidiary Settles Racial Hiring Discrimination Case Logo
    NOV
    04
    2024

    McKesson Medical-Surgical Inc., a subsidiary of McKesson Corporation, agreed to pay $448K in back wages and interest to resolve allegations of systemic racial hiring discrimination at its Grapevine, TX facility. The settlement includes job offers for 32 eligible applicants and mandates management training to prevent future discriminatory practices.

  • +70

    Labor Relations and Human Rights Practices

    March 29

    The settlement, enforced by the OFCCP, marks a corrective response to systemic discriminatory hiring practices that targeted hundreds of applicants. By agreeing to pay back wages, interest, and extend job offers, McKesson Medical-Surgical demonstrates a commitment to remedying racial discrimination in its hiring process, aligning with anti-fascist labor practices and supporting marginalized communities.

    McKesson Corp. subsidiary to pay $448K in back wages, interest to resolve alleged systemic racial hiring discrimination in Grapevine

  • McKesson Lobbying Profile Reveals Significant Political Influence Logo
    JAN
    01
    2024

    The OpenSecrets profile on McKesson Corporation outlines its long-term involvement in lobbying activities, including data on annual lobbying totals since 1998 and bills lobbied in 2024, indicating the company's sustained engagement in political processes.

  • -40

    Political Contributions and Lobbying Efforts

    March 29

    The OpenSecrets profile exposes McKesson's extensive lobbying activities, which raise concerns about the company's use of political influence to shape healthcare policy and potentially favor corporate interests over public welfare. From an anti-fascist, progressive perspective, such heavy engagement in political lobbying is seen as undermining democratic accountability and transparency.

    McKesson Corp Profile: Lobbying • OpenSecrets

  • McKesson Corporation Lobbying Activity in 2023 Logo
    DEC
    31
    2023

    McKesson Corporation spent $3,150,000 on lobbying in 2023, as reported by OpenSecrets. This significant expenditure highlights the company's active engagement in influencing policy decisions, raising concerns about corporate influence in the political arena.

  • -50

    Political Contributions and Lobbying Efforts

    March 29

    McKesson's reported $3.15M expenditure on lobbying in 2023 is indicative of a deliberate effort to shape policy in ways that may favor corporate interests over public welfare. Such lobbying activities are perceived as undermining democratic processes and are concerning from a progressive perspective.

    McKesson Corp Issues Lobbied • OpenSecrets

  • McKesson Faces Strike as Teamsters Condemn Labor Practices Logo
    DEC
    04
    2023

    Teamsters at McKesson’s Sacramento warehouse authorized a strike vote as the union demands a fair contract. The company has been criticized for consistently undermining bargaining efforts by rejecting a proposed affordable health care plan and prioritizing massive stock buybacks over the well-being of its workers.

  • -80

    Labor Relations and Human Rights Practices

    March 29

    McKesson’s refusal to offer an adequate health care plan and its repeated undermining of union negotiations, along with prioritizing billions in stock buybacks instead of investing in worker welfare, reflect a significant disregard for labor rights and ethical business practices.

    Teamsters Authorize Strike at McKesson

  • Teamsters Strike Authorization at McKesson Logo
    DEC
    04
    2023

    Teamsters at McKesson in Sacramento authorized a strike, protesting the company's rejection of a fair health care plan and inadequate contract terms. The rejection follows ongoing negotiations since September, highlighting the company's prioritization of shareholder returns and stock buybacks over worker benefits.

  • -80

    Labor Relations and Human Rights Practices

    March 29

    McKesson's actions—repeatedly undercutting Teamsters' bargaining efforts by rejecting a fair health care plan and focusing on massive stock buybacks—demonstrate a disregard for worker rights and fair labor practices. This move not only undermines the welfare of its workforce but also reinforces corporate priorities that contribute to broader social inequities, aligning with authoritarian economic practices.

    TEAMSTERS AUTHORIZE STRIKE AT MCKESSON - PR Newswire

  • McKesson's Engagement in Healthcare Public Policy Logo
    OCT
    01
    2023

    McKesson's Public Affairs team described its approach to engaging with federal, state, and local government officials to advocate for patient-centered healthcare policies. The team organizes tours of distribution centers, meets with hospital and pharmacy customers, and participates actively in trade associations to influence healthcare regulation.

  • +15

    Executive Political Engagement

    March 29

    McKesson’s active engagement through its Public Affairs team in direct discussions with legislators and regulators demonstrates a commitment to shaping healthcare policy with a patient-first approach. While corporate political engagement can raise concerns over undue influence, the emphasis on access to affordable and quality healthcare suggests a moderate positive impact from a social responsibility standpoint.

    Engagement in Healthcare Public Policy

  • McKesson Political Engagement and Lobbying Policy Logo
    JAN
    01
    2023

    The article outlines McKesson’s structured approach to political engagement. It details policies on political contributions, lobbying efforts, and internal oversight, including board reviews and clear guidelines for contributions, ensuring transparency and accountability in its political activities.

  • +10

    Political Contributions and Lobbying Efforts

    March 29

    McKesson’s disclosure of its political contributions and lobbying expenditures, along with robust internal reviews and external reporting, promotes transparency. This structured, oversight-driven approach mitigates risks of opaque influence, representing a modest positive move from an anti-authoritarian perspective.

    Political Engagement

  • +10

    Executive Political Engagement

    March 29

    The clear assignment of oversight responsibilities to senior executives and board committees, along with routine reporting, underscores a commitment to accountable executive political engagement. This process reduces the risk of unbridled corporate influence on policy, a positive indicator from an anti-fascist perspective.

    Political Engagement

  • McKesson's Transparent Political Engagement and Oversight Logo
    JAN
    01
    2023

    McKesson outlines its comprehensive internal procedures for political contributions and lobbying, emphasizing transparency, legal compliance, and robust oversight by senior leadership. The company reviews all political contributions—with those over $1,000 requiring CEO approval—and regularly discloses its federal and state political expenditures, including contributions made via its Employees’ PAC.

  • +30

    Political Contributions and Lobbying Efforts

    March 29

    McKesson’s detailed political contributions and lobbying policy demonstrates a commitment to transparency and strict oversight. The requirement that contributions be reviewed by outside counsel and approved by senior executives helps guard against undue influence and fosters ethical political practices, which is a positive step in mitigating corporate complicity in authoritarian influence.

  • +20

    Executive Political Engagement

    March 29

    The involvement of McKesson’s senior leadership, including the Senior Vice President of Public Affairs and the Chief Executive Officer in the approval process of political contributions, adds an extra layer of oversight. This executive engagement helps ensure that political spending aligns with ethical standards and enhances accountability in corporate political behavior.

    Political Engagement

  • McKesson 2022 Lobbying Report Transparency Logo
    DEC
    31
    2022

    McKesson Corporation published its annual report for the calendar year 2022, detailing its lobbying expenditures and general public policy priorities, thereby providing transparency and accountability to shareholders.

  • +40

    Political Contributions and Lobbying Efforts

    March 29

    By disclosing detailed information on its lobbying activities and public policy priorities for 2022, McKesson demonstrates transparency and accountability. This openness supports public oversight and serves as a countermeasure to opaque corporate political practices that could fuel authoritarian agendas.

    Report on 2022 Lobbying Activities - McKesson

  • McKesson Improves Labor Contract After Strike Logo
    APR
    06
    2021

    Following a three‐week strike by UFCW Local 655 at its pharmaceutical division, McKesson agreed to a new labor contract that includes wage and benefit increases and a cooperative effort to improve worker-management relations, addressing longstanding grievances of overwork and lack of respect.

  • +80

    Labor Relations and Human Rights Practices

    March 29

    The improved contract following the strike reflects a significant positive change in McKesson's labor relations and human rights practices. The company's management acknowledged the workers' concerns about overwork and disrespect by offering better wages, benefits, and a collaborative labor-management framework, aligning with anti-authoritarian and progressive labor values.

    3-week strike at McKesson ends, helped by solidarity of strikers and all of Labor

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