Anheuser-Busch InBev NV/SA — Ethics Grade C-

Anheuser-Busch InBev NV/SA receives an overall ethics grade of C- (42/100) on CancelCo's corporate accountability database. Sector: Retail. Market cap: Large Cap.

Category scores

• labor: 60
• privacy: 85
• consumer: 55
• environment: 52
• humanRights: 58

Documented incidents (3)

• FCPA Violations in India (medium, 2016) — AB InBev paid $6 million to settle SEC charges that it used third-party promoters to bribe Indian government officials to increase sales and production.
• Water Depletion in Water-Stressed Areas (high, 2021) — Criticized for high water intensity production in regions like Zacatecas, Mexico, where local communities face severe water scarcity while brewery operations continue.
• EU Market Dominance Abuse (medium, 2019) — The European Commission fined AB InBev €200 million for hindering cheaper imports of Budweiser beer from the Netherlands into Belgium.

Documented good deeds

• 100% Renewable Purchased Electricity — Successfully transitioned dozens of global sites to use 100% renewable electricity for brewery operations.

Ethical alternatives

• Heineken NV — Higher scores in community development and more aggressive carbon reduction targets.