Anheuser-Busch InBev — Ethics Grade C

Anheuser-Busch InBev receives an overall ethics grade of C (51/100) on CancelCo's corporate accountability database. Sector: Food & Beverage. Market cap: Large Cap.

Category scores

• labor: 60
• privacy: 80
• consumer: 50
• environment: 55
• humanRights: 45

Documented incidents (3)

• Beer Cartel in India (high, 2021) — The Competition Commission of India found AB InBev guilty of fixing beer prices for over a decade in collusion with United Breweries and Carlsberg, using the All India Brewers Association to coordinate.
• Bribery for Market Share (high, 2016) — The SEC fined the company for using third-party promoters to pay bribes to Indian government officials to increase sales and for silencing a whistleblower who tried to report the conduct.
• Water Depletion in Drought Regions (medium, 2022) — Production plants in northern Mexico faced intense criticism for consuming millions of cubic meters of water during record droughts, depriving local communities of drinking water access.

Documented good deeds

• 100% Renewable Electricity — Successfully transitioned nearly 100% of its global purchased electricity to renewable sources like wind and solar.

Ethical alternatives

• Heineken N.V. — Better performing on water stewardship metrics and local community investment in developing markets.