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

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

Category scores

• labor: 55
• privacy: 80
• consumer: 40
• environment: 45
• humanRights: 50

Documented incidents (3)

• Tax Evasion in India (medium, 2020) — Authorities in India banned AB InBev from the Delhi market for three years after an investigation found the company used duplicate barcodes to evade state taxes.
• Water Use in Vulnerable Areas (medium, 2021) — The company faced backlash in Mexico and parts of Africa for excessive water extraction during severe droughts, prioritized over local municipal water needs.
• Youth Marketing Violations (medium, 2019) — Regulators in various markets criticized the company for social media campaigns that allegedly targeted underage drinkers or glamorized irresponsible consumption.

Documented good deeds

• Water Access Initiative — Provided access to clean water to over 5 million people in water-stressed regions through their flagship water brand partnerships.

Ethical alternatives

• New Belgium Brewing — B Corp certified with a strong focus on carbon neutrality and worker ownership models.