At the core of Alticor, there is Amway. Holding company Alticor operates direct-selling giant Amway International and North American Web sales affiliate Amway Corp., which does business as Amway Global. Its Access Business Group offers manufacturing and distribution services, primarily catering to the Amway units but also to contract clients. Outside the direct-sales realm, Alticor Corporate Enterprises operates resort management firm Amway Hotel, upscale cosmetics maker Gurwitch Products (known for its Laura Mercier and ReVive brands), and health diagnostics developer Interleukin Genetics. Formed in 2000, Alticor is owned by Amway’s founders, the DeVos and Van Andel families.
Alticor
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3.3
Overall Excellence Rating
Industry
Consumer ProductsCategory
Consumer GoodsESG/Ethical Impact
Alticor’s environmental impact is tied to the activities of its subsidiary companies, notably Amway, which is known for its health, beauty, and home care products. The production and distribution of these goods can lead to resource consumption, energy use, and waste generation. Alticor’s efforts to mitigate its environmental impact might include adopting sustainable sourcing practices, reducing packaging waste, and implementing energy-efficient manufacturing processes. These initiatives can contribute to minimizing the company’s carbon footprint and preserving natural resources. Alticor’s social impact encompasses its relationships with employees, customers, communities, and business partners. The company’s commitment to fair labor practices, diversity and inclusion, and community engagement can influence employee morale, customer loyalty, and its overall reputation. Alticor’s involvement in social initiatives and philanthropic efforts can also play a role in building positive relationships with the communities where it operates. Alticor’s governance impact relates to its internal policies, ethical standards, and leadership accountability. Ensuring transparency, ethical decision-making, and compliance with regulations are essential components of the company’s governance efforts. A strong governance framework can foster trust among stakeholders and mitigate risks associated with ethical breaches and regulatory non-compliance.
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Awards Received
2023
Revenues
$9,200,000,000.00
Website Traffic
Employee Rating
3.8
Customer Rating
3.6
Company Size
10000+
ESG Risk Rating
3
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