Novo Nordisk (NVO)

Overall impact
A (81)

Commentary

Novo Nordisk is a leader for overall positive impact. With an 'A' rating of 81.3 for overall impact (95th percentile compared to all companies), Novo Nordisk ranks 10th out of 154 industry peers, behind Eisai, Astellas Pharma, Shionogi and 6 others, and ahead of Adamis Pharmaceuticals, Benitec Biopharma, Aquinox Pharmaceuticals and 141 others. On top material causes for Novo Nordisk's industry (Pharmaceuticals & Biotech), Novo Nordisk performs well in Improved Mental Health (95.8 score), Decent, Safe Work Opportunities (95.5), Sustainable Use of Natural Resources (94.9) and 12 other causes where it received an 'A' score and performs poorly in Humane Treatment of Animals (14.7 score), Reduced Use of tobacco (17.5), Accountable Institutions (5.9) and 1 other cause where it received a 'D' or 'F' score.
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Company
Founded
1923
Employees
76,302
Sector
Health Care
Industry
Pharmaceuticals
Sub-industry
Pharmaceuticals
SASB industry
Biotechnology & Pharmaceuticals
Headquarters
Denmark
Share classes
NVO
Mission
To be the world leader in diabetes research, care, and treatment. Our passion for people and helping them live better lives is at the heart of everything we do.
Description
Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally. It operates in two segments, Diabetes and Obesity Care, and Rare Disease. The Diabetes and Obesity care segment provides products for diabetes, obesity, cardiovascular, and other emerging therapy areas. The Rare Disease segment offers products in the areas of rare blood disorders, rare endocrine disorders, and hormone replacement therapy. The company also provides insulin pens, growth hormone pens, and injection needles. In addition, it offers smart solutions for diabetes treatment, such as smart insulin pens and Dose Check, an insulin dose guidance application. The company has a collaboration agreement with UNICEF to tackle childhood obesity; and with Valo Health, Inc. to discover and develop novel drug programmes for cardiometabolic space. Novo Nordisk A/S was founded in 1923 and is headquartered in Bagsvaerd, Denmark.
Material causes
Ethos considers the following causes material for Novo Nordisk, based on its industry sub-industry Pharmaceuticals. Learn more about material causes in our methodology overview.

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