Abbott Laboratories (ABT)

Overall impact
C (58)

Commentary

Abbott is an average overall performer. With a 'C' rating of 57.6 for overall impact (58th percentile compared to all companies), Abbott ranks 7th out of 13 industry peers, behind Smith & Nephew, Getinge, Medtronic and 3 others, and ahead of Boston Scientific, Baxter, Fresenius and 3 others. On top material causes for Abbott's industry (Healthcare Equipment), Abbott performs well in Decent, Safe Work Opportunities (82.1 score), Disaster Readiness and Effective Aid (95.7), Reduced Waste (85.9) and 3 other causes where it received an 'A' score and performs poorly in Accountable Institutions (0.0 score), Accountable Institutions (0.0), Disease Eradication (27.3) and 2 other causes where it received a 'D' or 'F' score.
Impact
Cause ABT
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Company
Founded
1991
Employees
114,000
Sector
Health Care
Industry
Health Care Equipment & Supplies
Sub-industry
Health Care Equipment
SASB industry
Medical Equipment & Supplies
Headquarters
Il, United States
Share classes
ABT
Mission
Committed to helping you live your best possible life through the power of health.
Description
Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products worldwide. It operates in four segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. The company provides generic pharmaceuticals for the treatment of pancreatic exocrine insufficiency, irritable bowel syndrome or biliary spasm, intrahepatic cholestasis or depressive symptoms, gynecological disorder, hormone replacement therapy, dyslipidemia, hypertension, hypothyroidism, hypertriglyceridemia, Ménière's disease and vestibular vertigo, pain, fever, inflammation, and migraine, as well as provides anti-infective clarithromycin, influenza vaccine, and products to regulate physiological rhythm of the colon. It also offers laboratory and transfusion medicine systems in the areas of immunoassay, clinical chemistry, hematology, and transfusion serology testing; molecular diagnostics polymerase chain reaction instrument systems that automate the extraction, purification, and preparation of DNA and RNA from patient samples, and detect and measure infectious agents; point of care systems; cartridges for testing blood gas, chemistry, electrolytes, coagulation, and immunoassay; rapid diagnostics lateral flow testing products; molecular point-of-care testing for HIV, SARS-CoV-2, influenza A and B, RSV, and strep A; cardiometabolic test systems; and drug and alcohol test. In addition, the company provides pediatric and adult nutritional products and infant formula; rhythm management, electrophysiology, heart failure, vascular, and structural heart devices for the treatment of cardiovascular diseases; diabetes care products, such as glucose and blood glucose monitoring systems; and neuromodulation devices for the management of chronic pain and movement disorders. Abbott Laboratories was founded in 1888 and is based in North Chicago, Illinois.
Material causes
Ethos considers the following causes material for Abbott Laboratories, based on its industry sub-industry Health Care Equipment. Learn more about material causes in our methodology overview.

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