Abbott Laboratories

Abbott Laboratories

Community score

+1.87 -55
Industry: Medical Technology and Equipment
Listing country: United States
Year added: 2018

Founded in 1888, Abbott Laboratories has grown into a leading global healthcare company, with its headquarters established in Abbott Park, Illinois, United States. The company's business activities span several critical segments, which include Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, Medical Devices, and a diverse 'Others' category encapsulating various healthcare services and products. Abbott Laboratories' prominence in the market is partly due to its strong brand portfolio. Notable brands under its wing include Similac, a range of infant formulas known for their nutritional quality; Ensure, providing adult nutrition products that cater to a variety of dietary needs; Pedialyte, an electrolyte solution designed for children that aids in hydration; FreeStyle, which encompasses a line of diabetes care products that offer innovative glucose monitoring systems; and Abbott Molecular, specialists in molecular diagnostics products. The company's global reach is extensive, with products and services sold in over 160 countries. Among these, some of the most important markets are the United States, China, India, Russia, and various nations across Europe, Latin America, and the Asia-Pacific region, ensuring a strong and diversified geographic presence in the healthcare market. (Powered by AI)

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Abbott Laboratories

Annually, about 600Mn people experience sickness after ingesting contaminated products, of which, 420,000 succumb1. 125,000 children under the age of 5 die due to bacterial infections after ingesting contaminated food1.

Misleading drug marketing c...

Manisha R. April 18th, 2024
32 ratings
Abbott Laboratories

Nearly two billion people worldwide lack access to essential medications1. Providing essential medicines to underserved nations can reduce mortality and prevent treatable disease-related deaths, a crucial global health goal2,3;p14.

Abbott Laborato...

Ifeoluwa I. March 25th, 2024
14 ratings
Abbott Laboratories

The world generates approximately 2.01 billion (bn) tonnes (t) of waste every year1. 85% of the waste generated by health care is non-hazardous, and the remaining 15% is hazardous, which can be toxic, infectious, and radioactive3. Pharmaceutical p...

Abdulmajeed V. February 6th, 2024
64 ratings
Abbott Laboratories

Over 500 million people live with diabetes around the world, a non-curable, chronic life-threatening disease1,12. The world spends billions of dollars each year, as indicated by the biggest-ever investigation of diabetes levels across the world2. ...

Paul A. February 11th, 2024
38 ratings
Abbott Laboratories

As per the ILO, to be gender-balanced, an organization needs 40-60% of either gender1;p12. An upper ratio of women in the workplace forecasts more job satisfaction, more meaningful work, dedication, and fewer burnouts2Women's underrepresentation...

Paul A. December 29th, 2023
40 ratings
Abbott Laboratories

In order to ensure strong institutions and the well-being of society, governments spend a considerable amount of the state's budget on public goods and services, which are funded by taxes paid by individuals and corporations1.  Corporate taxes acc...

Deborah D. November 3rd, 2023
24 ratings
Abbott Laboratories

Every year, around 4 trillion m3 of freshwater is consumed worldwide1. Only 3% of the total available water on earth is freshwater, and only 0.5% is available for human consumption2. Industry uses ~20% of the total water globally3;p7.

US-based Abb...

Paul A. September 5th, 2023
18 ratings
Abbott Laboratories

A culturally diverse workplace expands people's ability to develop talents and skills by exchanging a broader range of ideas and expertise1. It also empowers people by building trust between co-workers and helps them dispel negative stereotypes an...

Renu R. September 4th, 2023
28 ratings
Abbott Laboratories

In 2022, 3.32 billion people were employed globally1. Job creation is vital for society and the economy2. It reduces poverty and provides social protection to employees and families3. It also fosters personal development and social integration3. I...

Renu R. August 15th, 2023
48 ratings
Abbott Laboratories

In 2021, about 57.4 million (Mn) tonnes (t) of e-waste was generated worldwide, of which only 17.4% were recycled1. Glucose meters are also mostly made from several polymers2, Also, medical instrumentation equipment ranges from hematology analyzer...

Gift O. August 14th, 2023
12 ratings

Most negative / positive SDG

+3.38
-3.76