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Abbott Laboratories ESG Profile (ABT): Is It Sustainable?

Updated on April 20, 2022

Our posts may contain links from our affiliate partners. This supports helps support the site as we donate 10% of all profits to sustainability organizations that align with our values. However, this does not influence our opinions or ratings. Please read our Terms and Conditions for more information.

Our (ABT) ESG Review

 Logo
$101.26
SymbolABT
Price$101.26
52 Week High šŸ“ˆ$124.36
52 Week Low šŸ“‰$93.25
Earnings Per Share šŸ’µ3.91
Dividend Yield šŸ”1.937828

Abbott Laboratories (“Abbott”) is a global diversified healthcare company that develops, manufactures, and markets a broad range of healthcare products. The company operates in four segments: Established Pharmaceutical Products, Diagnostics, Nutritional Products, and Medical Devices.

Abbott Laboratories is committed to reducing its greenhouse gas (GHG) emissions. The company has set a goal to reduce emissions by 5% from 2014-2019, and it has already reduced energy intensity by 9% from 2014-2018. Abbott is a signatory of the United Nations Global Compact and the American Business Act on Climate Pledge. These commitments underscore Abbott’s dedication to mitigating the effects of climate change. Abbott’s efforts are an example of how businesses can take meaningful action to address this critical global issue.

Abbott Laboratories has been consistently ranked as one of the most ethical companies in the world. The company was named one of the World’s Most Ethical Companies by the Ethisphere Institute for 11 consecutive years from 2007-2017.

What We Like
  • Diverse array of products with global reach

  • ESG initiatives that focus on sustainability and social responsibility

  • Strong focus on research and development

What We Don't Like
  • Restructuring changes in recent years

  • Potential political headwinds in the U.S.

ABT ESG Summary

This is a summary of 's ESG scores from Sustainalytics, MSCI, and ESG Enterprise.

ESG Rating Agency Score or Rating
Sustainalytics 66
MSCI a
ESG Enterprise BBB

ABT
Sector: Healthcare
Industry: Medical Devices
Employees: 113,000
Business Description

Abbott Laboratories 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 Established Pharmaceutical Products segment 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, MĆ©niĆØre’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. The Diagnostic Products segment offers laboratory systems in the areas of immunoassay, clinical chemistry, hematology, and transfusion; molecular diagnostics systems that automate the extraction, purification, and preparation of DNA and RNA from patient samples, as well as detect and measure infectious agents; point of care systems; cartridges for testing blood; 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; drug and alcohol test, and remote patient monitoring and consumer self-test systems; and informatics and automation solutions for use in laboratories. The Nutritional Products segment provides pediatric and adult nutritional products. The Medical Devices segment offers rhythm management, electrophysiology, heart failure, vascular, and structural heart devices for the treatment of cardiovascular diseases; and diabetes care products, as well as neuromodulation devices for the management of chronic pain and movement disorders. The company was founded in 1888 and is based in North Chicago, Illinois.

Company
ExchangeNYQ
Address100 Abbott Park Road
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FAQ

How much is (ABT) stock?

The current stock price of (ABT) is $101.26.

What is (ABT)'s ESG Score?

(ABT) has an ESG score of 66, BBB, and a as rated from Sustainalytics, ESG Enterprise, and MSCI, respectively.

Stocks

$101.26
Open $99.92
High $101.41
Close $99.08
Low $99.73
Volume 5,900,167

ABT ESG Scores 🌱
Sustainalytics 66
MSCI a
ESG Enterprise BBB

Buy for $101.26

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