Abbott Laboratories
Industry Group: Healthcare
Country/Region: United States of America
Identifier: NYS:ABT
Abbott manufactures and markets cardiovascular and diabetes devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. Products include pacemakers, implantable cardioverter defibrillators, neuromodulation devices, coronary stents, catheters, infant formula, nutritional liquids for adults, continuous glucose monitors, and immunoassays and point-of-care diagnostic equipment. Abbott derives approximately 60% of sales outside the United States.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Healthcare 209 out of 588
Universe
Global Universe 5784 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Intuitive Surgical, Inc. |
18
Low
|
91 out of 588 |
Boston Scientific Corp. |
22.1
Medium
|
202 out of 588 |
Medtronic Plc |
22.2
Medium
|
204 out of 588 |
Abbott Laboratories |
22.2
Medium
|
209 out of 588 |
Stryker Corp. |
23.6
Medium
|
252 out of 588 |
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Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals.
Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Abbott Laboratories's Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Abbott Laboratories's Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Abbott Laboratories
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Abbott Laboratories's ESG Risk Rating in the last three years
Highest Controversy Level