Fortrea Holdings, Inc.
Industry Group: Pharmaceuticals
Country/Region: United States of America
Identifier: NAS:FTRE
Fortrea Holdings is a late-stage contract research organization, or CRO, that provides comprehensive Phase I through IV clinical trial management, clinical pharmacology, and patient access solutions. The company works with emerging and large biopharma, medical device, and diagnostic companies to run their clinical trials as a functional-service provider, full-service provider, and offers hybrid trials. In 2023, Fortrea was formed as an independent, publicly traded company after Labcorp spun off its clinical development business, which it acquired via its purchase of Covance in 2015 for $6.1 billion. Fortrea has 19,000 staff members across 90 countries.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Pharmaceuticals 58 out of 850
Universe
Global Universe 3469 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Evotec SE |
17.7
Low
|
48 out of 850 |
| Qingdao Haier Biomedical Co., Ltd. |
17.9
Low
|
50 out of 850 |
| Oxford Nanopore Technologies Plc |
18.2
Low
|
56 out of 850 |
| Fortrea Holdings, Inc. |
18.4
Low
|
58 out of 850 |
| JOINN Laboratories (China) Co., Ltd. |
19.6
Low
|
82 out of 850 |
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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.
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.
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Top Material ESG Issues for Fortrea Holdings, Inc.
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Controversy Rating
Highest Controversy level that has impacted Fortrea Holdings, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
