Global Citizenship Fact Sheet
Abbott's Approach to Global Citizenship
Global citizenship is an integral part of Abbott's mission to improve people's lives.
The company's efforts focus on four key areas: innovating for the future, enhancing access to health care, protecting patients and consumers, and safeguarding the environment. Working in partnership with others, Abbott leverages its core business expertise and resources to create sustainable solutions in countries around the world.
Recent Highlights of Abbott's Citizenship Work:
- Innovating for the Future – Abbott supported scientific advancement in emerging markets by opening new laboratories in China and Singapore, and through partnerships targeting new treatments for neglected diseases.
- Enhancing Access – Abbott is applying its expertise in science, public health, technology and engineering to find sustainable approaches to global health challenges. In 2011, Abbott and its philanthropic foundation the Abbott Fund also invested more than $730 million in grants, product donations, patient assistance programs and partnerships to expand sustainable access to care, reaching millions of people around the world.
- Safeguarding the Environment – Abbott reduced its normalized CO2 emissions by 36 percent in recent years by improving energy efficiency and switching to low carbon fuels and renewable energy. The company also is saving 1 billion gallons of water annually through production process improvements across its operations.
- Protecting Patients and Consumers – Abbott holds its suppliers to the same high standards for quality, safety and social responsibility that are applied internally, and conducts audits to ensure compliance. Abbott also partners with organizations to support patient and health care professional education around the world.
Recent External Recognition of Abbott's Citizenship Efforts:
- Abbott was included on the Dow Jones Sustainability World Index and North America Index for the seventh consecutive year in 2011 in recognition of continued global leadership in economic, environmental and social performance.
- Abbott was included on the global "100 Best Corporate Citizens List" list compiled by Corporate Responsibility magazine for the third consecutive year in 2011.
- Abbott was named one of the top three "Best in Class" companies in its industry sector for financial, environmental and social performance by Storebrand Investments, a leading socially responsible investment (SRI) firm.
- Abbott was named to the Maplecroft Climate Innovation Index for excellence in climate-related innovation and carbon management.
- Abbott has been recognized for its sustainability efforts in countries around the world, including Brazil, China, Ireland, Italy, Korea, Mexico, Singapore, Tanzania and the United States.
Abbott's full report of its Global Citizenship approach and performance is available at http://www.abbott.com/citizenship