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Abbott Laboratories, commonly referred to as Abbott, is a leading player in the electromedical and electrotherapeutic apparatus manufacturing industry. Headquartered in the United States, the company operates extensively across major regions, including Europe, Asia, and Latin America. Founded in 1888, Abbott has achieved significant milestones, including pioneering advancements in medical technology and diagnostics.
The company’s core offerings encompass a diverse range of products, including cardiovascular devices, diabetes care solutions, and nutritional products, all distinguished by their innovative design and reliability. Abbott's commitment to research and development has solidified its market position, making it a trusted name in healthcare. With a focus on improving patient outcomes, Abbott continues to set industry standards through its cutting-edge technologies and comprehensive healthcare solutions.
+2 vs industry average
Abbott’s score of 69 is lower than 47% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electromedical and Electrotherapeutic Apparatus Manufacturing has below-average carbon intensity
The Electromedical and Electrotherapeutic Apparatus Manufacturing industry has reduced its overall emissions by 28% since 2018
Scope 3 accounts for ••• of total emissions.
Abbott, a US-based Electromedical and Electrotherapeutic Apparatus Manufacturing company, reported its most recent emissions data for 2024. The total market-based emissions for 2024 were approximately 9.35 billion kg CO2e. This includes Scope 1 emissions of 502 million kg CO2e, Scope 2 market-based emissions of 393 million kg CO2e, and Scope 3 emissions of approximately 8.45 billion kg CO2e. Key categories within Scope 3 include purchased goods and services (7.06 billion kg CO2e) and upstream transportation and distribution (1.24 billion kg CO2e).
Abbott has set several climate commitments and reduction targets. The company aims to reduce its absolute Scope 1 and 2 GHG emissions by 30% by 2030, using a 2018 baseline. This target aligns with the Science Based Targets initiative (SBTi) and is consistent with reductions required to keep warming to well below 2°C. Additionally, Abbott commits that 82% of its suppliers, by emissions covering purchased goods and services and upstream transportation and distribution, will have science-based targets by 2026. A UK subsidiary, Abbott Laboratories Ltd., has committed to achieving Net Zero emissions by 2050.
2030
30% reduction in Scope 1
Abbott commits to reduce absolute scope 1 and 2 GHG emissions 30% by 2030 from a 2018 base year. * Abbott also commits that 82% of its suppl…
2030
30% reduction in Scope 2
Abbott commits to reduce absolute scope 1 and 2 GHG emissions 30% by 2030 from a 2018 base year. * Abbott also commits that 82% of its suppl…
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Common questions about Abbott’s sustainability data and climate commitments
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