Public Profile

Abbott

Abbott Laboratories, commonly known as Abbott, is a leading global healthcare company headquartered in the United States. Founded in 1888, Abbott has established a strong presence in various operational regions, including North America, Europe, and Asia. The company operates primarily in the medical devices, diagnostics, nutrition, and pharmaceuticals sectors. Abbott is renowned for its innovative products, such as the FreeStyle Libre glucose monitoring system and Similac infant formula, which set industry standards for quality and effectiveness. With a commitment to advancing health and well-being, Abbott has achieved significant milestones, including the rapid development of COVID-19 testing solutions. As a market leader, Abbott consistently ranks among the top healthcare companies worldwide, recognised for its dedication to research and development, and its ability to deliver cutting-edge solutions that improve patient outcomes.

DitchCarbon Score

How does Abbott's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

52

Industry Average

Mean score of companies in the Medical Device Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

22

Industry Benchmark

Abbott's score of 52 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Abbott's reported carbon emissions

In 2022, Abbott Laboratories reported significant carbon emissions, with Scope 1 emissions totalling approximately 53,000,000 kg CO2e and Scope 2 emissions reaching about 40,700,000 kg CO2e. The company has set ambitious climate commitments, aiming for a 30% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2018 as the baseline year. Additionally, Abbott is committed to ensuring that 82% of its suppliers, based on emissions from purchased goods and services and upstream transportation, will have science-based targets by 2026. Abbott has also pledged to achieve net-zero emissions by 2050, encompassing all scopes of emissions. This long-term commitment reflects the company's dedication to sustainability and reducing its environmental impact across its global operations. The targets align with industry standards for climate action, demonstrating Abbott's proactive approach to addressing climate change and its associated risks.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201020132014201520162017201820192020202120222023
Scope 1
620,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
648,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
-
-
-
-
-
-
-
00,000,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Abbott's primary industry is Medical, precision and optical instruments, watches and clocks (33), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Abbott is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Abbott is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers