Abbott
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.
-9 vs industry average
Abbott’s score of 54 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electromedical and Electrotherapeutic Apparatus Manufacturing has below-average carbon intensity
Industry performance
The Electromedical and Electrotherapeutic Apparatus Manufacturing industry has increased its overall emissions by 5% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Abbott's reported carbon emissions
Abbott's Electromedical and Electrotherapeutic Apparatus Manufacturing operations reported approximately 973 million kg CO2e of Scope 1 and 2 emissions in 2024, with Scope 1 emissions totalling about 502 million kg CO2e and Scope 2 market-based emissions at approximately 393 million kg CO2e. Scope 3 emissions for 2024 were substantial, with purchased goods and services accounting for roughly 7.06 billion kg CO2e and upstream transportation and distribution contributing about 1.24 billion kg CO2e.
In 2023, Abbott reported Scope 1 emissions of approximately 504 million kg CO2e and Scope 2 market-based emissions of about 400 million kg CO2e.
Abbott is committed to reducing absolute Scope 1 and 2 greenhouse gas emissions by 30% by 2030, using 2018 as a baseline. This target aligns with the Science Based Targets initiative's (SBTi) objective of keeping global warming well below two degrees Celsius. Additionally, Abbott aims to achieve near-zero Scope 1 and 2 emissions by 2025. The company has also committed to a Net Zero emissions goal by 2050 for its UK subsidiary, Abbott Laboratories Ltd. A further commitment includes ensuring that 82% of its suppliers, covering purchased goods and services and upstream transportation and distribution, will have science-based targets by 2026.
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Abbott’s Climate Goals (2030 & 2050)
6 goals2030
50% reduction in all scopes
We recently shared our 10-year 2020 environmental goal results, including reducing carbon emissions by 50%, water usage by 33% and waste by…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Abbott’s sustainability data and climate commitments
Data year: 2024
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