Corporate Social Responsibility (CSR) and Sustainability metrics site CSRHub recently updated its ratings on AbbottLaboratories and the 230 companies in the Pharmaceutical & MedicineManufacturing industry. Abbott’s current overall rating is59 after the most recent updates to their CSRHub page.
The average rating for the other companies in the Pharmaceutical & MedicineManufacturing industry shifted up one point to 53. This allowed Abbott to maintain their position of34th place on the list, using the CSRHub average user profile. Also see information about Abbotthere.
Abbott has a particularly strong score in the Environment area of 66. This is due to a high score in Policy & Reporting of 66—well above the average for this industry of 54. The area with the greatest opportunity for improvement for Abbott is in Governance Transparency & Reporting. Here, Abbott gets a 52—which is still above the average for its industry of 49.
Some highlights of the progress that Abbott made in the past include:
ð Being recognized for Leading Citizenship Performance by Dow Jones Sustainability indexes.
ð Abbott Fund Donating $1 Million in Funding and Products to Support Hurricane Sandy Relief Efforts.
See Abbott’s Corporate Social Responsibility website here.
CSRHub provides access to corporate social responsibility and sustainability ratings and information on 8,400 companies from 135 industries in 104 countries. By aggregating and normalizing the information from 257 data sources, CSRHub has created a broad, consistent rating system and a searchable database that links millions of rating elements back to their source. Managers, researchers and activists use CSRHub to benchmark company performance, learn how stakeholders evaluate company CSR practices and seek ways to change the world.