Setting Ambitious Global Sustainability Goals and Targets

Challenge

Abbott Laboratories, a $20bn global health care company based outside Chicago, sought support from Corporate Citizenship to develop and embed sustainability across their organisation. From the early days of philanthropy to their industry leading performance today, Abbott has always been committed to ensuring sustainability is embedded across the business, but needed support in turning those efforts into commitments.

Solution

Corporate Citizenship started working with Abbott in 2007 and has since worked in close partnership with their sustainability team, partnering with them to complete a robust materiality assessment that led to the development of their ambitious 2030 Sustainability Plan, driven by senior management and embedded across businesses and functions. Abbott have also worked with Corporate Citizenship to deliver their Global Sustainability Report, enhance performance on priority investor-facing ESG ratings and deliver ongoing strategic advice on a range of issues.

Impact

Abbott launched their 2030 Sustainability Plan in 2020 and has embedded governance and management of the Plan across the business, with ongoing engagement from innovation through delivery of products and services. For the past 8 years, Abbott has been industry leader in the prestigious Dow Jones Sustainability Index (DJSI), now S&P Global’s Corporate Sustainability Assessment.