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Corporate Social Responsibility
News
8.26.2003 ET
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Abbott Laboratories Highlights Social Responsibility Efforts In Global Citizenship Report
(CSRwire) ABBOTT PARK, IL – Abbott Laboratories today
issued its second annual global citizenship report, "Working
Together…Making A Difference." As a global corporation, Abbott
believes it has the opportunity and responsibility to make a positive
impact on society in a number of ways by implementing diversity and
inclusiveness, improving environmental, health and safety performance,
through expanding the company's ethics and compliance programming, and
through humanitarian programs to fight HIV/AIDS in the developing world.
Increasingly, corporate social responsibility has become a core business
issue for the world's leading companies.
"Global citizenship is about the way we run our business, engage our
stakeholders, implement policies, apply our social investment and
philanthropy, and exercise our influence to bring about positive change to
help make contributions to society. It is also about doing our part to
assist in addressing some of the world's urgent needs." said Miles D.
White, chairman and chief executive officer, Abbott Laboratories. "For
Abbott, our relationships with stakeholders are fundamental to our
success."
Highlights from the 2002 Global Citizenship report include:
- Being the first health care company to launch a product bar coding
initiative to improve patient safety in hospitals.
- Providing Abbott's new rheumatoid arthritis drug, HUMIRA™ at no
cost to Medicare-eligible seniors without prescription drug coverage.
- Investing nearly $20 million in four Global Care Initiatives to fight
HIV/AIDS in the developing world: Step Forward…for the World's
Children, Access to HIV Care, Prevention of Mother-To-Child Transmission
of HIV/AIDS, and Tanzania Care.
- Launching new employee network groups for African-Americans,
Hispanics/Latinos, Chinese and others in addition to the established
Women's Leadership Initiative (WLI). Abbott has increased the number of
women in management by 68 percent over the past five years. Abbott has
also increased the number of minorities in management by 78 percent in the
past five years.
- Training more than 11,000 employees in an interactive Web-based
training program on ethics and compliance in the United States and Puerto
Rico.
An interactive version of the global citizenship report is
available on the company's Internet site at www.abbott.com/citizenship.
This feature is a supplement to a newly designed section of the Internet
site that highlights Abbott's citizenship efforts.
Abbott Laboratories is a global, broad-based health care company devoted
to the discovery, development, manufacture and marketing of
pharmaceuticals, nutritionals, and medical products, including devices and
diagnostics. The company employs more than 70,000 people and markets its
products in more than 130 countries.
Abbott's news releases and other information are available on the
company's Web site at www.abbott.com.
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