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Abbott Laboratories Highlights Social Responsibility Efforts in Global Citizenship Report

Submitted by: Abbott

Categories: Community Development

Posted: May 04, 2004 – 12:00 AM EST

CSRwire note: The Abbott report is available in the CSRwire Report database.

ABBOTT PARK, Il. - Abbott Laboratories issued its third annual global citizenship report, "Touching Lives." The report highlights Abbott's work to develop sustainable business solutions to address three major issues facing the global community: access to medicines, innovation and science, and diversity and inclusiveness.

"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."

The report illustrates how Abbott is integrating citizenship and engagement with diverse stakeholders into many aspects of its core business practices, from supplier standards and product quality systems, to policy advocacy and water usage management.

The report also provides new information on:

Abbott's public policy initiatives, product access and philanthropic programs to help patients in greatest need in the United States and worldwide, including groundbreaking results from the company's Step Forward program in Romania.

Progress on building an inclusive culture in the workplace, including the formation of new employee network groups that are instrumental in promoting job satisfaction and employee engagement throughout the company.

Abbott's new Supplier Code of Conduct and updated Code of Business Conduct. These codes reflect the company's core values and the key areas of compliance requirements that are relevant to its businesses.

A unique partnership among Abbott's environmental experts and local officials in Tanzania to help improve waste handling practices in the health care sector of the country.

For more information on these programs and an interactive version of the report, visit www.abbott.com/citizenship.

Abbott Laboratories is a global, broad-based health care company devoted to the discovery, development, manufacture, and marketing of pharmaceuticals and medical products, including nutritionals, devices and diagnostics. The company employs more than 55,000 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.

For more information, please contact:

Julie Ferguson Abbott Laboratories

Phone: +1-(847) 936-6116

For more from this organization:

Abbott

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Abbott Laboratories Highlights Social Responsibility Efforts in Global Citizenship Report