Abbott Named One the 100 Best ESG Companies by Investor's Business Daily
List recognizes companies with leading environmental, social and governance ratings, strong stock performance
Abbott was named one of the 100 Best ESG companies by Investor's Business Daily (IBD), a leading financial news and research organization. The 2021 list recognizes companies with superior environmental, social and governance (ESG) ratings in addition to strong fundamental and technical stock performance. Abbott ranked No. 76 on the list. To view the complete list of IBD’s 100 Best ESG Companies, go to https://www.investors.com/esg-investing/.
Abbott's ESG performance is a reflection of the company's global commitment to sustainable business. Abbott's 2030 Sustainability Plan has a clear focus on innovating for greater access and affordability in health, with the goal of improving the lives of more than 3 billion people each year by decade's end. Abbott also recently released its 2020 Global Sustainability Report, sharing key disclosures and updates on its ESG performance. To learn more about Abbott's approach to sustainability and our 2030 Sustainability Plan, visit abbott.com/sustainability.
Background on IBD’s 100 Best ESG Companies
All of IBD’s Best 100 ESG Companies of 2021 mix profitability with ethical and social responsibility. To come up with this list, IBD first screened Dow Jones’ ESG ratings, which included more than 6,000 companies. The research team looked for the top 15% of the 2,360 companies whose stock price was $10 or higher and are investable in the United States. Then they screened for companies with IBD Composite Ratings of 85 or better, reflecting broad strength in fundamental and technical areas linked to stock price performance. Finally, the team ranked them by Dow Jones’ ESG Ratings. To break the tie at 100 companies, the research team looked at Relative Strength Ratings and Earnings Per Share Ratings, an IBD measure of earnings growth compared with other publicly traded companies. All data from IBD and Dow Jones were as of 8/31/2021.