Organization
Abbott Laboratories was rated High Risk because it has adopted governance practices and philanthropic initiatives that emphasize identity-based preferences over merit, according to the profile. The company's rating criteria, including cancellations, discriminatory philanthropy, employment protection, and corporate weaponization, were all flagged as high risk, reflecting a pattern of prioritizing political and social activism over neutral business practices.
Abbott Laboratories is an American multinational medical devices and health care company with headquarters in Abbott Park, Illinois, United States. The company was founded by Chicago physician Wallace Calvin Abbott in 1888 to formulate known drugs; today, it sells medical devices, diagnostics, branded generic medicines and nutritional products. It split off its research-based pharmaceuticals business into AbbVie in 2013.
