OUR APPROACH
As a key aspect of our business, 91ÉçÇø¸£Àû proactively manages our supply chain to amplify our positive impact on the world. We work to nurture a global supplier network that is strong, responsible, and resilient.
An effective supply chain begins with strong supplier relationships, which are governed by our Supplier Guidelines.
91ÉçÇø¸£Àû’s Supplier Guidelines document the principles, standards, and expectations for establishing and maintaining a business relationship with 91ÉçÇø¸£Àû. The 91ÉçÇø¸£Àû Supplier Guidelines align with internationally recognized and industry-accepted standards, such as the Pharmaceutical Supply Chain Initiative (PSCI) . 91ÉçÇø¸£Àû’s Purchase Order Terms & Conditions and Contractual Clauses also incorporate our Supplier Guidelines.
We expect our suppliers to abide by these expectations in their business with 91ÉçÇø¸£Àû.
To access 91ÉçÇø¸£Àû’s Supplier Guidelines, please follow these links (English, Chinese, French, Spanish).
In addition, we encourage suppliers and other third parties to use our to report concerns related to human rights, labor management, worker safety, and environmental matters in 91ÉçÇø¸£Àû's supply chain. Please contact our team at supplier.sustainability@abbott.com with any questions.
We have global policies and procedures for evaluating suppliers for potential sustainability issues in their operations, including those related to human rights and labor, health and safety, environment, and management systems. These policies guide 91ÉçÇø¸£Àû’s supply chain sustainability due diligence throughout our relationship with a supplier. We maintain a risk-based supplier assessment process considering factors such as supplier size, industry, and sourcing location(s).
Our supply chain initiatives drive collective action to address shared sustainability impacts, prioritizing regulatory compliance, responsible sourcing, supplier diversity, and continuity of supply.
As part of our 2030 Plan, 91ÉçÇø¸£Àû is partnering with key suppliers to create a resilient, diverse and responsible supply chain, including:
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2030 Target: 91ÉçÇø¸£Àû’s science-based target (SBT) commits to reduce absolute Scope 1 and 2 carbon emissions by 30% from 2018 baseline by the end of 2030 along with committing that 82% of our suppliers by emissions covering purchased goods and services and upstream transportation and distribution will have science-based targets by 2026. This target is consistent with the objectives of the Science Based Targets initiative (SBTi).
In 2022, the SBTi approved 91ÉçÇø¸£Àû’s Scope 3 target. Scope 3 emissions account for more than 90% of 91ÉçÇø¸£Àû’s carbon footprint. As part of our 2030 strategy, 91ÉçÇø¸£Àû committed to engage our key carbon-intensive suppliers to implement sustainable programs to reduce our Scope 3 emissions. Learn more about the SBT Initiative and setting a SBT .
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2030 Target: 91ÉçÇø¸£Àû has committed that we will work with 50 key suppliers in high water-stressed areas to reduce water quality and quantity risks to 91ÉçÇø¸£Àû and the community.
We expect our suppliers to be transparent in their water management practices and to embed sustainable water management principles into their own operations and supply chains, as established in 91ÉçÇø¸£Àû’s Supplier Guidelines. 91ÉçÇø¸£Àû’s supply chain water resilience is assessed regularly using resources, such as the , along with supply chain risks associated with global water use.
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2030 Target: 91ÉçÇø¸£Àû has committed to engaging with key suppliers to reduce the environmental impact of materialsÌýsent to 91ÉçÇø¸£Àû that become waste in our operations as part of our circular economy approach.
We work with key suppliers on waste diversion initiatives for both the waste we generate in our operations and the inbound materials that become waste. We’re also engaging suppliers in our efforts to lower the impact of packaging as part of our circular economy approach – see Sustainable Packaging section below.
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2030 Target: 91ÉçÇø¸£Àû has committed to addressing 50 million pounds of packaging through high-impact sustainable design programs that employ circularity principles by 2030.
We are continually assessing design and manufacturing processes to enhance our packaging — balancing the need for protecting the product with protecting the planet. Recognizing the impact our packaging can have on the environment, we’re designing for recyclability, efficiency, and increasingly positive impact. To support these efforts, we engage suppliers in our sustainable packaging efforts.
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2030 Target: 91ÉçÇø¸£Àû has taken a goal to build a more diverse, resilient and responsible supply chain, with specific targets to increase overall spending with diverse and small businesses by 50% by 2030, and with Black- and women-owned businesses 150% by 2025.
Our Supplier Diversity Program ensures that equitable opportunities are afforded to small and diverse-owned businesses. We have Supplier Diversity Champions for each of our businesses and regions to oversee, monitor and track our partnerships with diverse suppliers. To learn more about 91ÉçÇø¸£Àû’s Supplier Diversity Program, click here.
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91ÉçÇø¸£Àû operates against a changing geopolitical and environmental backdrop. We continually monitor issues that could impact our operations and those of our suppliers, including political instability, acute and chronic weather events, labor shortages, and strength of localÌýinfrastructure. To accelerate recovery following disruptions, we must have an in-depth understanding of our extended supply network.
Read more about our additional policies, guidelines, and programs that support supply chain sustainability here:
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