Abbott Laboratories

Cardiovascular Systems, Inc.
Abbott Park, Illinois
Pharmaceuticals Biotechnology and Life Sciences

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Abbott Laboratories is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Abbott Laboratories embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

Abbott Laboratories received a score of 100 on the 2025 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. The company recruits employees based on sexual identity issues. The company discriminates against vendors that do not promote divisive sex and gender policies, indicating it prioritizes sexual issues over merit (1)(2). Abbott allegedly ended its relationship with lobbyist Matt Schlapp, CEO of CPAC, after his criticism of BLM and the destruction of public property (3). The company was a member of the Global Alliance for Responsible Media, which demonetized and suppressed content that it deemed to spread “hate speech” or “misinformation”, discuss “debated social issues in a negative or partisan context”, or “vilif[y]” individuals based on sexual orientation and gender identity. These arbitrary guidelines were used to censor mainstream perspectives online (4)(5)(6).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

Abbott Laboratories HRC 2025 CEI rating indicates the company will not donate to non-religious charities unless they embrace controversial sexual identity policies (1)(2). The company does not discriminate against charitable organizations based on views or beliefs (3)(4).

Criteria

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level
Rationale

Abbott Laboratories HRC 2025 CEI rating indicates the company forces employees to attend multiple, controversial trainings on gender identity, sexual orientation, transgender issues, and divisive racial ideology. The company provides gender transition guidelines for its employees and a specific benefits guide with a comprehensive explanation of transgender services funded by the company (1)(2). The company requires its employees to take unconscious bias training (3). The company does not provide viewpoint protections for its employees (4).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Abbott Laboratories’ HRC 2025 CEI rating indicates the company agrees to allow a controversial stakeholder group focused on sexual identity issues to dictate marketing or advertising strategy. By doing so, the company risks dividing employees, alienating customers and harming shareholders (1)(2). The CEO of Abbott, Robert Ford, is a member of the Business Roundtable and Former CEO Miles White signed its 2019 Statement on the Purpose of a Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders (3)(4). Abbott Laboratories’ scored a 90 out of 100 on the 2023-2024 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group (5)(6).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Abbott Laboratories’ HRC 2025 CEI rating indicates the company covers transgender related costs for its employees and their children, including paid short-term leave, puberty blockers, cross-sex hormones, chest surgeries, genital surgeries, medical visits and lab monitoring, travel and lodging. Additionally, the company has pledged philanthropic support of at least one organization or event that promotes sex and gender ideology. By allowing a political stakeholder group to dictate operations, the company increases health care costs and risks dividing employees, alienating customers and harming shareholders (1)(2). The company was a member of the Global Alliance for Responsible Media (3)(4)(5). The company is a copper sponsor of Out & Equal and a corporate partner of the National LGBT Chamber of Commerce (6)(7). The company has donated to a Planned Parenthood clinic in California (8).

Criteria

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level
Rationale

Abbott Laboratories’ HRC 2025 CEI rating indicates the company publicly advocated for controversial sex and gender ideology through local, state or federal legislation or initiatives. By allowing a political stakeholder group to dictate operations, the company risks dividing employees, alienating customers and harming shareholders (1)(2). The company has not used its PAC donations or lobbying for ideological purposes (3)(4)(5). 

Board Bias

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CEO of Abbott Laboratories

Robert B. Ford

Robert B. Ford

Summary:

Headquartered in Abbott Park, Illinois, Abbott Laboratories is a member of the Fortune 250 operating in the Pharmaceuticals Biotechnology and Life Sciences industry. Robert B. Ford serves as CEO/President and Chairman, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $363,795 to Republican causes and $80,575 to Democratic causes. Under their tenure, Abbott Laboratories currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$363,795

$80,575

Republican

Democrat

China Risk Database

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Number of Facilities: 5

Total Export Dollars: $10,105,762

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Total Estimated Sanctions (3-year Avg.)

$528,587,476

Average Annual Revenue

Global

$36,279,666,667

China Revenue

5.89%

$2,136,333,333

Annual Average of Total Assets

Global

$71,386,333,333

China Assets

5.99%

$4,277,723,590

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
4/28/23GovernanceKenneth SteinerRequest that the Board Chairman be an Independent DirectorAgainst30.50%
4/28/23GovernanceThe Province of Saint Joseph of the Capuchin Order and Proxy ImpactPrepare Annual Report Disclosing Policies, Procedures, and Expenditures.Against23.00%
4/28/23GovernanceThe Shareholder Association for Research & EducationFinancial Performance Metric for Senior Level Executives Include Legal and Compliance CostsAgainst14.40%
4/28/23GovernanceJohn CheveddenLower Ownership Threshold for Calling Special MeetingsAgainst4.30%
4/29/22GovernanceNYC Comptroller's OfficeAdopt Policy on 10b5-1 Trading PlansAgainst48.76%
4/29/22GovernanceJohn CheveddenReduce Ownership Threshold for Shareholders to Call Special MeetingAgainst47.15%
4/29/22SocialUnitarian Universalist Assoc.Report on Lobbying Payments and PolicyAgainst34.52%
4/29/22GovernanceKenneth SteinerRequire Independent Board ChairAgainst27.75%
4/29/22SocialThe Shareholder CommonsReport on Public Health Costs of Antimicrobial ResistanceAgainst11.51%
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