Abbott Laboratories

Country
United States
Sector
Healthcare
Industry
Medical Devices
Employees
114,000
Ticker
ABT
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Abbott Laboratories, a globally renowned company, specializes in the development and production of healthcare and medical products. Founded in 1888 and headquartered in Abbott Park, Illinois, Abbott i...

Abbott Laboratories Waste Data Preview

In 2023, Abbott Laboratories conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Abbott Laboratories's Waste Treatment Practices

In 2023, Abbott Laboratories generated a total of 70,160 metric tonnes of waste.

Of this amount, 45.89% of Abbott Laboratories's total waste generated was recovered through methods such as recycling, reuse, or composting, while 54.56% was disposed of through landfilling, incineration, or combustion.

Abbott Laboratories's Waste Recovery Rate

46%

How much of Abbott Laboratories's waste is recycled or recovered?

In 2023, Abbott Laboratories reported a total waste generation of 70,160 metric tonnes, of which 45.89% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Abbott Laboratories is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.

Has Abbott Laboratories reduced its environmental waste footprint over time?

Since 2021, Abbott Laboratories's total waste generation remained relatively flat, but increased by 5.72% in 2023 , potentially signaling a short-term operational expansion or reduced focus on waste prevention.

Over the same period, Abbott Laboratories's waste recovery rate declined by 8.46%, with a further 8.79% drop in 2023, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.

Overall, Abbott Laboratories’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.

Abbott Laboratories’s Waste Recovery vs. Disposal Over Time

202120222023020 k40 k60 k80 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Abbott Laboratories’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Abbott Laboratories generated a total of 70,160 metric tonnes of waste.

Of this amount, 15.81% of Abbott Laboratories's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 84.19% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

Abbott Laboratories’s Hazardous vs Non-Hazardous Waste Over Time

202120222023020 k40 k60 k80 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Abbott Laboratories reduced the environmental impact of its waste?

Since 2021, Abbott Laboratories's total waste generation remained relatively stable, but increased by 5.72% in 2023 , potentially indicating a short-term uptick in output or weakened controls over material efficiency.

Over the same period, the share of hazardous waste in Abbott Laboratories's total output increased by 41.29%, including a further 28.57% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks.

Overall, Abbott Laboratories's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.

How does Abbott Laboratories treat its hazardous waste?

In 2023, Abbott Laboratories reported that 11,093 metric tonnes of its total waste output were classified as hazardous. This represents 15.81% of its overall waste generation.

The company treated this hazardous waste using a combination of methods. Approximately 30.74% was managed through recovery methods, indicating a moderate integration of circular practices into its hazardous waste management. However, a significant share was still directed toward disposal, highlighting room for improvement in reducing the long-term impact of hazardous materials.

Breakdown of Abbott Laboratories's Hazardous and Non-Hazardous Waste by Treatment Method

Hazardous WasteDisposed(11.0%)Hazardous WasteRecovered(4.9%)Non-Hazardous WasteDisposed(43.3%)Non-Hazardous WasteRecovered(40.9%)
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