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Change the World

William Vasquez—Courtesy of Abbott

54

Abbott Laboratories

ABT

U.S.

Abbott’s $7 billion nutrition business depends on a reliable supply of high-quality milk. Working with nonprofit TechnoServe and Indian dairy firm Prabhat, Abbott is teaching Indian farmers, about half of whom are women, how to consistently produce such milk—and get fair prices for it. The program provides best practices in feeding and helps farmers improve their infrastructure. One year and 1,500 students in, farmer income has doubled, the volume of milk has nearly doubled, and its levels of nutrients are much higher.

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Impact Segment

Education/Discovery

Sector

Health Care

Industry

Medical Products & Equipment

CEO

Miles White

Employees

99,000

Company Type

Public

Revenues ($M) (Last Fiscal Year)

$27,390

Profits ($M) (Last Fiscal Year)

$477

Market Value ($M)

$111,794

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