Abbott’s $7 billion nutrition business depends on a reliable supply of high-quality milk. Working with nonprofit TechnoServe and Indian dairy firm Prabhat, Abbott is teaching Indian farmers, about half of whom are women, how to consistently produce such milk—and get fair prices for it. The program provides best practices in feeding and helps farmers improve their infrastructure. One year and 1,500 students in, farmer income has doubled, the volume of milk has nearly doubled, and its levels of nutrients are much higher.
Company Information
Impact Segment | Education/Discovery |
Sector | Health Care |
Industry | Medical Products & Equipment |
CEO | Miles White |
Website | http://www.abbott.com |
Employees | 99,000 |
Company Type | Public |
Revenues ($M) (Last Fiscal Year) | $27,390 |
Profits ($M) (Last Fiscal Year) | $477 |
Market Value ($M) | $111,794 |