Danaher Corporation is a diversified multinational company providing professional, medical, industrial, and commercial products and services. It is especially involved in the design, manufacturing, and commercialization of medical and laboratory instruments for medical diagnosis, as well as specialized equipment, consumables, and software for the biopharmaceutical, packaging, food and beverage, aerospace, microelectronics, water utilities, and general industrial sectors. Danaher is a leading global life sciences and diagnostics innovator, committed to accelerating the power of science and technology to improve human health. We partner with customers across the globe to help them solve their most complex challenges, architecting solutions that bring the power of science to life. Our global teams are pioneering what’s next across Life Sciences, Diagnostics, Biotechnology and beyond.
Danaher
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4.42
Overall Excellence Rating
Industry
Pharmaceuticals & BiotechnologyCategory
Medical Equipment ManufacturingESG/Ethical Impact
By 2024, we pledge a 15% reduction in energy use, a 15% reduction in Scope 1 and 2 greenhouse gas emissions (both normalized to annual revenue) and a 15% decrease in the percentage of non-hazardous/non-regulated waste sent to landfills or incinerators, in each case compared to 2019 levels. Danaher emphasizes environmental sustainability and corporate social responsibility as part of its business practices. Danaher’s health and wellness benefits support our associates’ wellbeing and respond to their needs. Each associate can select from a range of physical fitness, emotional resilience and financial stability programs according to his or her individual goals. In 2020, we expanded our employee assistance program (EAP) to support our associates globally. We are immensely proud of our operating companies’ responses to the challenges brought on by the pandemic—especially their efforts to provide our customers with uninterrupted service throughout 2020. Our businesses serve critical roles, and most were deemed essential even at the height of stay- at-home orders. Our manufacturing teams and field workers were quick to adapt to the new business environment and emphasized safety first to ensure our customers were able to deliver on their commitments as well. As part of its ongoing commitment to good corporate governance, our Board of Directors has codified its corporate governance practices into a set of Corporate Governance Guidelines and has also adopted written charters for each of the Audit Committee, the Compensation Committee and the Nominating and Governance Committee of the Board. Danaher has also adopted a code of business conduct and ethics for directors, officers (including our principal executive officer, principal financial officer and principal accounting officer) and employees, known as the Standards of Conduct. Board Leadership Structure. The Board has separated the positions of Chairman and CEO because it believes that, at this time, this structure best enables the Board to ensure that Danaher’s business and affairs are managed effectively and in the best interests of shareholders. This is particularly the case in light of the fact that the Company’s Chairman is Steven Rales, a co-founder of the Company who owns approximately 6. 3 percent of the Company’s outstanding shares, served as CEO of the company from 1984 to 1990 and continues to serve as an executive officer of the company. As a result of his substantial ownership stake in the Company, the Board believes that Mr. Rales is uniquely able to understand, articulate and advocate for the rights and interests of the Company’s shareholders. Danaher operates across multiple industries, including life sciences, diagnostics, dental, and environmental solutions. This diversification helps the company manage risks and reduce dependence on any single sector. Danaher is a significant player in life sciences research and diagnostic tools.
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Awards Received
2023
Revenues
29566000000
Website Traffic
Employee Rating
3.9
Customer Rating
3.9
Company Size
10000+
ESG Risk Rating
4