Better Health for All

Danaher's core business is dedicated to improving human health, with 100% of FDA-approved cell and gene therapy drug manufacturers relying on its genomic medicines companies

and its biotechnology businesses supporting over 90% of the global production volume of approved monoclonal antibodies. Its diagnostic instruments perform over 1 million tests per hour , enabling more than 1.5 million cancer diagnoses weekly. The company provides its Xpert® MTB/RIF Ultra diagnostic test cartridges at-cost to the Global Fund and less-developed countries , and reduced the price of tuberculosis care. It brings rapid molecular testing to communities in low- and middle-income countries , and six out of ten countries with the highest burdens of HIV/AIDS standardize their testing on Danaher's AQUIOS CL. Danaher invested $1.5 billion in R&D in 2023 , representing approximately 6.28% of its revenue, for health innovation. The company is committed to public disclosure of clinical trial results , adhering to international ethical standards , utilizing external review boards , and publicly registering trials with detailed disclosures. It also has strong data protection for personal and health information. Danaher achieved a 20.3% reduction in Scope 1 and 2 greenhouse gas emissions in 2023 compared to 2021 and partners with the global community to end tuberculosis by 2030. However, its community investment, which includes advancing healthcare innovation, was nearly $12 million in 2023 , representing approximately 0.05% of its $23.9 billion revenue.

Fair Money & Economic Opportunity

The provided articles focus on Danaher Corporation's internal diversity, equity, and inclusion (DEI) initiatives, including workforce demographics and pay equity efforts. The company's core business, as described, involves science and technology innovation, manufacturing, and marketing of professional, medical, industrial, and commercial products and services. As of 2023, women constitute 38% of the workforce with a goal to reach 40% by 2025.

People of color make up 41% of the U.S. workforce, surpassing the 2025 goal of 38%. Danaher is also committed to pay equity, achieving and maintaining this since 2020 in the U.S. The articles do not contain any information related to financial products, lending, customer financial data, or economic opportunity for underserved populations, which are the specific focus of the 'Fair Money & Economic Opportunity' value. Therefore, no KPIs under this value can be assessed based on the given evidence.

Fair Pay & Worker Respect

Danaher maintained total direct compensation pay equity for women globally and for racial and ethnic minorities in the U.S. in 2023.

This follows similar achievements in 2022, where the company maintained pay equity across gender and racial/ethnic groups in the U.S. and achieved base pay equity for women globally. The company also increased female representation in its global workforce to 40% in 2023, up from 38% in 2022. U.S. People of Color representation increased to 42% in 2023, from 41% in 2022. More than two-thirds of U.S. new hires in 2023 were women and/or People of Color, building on over 70% in 2022. Danaher emphasizes associate safety through its Environment, Health and Safety (EHS) Policy and the Danaher Business System (DBS) tools, focusing on ergonomics, energetics, exposures, and environment.

Fair Trade & Ethical Sourcing

Danaher Corporation is committed to ethical sourcing, requiring suppliers to source from 'conflict-free' smelters and adhering to OECD Due Diligence Guidance for conflict minerals.

Due diligence efforts for conflict minerals cover approximately 80% of direct material supplier spend, engaging over 450 suppliers. The company's Code of Conduct expects all associates and suppliers to comply with human rights laws, including those related to human trafficking and slavery. By the end of 2022, Danaher evaluated and rated the sustainability practices of suppliers representing over 50% of its annual supplier spend, with a target to increase this coverage to 80% by the end of 2023.

Honest & Fair Business

For independent verification of ethical claims, over 50% of Danaher's annual supplier spend was assessed by EcoVadis in 2022.

The company maintains a comprehensive anti-corruption policy that prohibits improper payments and bribes globally , explicitly forbids facilitation payments , and requires annual training for salaried associates . Danaher conducts biannual Anti-Bribery and Corruption Risk Assessments and requires due diligence and training for third-party sales partners , operating an auditable compliance program with risk-based training .

Kind to Animals

Danaher Corporation's 2024

and 2023 Sustainability Reports highlight a commitment to sustainability, innovation, and ethical practices but do not provide specific information on animal welfare initiatives or non-animal testing methods. While a 2024 market report identifies Danaher as involved in non-animal alternative testing and developing technologies to minimize animal testing reliance , it explicitly states that quantitative metrics for this involvement were not disclosed . Similarly, Danaher, through its subsidiary Molecular Devices, is advancing non-animal testing methods like organoids to reduce reliance on animal testing , and approximately 75% of their customers are interested in related imaging systems . However, the articles do not provide specific data points on the extent to which Danaher itself employs these methods for its own product safety and efficacy, the percentage of products certified cruelty-free, or the percentage of R&D budget invested in animal-free technologies.

No War, No Weapons

Danaher Corporation's core operations are fundamentally aligned with advancing healthcare and scientific research, focusing on biotechnology, life sciences, and diagnostics, rather than military purposes.

This indicates no direct involvement in arms or defense contracts, no development or sale of dual-use technologies for military applications, and no exposure to controversial weapons. Consequently, the company has no defense assets to divest, nor does it have a defense business requiring board oversight or dual-use screening.

Planet-Friendly Business

Danaher committed to setting science-based greenhouse gas emission reduction targets in line with the SBTi, including a net-zero value chain emissions target by no later than 2050.

This commitment includes an interim goal to reduce absolute Scope 1 and 2 GHG emissions by 50.4% by 2032 compared to 2021. In 2024, 63% of the electricity consumed by sites in-scope for GHG data collection was sourced from renewable sources. The company's total water use intensity in 2024 was 244.7 cubic meters per million USD revenue. Danaher deployed an annual, enterprise-wide climate risk and opportunity assessment based on TCFD recommendations in 2024. Additionally, in 2024, the company assessed the sustainability practices of suppliers representing 76% of its annual supplier spend through a partnership with EcoVadis.

Respect for Cultures & Communities

The provided articles detail Danaher's commitment to diversity, equity, and inclusion within its workforce, achieving 38% female representation globally

and 41% U.S. People of Color representation by 2022/2023. The company also engages in partnerships with organizations like the Boys & Girls Clubs of America for STEM education and supports global health initiatives such as the Human Immunome Project. However, the articles do not provide specific, quantifiable evidence for any of the defined KPIs related to 'Respect for Cultures & Communities', such as formal partnerships with indigenous or local community groups, percentage of revenue reinvested in local community development, details on cultural appropriation incidents, or the existence of cultural impact assessment protocols. Information regarding local employment ratios, grievance mechanisms for community concerns, cultural preservation investments, or indigenous supplier engagement is also not available.

Safe & Smart Tech

In 2022, a breach at vendor Aon PLC exposed sensitive data, including Social Security numbers, of over 8,500 individuals associated with Danaher.

The breach notice began in June 2022, with an emphasis on transparency. Danaher provides AI ethics training to employees and builds governance frameworks to ensure transparency and accountability for AI deployment. The company has no documented incidents of unauthorized data use. Danaher states it complies with data privacy and security laws, including GDPR and HIPAA, and its Code of Conduct emphasizes adherence to applicable data privacy laws and policies.

Zero Waste & Sustainable Products

Danaher's subsidiary, Cytiva, launched a recyclable and 90% renewable packaging solution in April 2023

, which is projected to eliminate approximately 60,000 polystyrene boxes annually by the end of 2024 . Additionally, Beckman Coulter Life Sciences, another subsidiary, has partnered to expand closed-loop recycling solutions and develop low-carbon lab consumables made from recycled materials .