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Teva

OVERALL

Owned
ISR
Rating
Criticisms

Pharmaceuticals

Established in Jerusalem in 1901, today they are the world's largest producer of generic pharmaceuticals. Acquired Actavis Generics from Allergan in 2016 for US$40.5 billion.

Teva Pharmaceutical Industries Ltd   ISR     website      facebook   

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Teva Pharmaceutical Industries Ltd
Environment CDP Climate Change Score of A-
In 2020, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of A-.
Source: CDP (2020)
Business Ethics 34.2% in Newsweek Green Ranking 2017
This company received a score of 34.2/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
Source: Newsweek (2017)
Business Ethics Fined for bribery
In 2016 this company agreed to pay more than $519 million to settle US criminal and civil allegations that the company bribed officials in Mexico, Russia and Ukraine to gain business for its medications.
Source: news article (2016)
Business Ethics Fined US$135m for fraud in USA
In 2019 several pharmaceutical companies finally settled a 2005 lawsuit which claimed the companies fudged wholesale drug prices to increase Medicaid reimbursements. In all, the state of Illinois received a combined $648 million over the course of that litigation. This company paid US$135 million to wrap up the allegations in 2019.
Source: news article (2019)
Business Ethics 36/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 36/100 in the Pharmaceuticals category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 7 Feb 2021). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2021)
Environment Pollution in China
A 2015 report by Sum Of Us reveals that the largest pharmaceutical corporations are complicit in fuelling one of the most serious public health crises facing society today. Pharmaceutical companies, including this one, are sourcing active pharmaceutical ingredients (APIs) from companies in China which are responsible for massive environmental pollution from its antibiotic factories. Teva has links with at least three of the Chinese companies identified in the report, all of which have been in the Chinese media spotlight for various offences including improper waste management and the release of noxious chemicals.
Source: Changing Markets (2015)
Business Ethics Fined in antitrust case
In 2015 this company agreed to pay US$1.2 billion to settle charges that one of its subsidiaries illegally blocked the launch of low-cost generic versions of the blockbuster sleeping pill Provigil. The settlement stems from charges brought in 2008 against Cephalon Inc, which was acquired by Teva in 2012.
Source: news article (2015)
Business Ethics Responsibility claims
This company has Responsibility claims on its website.
Source: company website (2018)
Social CDP Water Security Score of C
In 2020, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security Score of C.
Source: CDP (2020)

> About the Icons

Company Details

Type Public company
Revenue 22 billion USD (2017)
Employees 51,792 (2017)
Subsidiaries Teva Pharma Australia Pty Ltd 

Pharmaceuticals

Teva established its Australian branch in 2014.

Contact Details

Address Petah Tikva, Israel
Website www.tevapharm.com

Products / Brands

Teva Australia
Infacol Baby Toiletries
Sudocrem Baby Toiletries


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