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Bausch & Lomb

OVERALL

Owned
CAN
Rating
Criticisms

Eye care and pharmaceutical products manufacturer

Bausch & Lomb has three product lines: Vision Care, Surgical, and Pharmaceuticals. Acquired by Valeant for US$8.7b in 2013.

Company Ownership

Bausch & Lomb Inc   USA     website         
  Bausch Health Companies Inc   
   owns 100% of Bausch & Lomb Inc  
CAN     website   email      

Research based pharmaceuticals manufacturer

Founded in 1960. Acquired Biovail in 2010, iNova Pharmaceuticals in 2011 and Bausch & Lomb in 2013. Changed its name from Valeant Pharmaceuticals to Bausch Health in 2018.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Bausch & Lomb Inc
Animals Animal Testing
This company appears on PETA's (People for the Ethical Treatment of Animals, USA) 'Companies That Do Test On Animals' list, signifying that they manufacture products that are tested on animals at some stage of development.
Source: PETA (2020)
Social SB 657 disclosure statement
The California Transparency in Supply Chains Act of 2010 (SB 657) requires companies operating in California to disclose their efforts to eradicate slavery and human trafficking from their direct supply chains. KnowTheChain.org has examined this company's disclosure statement and concluded that it addresses the majority of SB 657 requirements. Follow the link to see this company's disclosure statement.
Source: company website (2013)
Bausch Health Companies Inc
Business Ethics 16/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 16/100 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 CDP Climate Change Score of D-
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 D-.
Source: CDP (2020)
Business Ethics Fined for insider trading
In 2017 this company agreed to pay $US96.25 million to settle an insider-trading suit over their attempt to buy the pharmaceutical firm and Botox maker Allergan in 2014.
Source: news article (2017)
Business Ethics Bausch Foundation
The Bausch Foundation was established in 2017 to improve the lives of patients globally by providing access to safe, effective medicines and by financially supporting health care education and causes around the world. The Foundation supports initiatives aimed at disease prevention, improving patient outcomes and lives, and education related to our core businesses. Additionally, it supports disaster recovery efforts and the underserved in the communities in which we live and work.
Source: company website (2020)
Social Modern Slavery statement
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Source: Modern Slavery Registry (2018)
Business Ethics 58.1% in Newsweek Green Rankings 2016
This company received a score of 58.1/100 in the Newsweek Green Rankings 2016, 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 (2016)

> About the Icons

Company Details

Type Wholly-owned subsidiary
Revenue 1.38 billion USD (2013)
Employees 11,000 (2013)
Subsidiaries Bausch & Lomb Australia Pty Ltd 

Eye care and pharmaceuticals

Contact Details

Address Rochester, New York, USA
Website www.bausch.com

Products / Brands

Bausch & Lomb Australia
Bausch & Lomb Eye & Ear Care
Renu Eye & Ear Care


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