Sub-theme: Research and diagnostics
Thermo Fisher Scientific is one of the largest suppliers of analytical instrument, equipment, consumables and software for healthcare and environmental research, analysis, discovery and diagnostics. The company offers a very wide range of products and services including the equipment needed to analyse samples as well as the variety of containers and other consumables needed to handle them.
Impact Score: 35%
Thermo Fisher’s products are essential in enabling healthcare customers to develop and manufacture healthcare therapies, to analyse environmental quality and to diagnose disease.
Fundamental Quality: 68%
Thermo Fisher has established an extremely strong competitive position in a market that is dominated by 3-4 large players. The management team has an excellent track-record of strong operational performance and effective capital deployment. ESG disclosure however is moderate.
(per £1m invested in this company FY23)
- Generation of plastics waste from single-use products and packaging
- Use of large amounts of water and chemicals in sterilisation
- Genetic sequencing technology can be used in ways that infringe human rights
- Electronic waste at end of life