Danaher Corporation

Danaher Corporation is a Humankind 100 company whose ranking is based on its Humankind Value, a proprietary metric that provides an estimate of the overall dollar amount a company creates for investors, consumers, employees, and society at large.

Danaher Corp. is a conglomerate whose companies work to develop diagnostic tools, conduct research, and provide access to food and water. Companies that make up Danaher fall under the Life Sciences, Environmental & Applied Solutions, or Diagnostics categories. Its purpose is to “make things better,” which applies both to business efficiency and to improved health outcomes.

Ticker: DHR

Humankind Value: $217.5 B

Revenue: $22.7 B

Market Cap: $182.6 B

(All values are in US Dollars, where M=Million, B=Billion, T=Trillion.)

Medical device research and development is responsible for substantive gains in quality and length of life. Devices help medical professionals detect more illnesses sooner, and with less invasive procedures. Danaher creates positive Humankind Value primarily because of its contributions to Medical Devices ($106.1 B), Water ($98.1 B), and Medical Services ($7.6 B). Danaher is one of the top ten companies in our analysis regarding Medical Devices and Water. We associate 2,358,620.2 additional life years for people worldwide with the company’s work in Medical Devices and Medical Services. Positive value from Water contains an additional 2,036,295.1 equivalent years of life, that is, years that were not lost to illness or death. Downsides for this company are associated with Greenhouse Gases (-$910.5 M) and Opioid Abuse (-$642.9 M), which are areas in which it could improve. Medical Devices and Water are attached to this company as a result of its direct business activities. Medical Services, Greenhouse Gases, and Opioid Abuse are largely consequences of the actions of supply chain partners.

How the Humankind Value Methodology Drives the Rankings

We take a quantitative, data-driven approach to estimating the economic impact that companies have on investors, customers, employees, and society at large, rolling social responsibility into a single dollar value that we use to represent what a company is contributing to humanity. As far as we can tell, we're the first ones doing it this way.

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How Methodology Drives the Rankings