Stakeholder Engagement

Stakeholders play an important role in Baxter's continued success, and the company strives to take into account their varied perspectives. Baxter engages with stakeholders worldwide to share information, better understand their views on the company’s priorities, programs and performance, and determine opportunities to collaborate and to reach common goals.

Much of the company’s stakeholder engagement focuses on key aspects of Baxter’s business and products. For example, Baxter:

  • Assembles "advisory boards" of patients, clinicians, health practitioners and researchers to gather feedback related to the company's operations and products;
  • Has a patient advisory council in Illinois, United States, that provides input from home dialysis patients to help Baxter improve products and services for people with end-stage renal disease;
  • Uses a pharmacy customer advisory board in the United States to identify market trends and their implications for Baxter and its customers;
  • Assembles clinical advisory boards of preeminent physicians from around the world to guide the company's clinical product development programs; and
  • Convenes academic leaders and researchers to serve as advisors or consultants on specific sustainability and scientific issues, such as animal welfare.

Baxter also has relationships with numerous organizations that focus on various aspects of sustainability. See the Affiliations and Memberships and Environment, Health and Safety pages for further details.

For example, Ceres is a national network of investors, environmental groups and other public interest organizations working with companies to address sustainability challenges such as global climate change. Baxter has been a member of the Ceres network of companies since 1997, and has committed to work with Ceres on its sustainability performance and disclosure. The Ceres stakeholder team designated to work with Baxter is an independent group of individuals drawn primarily from the Ceres coalition and represents a range of constituencies that have expertise in environmental, social and governance issues.

Feedback on Sustainability Report

Baxter views its sustainability report as a means to engage with stakeholders and seek feedback on the company’s sustainability initiatives. Ceres and its coalition members provided Baxter input on a detailed outline of its 2010 progress updates for each of the company’s nine sustainability priorities during the content development process. Baxter welcomed the opportunity to hear and consider input on report content while still in a position to implement it. In addition, Baxter engaged several outside experts to provide input on the company’s 2009 sustainability report. See examples of feedback provided, and how it was reflected in the 2010 report.

Baxter Sustainability Report Survey

Baxter also welcomes feedback on its sustainability report from all stakeholders. Readers can provide their input through the company’s sustainability report survey. In 2010, Baxter considered input from about 50 survey respondents in creating this report.

Baxter Stakeholder Groups

Examples of Baxter's stakeholder engagement are referenced in the following table and throughout this report.

Baxter Stakeholder Groups
Group: Communities
Description Channels of Engagement Example
Baxter conducts business in more than 100 countries and operates manufacturing facilities in 27 countries.
Group: Customers
Description Channels of Engagement Example
Includes healthcare professionals, hospitals/clinics, kidney dialysis centers, medical research centers, nursing homes and rehabilitation centers.
  • Ongoing customer product training and continuing education programs
  • Participation in professional organizations
  • Customer service and clinical helplines
  • Customer publications and presentations
  • Customer satisfaction surveys
  • Baxter attendance at conferences, such as AACN, ASHP, and CleanMed
  • UK Green Nephrology Group
  • Hospital Plastics Recycling Council
  • Baxter forms various advisory groups to provide feedback on the company’s products and operations.
Group: Employees
Description Channels of Engagement Example
48,000  employees worldwide
Group: Government, Regulatory, Health Authorities
Description Channels of Engagement Example
Examples include City of Chicago, Committee for Proprietary Medicinal Products, European Medicines Valuation Agency, European Commission, European Parliament, ministries of health and environment, health and safety agencies worldwide, State of Illinois, U.S. Center for Medicare/Medicaid, U.S. Department of Agriculture, U.S. Department of Defense, U.S. Department of Health and Human Services, U.S. Department of Labor, U.S. Drug Enforcement Agency, U.S. Environmental Protection Agency and U.S. Food and Drug Administration.
Group: Industry Organizations
Description Channels of Engagement Example
Includes AdvaMed, BIOTECanada, Biotechnology Industry Organization, Eucomed, EuropaBio, European Federation of Pharmaceutical Industries and Associations, European Organization for Packaging and the Environment (EUROPEN), European Vaccines Manufacturers,  Institute for Supply Management, MEDEC, Plasma Protein Therapeutics Association and numerous physician organizations.
Group: Investors
Description Channels of Engagement Example
Nearly 85% of Baxter’s shares are held by institutional investors.
Group: Non-Governmental and Other Organizations
Description Channels of Engagement Example
Examples include AmeriCares, Boston College Center for Corporate Citizenship, Campaign for Greener Healthcare UK, Ceres, Chicago Climate Exchange, Climate Leaders, Compliance and Ethical Leadership Council, The Conference Board, The Conference Board Contributions Council II, Corporate Executive Board, Corporate Voices for Working Families, Council on Foundations, Direct Relief International, Ethics & Compliance Officer Association, Global Reporting Initiative, Grantmakers in Health, Partnership for Quality Medical Donations, Pew Center on Global Climate Change, Society of Corporate Compliance and Ethics, and World Health Organization.
  • Baxter contributes to various white papers and reports issued by non-governmental organizations.
Group: Patients and Patient-Advocacy Groups
Description Channels of Engagement Example
Patients worldwide with cancer, hemophilia, immune disorders, infectious diseases, kidney disease, trauma and other conditions, as well as patient-advocacy groups.
Group: Suppliers
Description Channels of Engagement Example
Baxter works with a broad network of suppliers to provide product inputs and goods and services not used in products.
Group: Universities/Academia
Description Channels of Engagement Example
The Center for Corporate Citizenship at Boston College, Cornell University Johnson School of Management, Cranfield University UK, Illinois Institute of Technology, Northwestern University, University of Wisconsin
  • Forums on sustainability and climate change
  • Information sharing about sustainability with administration, faculty and students
  • Select projects and student research
  • Baxter opened “Baxter Scientia Japan at Nagoya University” to advance care and treatment of ESRD patients