Johnson & Johnson
Johnson & Johnson, founded in 1886, is one of the largest companies in the United States and is a component of the Dow Jones Industrial Average. The company has a prime credit rating of AAA, which is higher than the US government. It has global headquarters in New Brunswick, New Jersey, and its consumer business is based in Skillman, New Jersey. Johnson & Johnson has over 250 subsidiary companies operating in 60 countries and selling products in over 175 countries, generating $93.8 billion in revenue in 2021.
The company produces a variety of familiar products, including Band-Aid Brand bandages, Tylenol, Johnson's Baby products, Neutrogena skin care, Clean & Clear facial wash, and Acuvue contact lenses. Janssen Pharmaceuticals is its pharmaceutical division. Johnson & Johnson's operations are divided into three main business areas: pharmaceuticals, medical technology, and consumer health, contributing 55%, 28%, and 17% of their total 2020 revenues, respectively. In November 2021, the company announced a split into two separate publicly traded companies, one focused on consumer goods and the other on pharmaceuticals and medical technologies.
Johnson & Johnson has set ambitious goals to be more environmentally friendly and ranked third among the largest companies in the United States in Newsweek's "Green Rankings." To achieve this, the company has made changes such as reducing water, waste, and energy usage, as well as improving transparency. Additionally, the company has switched to non-polyvinyl chloride containers for liquids and is collaborating with the Climate Northwest Initiative and the Environmental Protection Agency's National Environmental Performance Track initiative. Johnson & Johnson is also part of the National Green Power Partnership and runs the largest solar power generator in Pennsylvania at its Fort Washington, Pennsylvania facility.
Founded: 1886
Headquarters: New Brunswick, New Jersy
Website: https://www.jnj.com