Fresenius SE & Co. KGaA — Ethics Grade C
Fresenius SE & Co. KGaA receives an overall ethics grade of C (48/100) on CancelCo's corporate accountability database. Sector: Healthcare. Market cap: Large Cap.
Category scores
- labor: 45
- privacy: 70
- consumer: 40
- environment: 55
- humanRights: 60
Documented incidents (3)
- Global Bribery Settlement (high, 2019) — Fresenius Medical Care paid $231 million to resolve U.S. charges that it paid bribes to government officials and doctors in multiple countries to obtain business.
- Patient Care Safety Warnings (medium, 2021) — U.S. regulators issued warnings regarding manufacturing defects in dialysis machines that could potentially lead to toxic chemical exposure for patients.
- Helios Nursing Shortage Strikes (medium, 2023) — Medical staff at Helios clinics held strikes protesting chronic understaffing and wage stagnation, arguing patient safety was at risk.
Documented good deeds
- Water Stewardship Initiative — Implemented closed-loop water systems in 40% of production sites to reduce freshwater consumption.
Ethical alternatives
- Baxter International — Higher transparency in clinical trials and fewer corruption-related legal issues.