Henry Schein Inc.
HSIC.US | Wholesale of other household goods
Henry Schein, Inc. is a global distributor of health care products and services. The company operates through two segments: Healthcare Distribution and Technology and Value-Added Services. The Healthcare Distribution segment offers a comprehensive selection of products and equipment, including denta...Show More
Better Health for All
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Henry Schein's core business as a global distributor of healthcare products and services provides solutions that improve operational success and clinical outcomes for healthcare professionals and patients, with no evidence of products having negative health effects. However, its health externalities show a significant increase in Scope 3 GHG emissions by 26.2% from 2022 to 2024
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, despite a 45.1% reduction in Scope 1 and 15.9% reduction in Scope 2 emissions
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, and commitments to net-zero by 2050
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. For health equity programs, the company's 90 grants totaling over $1 million in 2024
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represent approximately 0.00787% of its $12.7 billion net sales
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, falling into the minimal funding tier. The company maintains excellent healthcare data responsibility with Global Data Protection Principles
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and ISO27001 partial scope certification
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. Furthermore, it employs excellent addiction safeguards, including suspicious order monitoring and “know your customer” due diligence for controlled substances
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. It also demonstrates excellent healthcare education through its 'Prevention is Power' campaign
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,
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, partnership with Johns Hopkins for gun violence prevention training
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, and the S.M.I.L.E. Healthcare Pathways Program
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.
Fair Money & Economic Opportunity
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No specific, concrete data points were found in the provided articles to assess Henry Schein Inc. against the 'Fair Money & Economic Opportunity' ethical value. While Henry Schein Financial Services offers tailored financial solutions to small healthcare businesses
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, the articles do not provide quantitative information regarding customer demographics, pricing, revenue from high-cost products, loan book composition, data accessibility, regulatory compliance, wealth-building outcomes, profit reinvestment, financial literacy initiatives, debt burden ratios, geographic inclusion, or product simplicity for these financial services.
Fair Pay & Worker Respect
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No specific, quantitative evidence was provided in the articles to assess Henry Schein Inc. against the defined KPIs for Fair Pay & Worker Respect. The articles contain general statements about ethical commitments, awards for ethical practices
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and LGBTQ+ equality,
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and qualitative employee feedback,
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but lack concrete data points such as living wage coverage, CEO-median pay ratio, collective bargaining share, safety incident rates, pay equity ratios, worker engagement scores, turnover rates, labor violation incidents, insecure contract share, or health insurance coverage percentages.
Fair Trade & Ethical Sourcing
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No specific, quantitative evidence was provided in the articles to assess Henry Schein Inc. against the defined KPIs for Fair Trade & Ethical Sourcing. Information regarding fair-trade certification share, average audit frequency, number of substantiated forced/child labor incidents, traceability coverage, remediation speed, ethical clause coverage in contracts, share of spend on high-risk materials, or supplier diversity spend was not available.
Honest & Fair Business
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No evidence available to assess Henry Schein Inc on Honest & Fair Business.
Kind to Animals
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No explicit, quantifiable evidence was found in the provided articles to assess Henry Schein Inc. against the 'Kind to Animals' ethical value. The articles do not contain specific data points regarding cruelty-free certifications, the use of alternative testing methods, humane certifications for operations, measurable wildlife conservation impact, substitution of animal-derived ingredients, animal welfare supplier audits, cage-free sourcing percentages, animal testing policies or volumes, investment in animal-free innovation, animal agriculture ethics, animal-free R&D collaborations, or public policy engagement related to animal welfare.
No War, No Weapons
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Henry Schein Inc had a contract for up to $24.4 million with the U.S. Department of Defense in 2017 for non-weapon medical needs
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, representing approximately 0.19% of its 2024 sales of $12.7 billion.
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The company's peacebuilding investment, including product and cash donations, totaled over $22.6 million in 2024
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, which is approximately 0.18% of its 2024 revenue.
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Henry Schein demonstrates adherence to humanitarian procurement standards by launching human rights compliance training in 2023
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, maintaining a Global Supplier Code of Conduct
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, and co-founding the Responsible Glove Alliance in 2022 to prevent forced labor
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. In 2022, the company conducted 77 supplier audits
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, with 50 taking place at supplier sites in high-risk countries such as China, Malaysia, Thailand, and Indonesia
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. Henry Schein is committed to upholding human rights standards and supports the UN Guiding Principles on Business and Human Rights
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, integrating these principles into its training programs.
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Planet-Friendly Business
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Henry Schein received validation from the Science Based Targets initiative (SBTi) in April 2025 for its near-term and long-term emissions reduction targets, aiming for net-zero emissions by 2050
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. The company commits to reducing absolute Scope 1 greenhouse gas emissions by 42% by 2030 and by 90% by 2050, from a 2022 base year
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. It also plans to source 100% renewable electricity by 2030 and reduce Scope 3 GHG emissions by 51.6% per million USD value added by 2030, and by 97% by 2050
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. In July 2024, the company reported a 28.8% increase in its North American distribution recycling program over 2020 metrics
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. In April 2024, Henry Schein implemented carbon-neutral shipping in its U.S. network for the month
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and showcased process improvements to reduce plastic usage in its distribution centers, including one in Eastern Creek, Australia
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. In April 2023, the Practice Green initiative was introduced in North America to promote eco-friendly products, including those containing recycled materials
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.
Respect for Cultures & Communities
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Henry Schein has established three formal partnerships with groups representing or serving local and indigenous communities. These include the S.M.I.L.E. Healthcare Pathway Program, which completed its second year in August 2024
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, aiming to inspire students from underrepresented backgrounds, including indigenous communities, to pursue dental careers
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. The company also partners with the Alpha Omega International Dental Society, providing pro bono oral care to over 1,600 Holocaust survivors in the U.S. and Canada since 2015
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. Additionally, Henry Schein supports Esperanza International's oral health care efforts in the Dominican Republic by providing dental equipment and products
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. There are no reported cultural appropriation incidents.
Safe & Smart Tech
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Henry Schein Inc. experienced two significant cybersecurity incidents in 2023. A September 2023 data breach affected over 166,000 individuals
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, leading to a $2.9 million class action settlement in January 2024
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. Separately, an October 2023 cyberattack disrupted the company's North American and European operations
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, potentially compromising customer financial data
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, and resulted in a downward revision of its annual profit forecast
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. Additionally, in 2016, the company settled with the FTC, paying a $250,000 fine for false advertising of encryption in its Dentrix G5 software
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.
Zero Waste & Sustainable Products
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Henry Schein has implemented several waste reduction initiatives. Its recycling initiatives increased by 28.8% over 2020, as reported in July 2024.
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The company has also implemented plastic-saving measures and offers carbon-neutral shipping in the U.S. to reduce landfill waste.
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In April 2023, Henry Schein launched the Practice Green program in the U.S. and Canada, which offers dental products that are reusable, contain recycled materials, or are sustainably sourced.
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Additionally, resources have been provided to support environmental sustainability in the healthcare industry.
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