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In 1943, a year before Johnson & Johnson became a publicly traded company, and long before the term corporate social responsibility even existed,
Johnson & Johnson's Our Credo outlines the company's responsibilities to patients, employees, communities, and shareholders, guiding its values since 1943.
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Key Takeaways
- Our Credo defines Johnson & Johnson’s core values and responsibilities.
- The company prioritizes patients and consumers as its primary responsibility.
- Employee well-being and inclusive policies are central to J&J’s culture.
- Community service and disaster relief are integral to J&J’s corporate identity.
- Long-term shareholder value is achieved through innovation and sustainable growth.
What the video covers
- Our Credo was written in 1943 by Robert Wood Johnson, before Johnson & Johnson went public and before corporate social responsibility was a common term.
- The Credo emphasizes responsibility first to patients, doctors, nurses, and families who rely on J&J products, from everyday items to life-saving medical devices.
- It highlights the company's commitment to its 130,000 employees worldwide, promoting work-life balance and inclusive parental leave policies.
- Johnson & Johnson has a long history of corporate social responsibility, including one of the oldest corporate disaster relief programs dating back to 1900.
- More than 80% of J&J employees volunteer in their local communities, demonstrating strong community engagement.
- The Credo also commits to shareholders by focusing on long-term financial health through innovation and continuous improvement.
- It serves as a living document that inspires daily decisions and aims to create a healthier future globally.
Chapters
- 00:00Introduction to Our Credo and its origin
- 00:20Responsibility to patients and consumers
- 00:39Commitment to employees and workforce policies
- 01:06Community engagement and corporate social responsibility
- 02:07Responsibility to shareholders and financial approach
- 02:24Our Credo as a guiding and inspirational document
Full Transcript — Download SRT & Markdown
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company chairman Robert Wood Johnson wrote Our Credo, a defining vision of Johnson & Johnson's values and principles.
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Our Credo begins with our responsibility to the patients, doctors, nurses, mothers and fathers and all who rely on our products.
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From household staples families love like BAND-AID® Brand Adhesive Bandages and Johnson's Baby Shampoo, to the cutting-edge surgical devices and pharmaceuticals that save lives every day.
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Our next responsibility is to our 130,000 employees in 60 countries around the world from Argentina to Australia,
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who create our products and keep our company running.
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Johnson & Johnson offers innovative workforce programs and policies that respect and reinforce work-life balance, including ample paid leave for all new parents, whether maternal, paternal, adoptive or surrogacy-assisted.
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Our third responsibility is to the communities we serve worldwide. Johnson & Johnson has a long and rich history of corporate social responsibility, including one of the oldest corporate disaster relief programs in existence, dating back to 1900.
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And today, more than 80% of our employees across the globe volunteer in their local communities.
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The fourth and final tenet of Our Credo is our responsibility to our shareholders.
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By taking a long-view financial approach, investing in research to drive innovation, and continually improving our equipment and facilities, our shareholders receive a fair return.
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Our Credo is a constant source of inspiration and aspiration. It's a living, breathing document that guides our daily decisions and inspires us to be remarkable so that we can create a healthier future for everyone, everywhere.
Topics:Johnson & JohnsonOur Credocorporate social responsibilityRobert Wood Johnsonemployee benefitscommunity serviceshareholdershealthcare innovationdisaster reliefwork-life balance
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