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Babylon Holdings Limited
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== ESG == ESG is central to Babylon's mission to make quality healthcare accessible and affordable to every person on Earth. Their initial merger with AlbaCore Group had sustainability at the forefront of the deal. AlbaCore Group made a sustainability-linked investment of $200 million in Babylon Holdings Limited. Although a somewhat limited ESG management throughout the company reports, it's clear sustainability is at the forefront of their mission and product service offering. The key aim of allowing wider access to healthcare with lower costs for consumers. Babylon Health has partnerships with the NHS. Notable trusts within the NHS that have partnered with Babylon include the Royal Wolverhampton NHS Trust that announced a 10-year partnership with Babylon in January 2020. This partnership had the aim of developing a new model of digital-first integrated care and was followed by the introduction of a Covid-19 care assistant in April 2020. This partnership was extended to primary care in August 2021 which saw the roll out of the Babylon 360 app. Babylon Health aims to expand this part of their business aiming to combat the 'overwhelming demand' for GP services in the UK since the pandemic. Babylon Health aims to make healthcare accessible and affordable the world over, through building specialised health services for those countries with little or no access to basic health care. They are doing this through creating partnerships across the world in countries with limited access to basic healthcare. Babyl Rwanda is their notable partnership that provides healthcare services in Rwanda. Rwanda was struggling with easily accessible and affordable healthcare. In an effort to address this issue, in 2016 Babylon Health partnered with the Government of Rwanda and the Bill & Melinda Gates Foundation to offer Rwandans one of the most progressive solutions in healthcare. Their service, under the local name Babyl, is integrated into Rwandaβs National Health Insurance Scheme and is the largest digital health provider in the country.
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