Mission Statement, Vision, & Core Values of Clarivate Plc (CLVT)

Are you curious about what drives a leading global provider of transformative intelligence? Let's delve into the core of Clarivate Plc (CLVT), a company that in 2024 generated $2.56 billion in revenue, by examining its mission statement, vision, and core values. What principles guide their actions, and how do these values translate into their business practices?

Understanding these fundamental elements can provide valuable insights into the company's strategic direction and its commitment to innovation. How do these factors align with the company's goal to deliver trusted insights and analytics to accelerate the pace of innovation for customers worldwide?

Clarivate Plc (CLVT) An Overview of

Clarivate Plc (CLVT), established in 2016 following the acquisition of Thomson Reuters' Intellectual Property & Science business by Onex Corporation and Baring Private Equity Asia, stands as a global leader in providing trusted insights and analytics to accelerate the pace of innovation. With a rich history rooted in the legacy of its predecessor, Clarivate has evolved into an independent publicly traded company, listed on the New York Stock Exchange (NYSE: CLVT). As of April 2025, Clarivate continues to serve a diverse range of clients, including academic institutions, research organizations, corporations, and government entities, empowering them to make informed decisions and drive impactful outcomes.

Clarivate offers a broad spectrum of products and services designed to support the entire lifecycle of innovation, from foundational research and intellectual property management to regulatory standards and commercialization. These offerings include:

• Web of Science: A comprehensive research database providing access to scholarly literature across various disciplines.
• Derwent Innovation: A patent research and analysis platform enabling users to identify and evaluate inventions.
• CompuMark: A trademark research and protection solution safeguarding brand assets.
• Cortellis: A suite of intelligence solutions for the life sciences, accelerating drug discovery and development.
• MarkMonitor: A brand protection platform mitigating online risks such as counterfeiting and fraud.

In the fiscal year 2024, Clarivate reported a revenue of $2.87 billion. This robust financial performance underscores the company's strong market position and the increasing demand for its data-driven insights and analytics solutions. The company's revenue is diversified across its various product lines, with significant contributions from Web of Science, Derwent Innovation, and other key offerings.

In its latest reporting period, Clarivate demonstrated strong financial performance, driven by key product sales and strategic growth initiatives. The company's revenue reached a record-breaking level, fueled by increasing demand for its data-driven insights and analytics solutions across various sectors. Notably, Web of Science and Derwent Innovation continued to be significant revenue contributors, reflecting their importance in the academic and corporate research landscapes. Additionally, Clarivate experienced growth in emerging markets, indicating successful expansion strategies and a growing global presence.

Clarivate stands as a leader in providing actionable intelligence and analytics to customers worldwide. Want to learn more about why Clarivate is so successful? Find out more here: Breaking Down Clarivate Plc (CLVT) Financial Health: Key Insights for Investors

Clarivate Plc (CLVT) Mission Statement

Clarivate's mission is to improve the way the world creates, protects, and advances research and innovation. This mission serves as the guiding principle for the company's strategic objectives and operational practices.

Core components of Clarivate's mission statement include:

• Improving: Focuses on enhancing the processes and outcomes related to research and innovation.
• Creating, Protecting, and Advancing: Encompasses the full lifecycle of intellectual property and research, from initial creation to safeguarding and promoting its impact.
• Research and Innovation: Highlights the specific domains where Clarivate aims to make a difference.

Clarivate is dedicated to offering reliable, high-quality data and analytics. The company reported revenue of $2.84 billion for the year 2024.

The company's commitment to data quality is reflected in its continuous efforts to refine its data collection and analysis methods, ensuring that customers receive the most accurate and insightful information available.

For more insights into Clarivate's financial standing, see Breaking Down Clarivate Plc (CLVT) Financial Health: Key Insights for Investors.

Clarivate Plc (CLVT) Vision Statement

Clarivate Plc operates with a mission to improve the way the world creates, protects, and advances research and innovation. To achieve this, they strive to deliver critical data, information, workflow solutions, and deep domain expertise to governments, universities, research institutions, corporations, and law firms.

Clarivate's financial performance demonstrates its commitment to these goals. In 2024, the company reported revenue of $2.85 billion. The company's adjusted EBITDA was $1.08 billion, representing a margin of 38%. Furthermore, Clarivate generated free cash flow of $657 million, highlighting its operational efficiency and financial health. For more detailed insights into Clarivate's financial health, you can explore this analysis: Breaking Down Clarivate Plc (CLVT) Financial Health: Key Insights for Investors

A core element of Clarivate's vision involves empowering researchers and innovators. This is reflected in their suite of products and services aimed at streamlining research workflows and enhancing data analysis. By providing access to comprehensive data and analytics, Clarivate supports researchers in making informed decisions and accelerating the pace of discovery.

• Web of Science: A comprehensive citation index providing access to a vast collection of scholarly literature.
• Derwent Innovation: A global patent database that helps organizations track and analyze patent trends.
• Cortellis: A suite of intelligence solutions for the life sciences industry, supporting drug discovery and development.

Another key aspect of Clarivate's vision is to help organizations protect their intellectual property. They offer solutions that enable businesses and law firms to manage their patent portfolios, monitor competitive activity, and identify potential infringement risks. These services are crucial for maintaining a competitive edge in today's innovation-driven economy.

Clarivate aims to advance knowledge and discovery across various sectors by connecting data, technology, and human expertise. This involves:

• Providing actionable insights: Transforming raw data into meaningful intelligence that drives strategic decisions.
• Fostering collaboration: Connecting researchers, businesses, and governments to facilitate knowledge sharing and accelerate innovation.
• Supporting evidence-based decision-making: Ensuring that decisions are based on reliable data and rigorous analysis.

Through these efforts, Clarivate seeks to play a pivotal role in shaping the future of research and innovation, contributing to advancements that benefit society as a whole. In 2024, Clarivate demonstrates its financial commitment to its vision, with $365.7 million spent on research and development and a further $151.1 million on acquisitions.

Clarivate Plc (CLVT) Core Values of

Company's core values are the fundamental beliefs upon which their business and actions are based. They guide their behavior and decision-making processes. These values are essential for establishing their priorities, and help them stay aligned with their mission, and vision.

We are One Team

Company emphasizes teamwork and collaboration as a core value. This means that employees are expected to work together effectively, share knowledge and ideas, and support each other to achieve common goals. Valuing teamwork can lead to increased innovation, better problem-solving, and a more positive work environment.

For example, Company has several initiatives that promote teamwork and collaboration, such as:

• Cross-functional teams: Company brings together employees from different departments to work on specific projects.
• Knowledge-sharing platforms: Company uses online platforms to share knowledge and best practices across the organization.
• Team-building activities: Company organizes regular team-building activities to help employees build relationships and trust.

We are Customer Centric

Company places a high value on understanding and meeting the needs of its customers. Being customer-centric means that the company prioritizes customer satisfaction and loyalty by providing excellent products, services, and support. This value drives Company to continuously improve its offerings and build long-term relationships with its customers.

Company demonstrates its commitment to customer centricity through various initiatives:

• Customer feedback programs: Company actively solicits and acts on customer feedback to improve its products and services.
• Dedicated customer support teams: Company provides dedicated customer support teams to address customer inquiries and resolve issues promptly.
• Personalized customer experiences: Company strives to create personalized experiences for its customers by tailoring its offerings to their specific needs.

More information about financial aspects is available via Breaking Down Clarivate Plc (CLVT) Financial Health: Key Insights for Investors.

We are Innovators

Company fosters a culture of innovation, encouraging employees to think creatively, experiment with new ideas, and challenge the status quo. This value is essential for staying ahead in a rapidly evolving industry and delivering cutting-edge solutions to customers. Company invests in research and development, provides resources for innovation, and recognizes employees who contribute to innovative solutions.

Examples of how Company promotes innovation include:

• Innovation labs: Company has established innovation labs where employees can explore new technologies and develop innovative solutions.
• Hackathons: Company organizes hackathons to encourage employees to collaborate and develop innovative ideas in a short period of time.
• Innovation challenges: Company launches innovation challenges to solicit innovative ideas from employees across the organization.

We are Driven by Integrity

Company emphasizes the importance of ethical behavior, transparency, and accountability in all its actions. Integrity means adhering to high moral principles, being honest and trustworthy, and taking responsibility for one's actions. This value is crucial for building trust with customers, employees, and stakeholders, and for maintaining a strong reputation.

Company demonstrates its commitment to integrity through:

• Code of conduct: Company has a comprehensive code of conduct that outlines the ethical standards and expectations for all employees.
• Ethics training: Company provides regular ethics training to employees to ensure they understand and adhere to the code of conduct.
• Whistleblower hotline: Company has a whistleblower hotline where employees can report suspected violations of the code of conduct anonymously.