DUBLIN, Nov. 13, 2020 /PRNewswire/ -- Medtronic plc
(NYSE: MDT), the global leader in medical technology, today
announced that it has been recognized as one of the world's leading
companies for sustainability with its inclusion in the Dow Jones
Sustainability North America Index (DJSI North America). The DJSI
North America includes a select group of companies based on their
performance across a variety of sustainability criteria, including
economic performance, environmental stewardship, social
responsibility, and corporate governance. This is the
13th consecutive year Medtronic has placed on the
prestigious list, considered to be a leading benchmark for
corporate sustainability.
"Medtronic has never been more focused on our purpose or clearer
on our role as a responsible corporate citizen," said Medtronic CEO
Geoff Martha. "As stewards of human
health and well-being, and with an aspiration to be the undisputed
leader in healthcare technology, we are committed to prioritizing
sustainability to create a better world. We will continue to invest
in the environmental, social, and corporate governance (ESG)
efforts that are most aligned to our Mission, while also driving
long term growth and profitability."
Medtronic's sustainability strategy focuses on balancing
long-term growth and profitability with creating value by working
responsibly in all facets where its business intersects with
society. Medtronic's sustainability performance areas identified as
most material to long-term success include, innovation and access
to healthcare, product quality and patient safety, inclusion and
diversity, ethical business practices, responsible supply
management, employee engagement and development, human rights, and
environmental stewardship. The company's sustainability priorities
align to various tenets of the Medtronic Mission and frame
Medtronic's contributions to the United Nations Sustainability
Goals.
One example of Medtronic's commitment to ESG factors is its
recently announced goal to be carbon neutral in its operations by
fiscal year 2030, with an aggressive target to reduce greenhouse
gas emissions by 50% by fiscal year 2025 and increasing use of
renewable and alternative energy by partnering in virtual power
purchase agreements (VPPAs) and investing in renewable energy
credits (RECs) and carbon offsets.
Another example is the company's ongoing focus on inclusion,
diversity and equity. The company reported 100% gender pay equity
in many countries including the U.S. and 99% gender pay equity for
employees globally in fiscal year 2020. In January, the company was
one of three recipients of the prestigious 2020 Catalyst Award in
recognition of its initiatives for fostering a workplace in which
women can advance. Medtronic has also committed to several new
actions that will advance its global inclusion, diversity, and
equity work for employees and the communities where it operates,
including linking inclusion and diversity goals with compensation
and advancement opportunities for all people managers in fiscal
year 2022.
The DJSI ranking adds to the recognition Medtronic received
earlier this year through its continued inclusion in the FTSE4Good
Index Series. Companies in the FTSE4Good Index Series have met
stringent environmental, social and governance criteria, and are
positioned to capitalize on the benefits of responsible business
practices. More information can be found at
https://www.ftse.com/products/indices/FTSE4Good.
More information about Medtronic's comprehensive sustainability
efforts can be found in the 2020 Integrated Performance
Report and by visiting www.medtronic.com/citizenship.
About the Dow Jones Sustainability Index
The Dow Jones Sustainability Indices are a family of
best-in-class benchmarks for investors who have recognized that
sustainable business practices are critical to generating long-term
shareholder value and who wish to reflect their sustainability
convictions in their investment portfolios. The family was launched
in 1999 as the first global sustainability benchmark and tracks the
stock performance of the world's leading companies in terms of
economic, environmental and social criteria.
Created jointly by S&P Dow Jones Indices and SAM, the DJSI
combine the experience of an established index provider with the
expertise of a specialist in Sustainable Investing to select the
most sustainable companies from across 61 industries. More
information about the DJSI can be found at
http://www.sustainability-indices.com.
About Medtronic
Medtronic plc (www.medtronic.com), headquartered in Dublin, Ireland, is among the world's largest
medical technology, services and solutions companies – alleviating
pain, restoring health and extending life for millions of people
around the world. Medtronic employs more than 90,000 people
worldwide, serving physicians, hospitals and patients in more than
150 countries. The company is focused on collaborating with
stakeholders around the world to take healthcare Further,
Together.
Any forward-looking statements are subject to risks and
uncertainties such as those described in Medtronic's periodic
reports on file with the Securities and Exchange Commission. Actual
results may differ materially from anticipated results.
Contacts:
Erika
Winkels
|
Ryan
Weispfenning
|
Public
Relations
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Investor
Relations
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+1-505-526-8478
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+1-763-505-4626
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SOURCE Medtronic plc