“Contributing to a Healthier Future” Reviews Company’s Economic, Social and Environmental Performance for Fiscal Year 2012
MINNEAPOLIS – Sept. 6, 2012 – Medtronic, Inc. (NYSE:MDT) has released the company’s 2012 Corporate Citizenship Report, “Contributing to a Healthier Future” at www.medtronic.com/2012citizenshipreport.
In addition to providing information and key metrics on Medtronic’s economic, social and environmental performance, the report communicates the company’s priorities, goals and progress related to five citizenship pillars. Fiscal year 2012 highlights from each include:
Global Leadership in Addressing Chronic Disease
Through its Global NCD Initiative, Medtronic took a leadership role in private sector engagement before, during and after the United Nations High-Level Meeting on the Prevention and Control of Noncommunicable Disease. Held in September 2011, the meeting represented a critical opportunity for world leaders to address this global health issue.
Collaborative Culture of Innovation
The company reallocated research and development resources to promote access to therapies in emerging markets, including appointing local R&D staff and constructing a Medtronic Innovation Experience Center at our new regional headquarters in Shanghai, China.
Responsibility in the Marketplace
All Medtronic sourcing personnel completed Electronics Industry Citizenship Coalition (EICC) training designed to promote responsible practices throughout our global supply chain. The company also completed EICC self-assessment surveys at 17 Medtronic manufacturing facilities and piloted the survey with 10 key suppliers to identify potential risks.
Total Employee Engagement
A new global employee inclusion, diversity and engagement strategy was launched that engages business and regional leaders in creating local strategies for recruiting and retaining women in leadership positions and achieving diversity that reflects local demographics.
Progressive Environmental Stewardship
Medtronic implemented a system for collecting information on product materials, which allows the company to more effectively assess compliance with environmental regulations globally and respond to customer inquiries.
Medtronic’s 2012 Corporate Citizenship Report aligns with the Global Reporting Initiative G3 guidelines and incorporates interactive data tables, graphics and videos. A 16-page summary report is also available for download at www.medtronic.com/2012citizenshipreport.
Comments and feedback to the report are desired at: firstname.lastname@example.org.
Medtronic was recently named to the Dow Jones Sustainability World Index (DJSI World) and has been on Corporate Responsibility magazine’s 100 Best Corporate Citizens List for the last three years.
Medtronic, Inc. (www.medtronic.com), headquartered in Minneapolis, is the global leader in medical technology – alleviating pain, restoring health, and extending life for millions of people worldwide.
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.
Medtronic Media Contacts:
Rich Fischer, Public Relations, 763-505-2975
Jeff Warren, Investor Relations, 763-505-2696