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|Medtronic Named One of America's Best Corporate Citizens in 2018 by Forbes Magazine|
DUBLIN - December 10, 2018 - Medtronic plc (NYSE:MDT), the global leader in medical technology, today announced it has been named one of America's Most JUST Companies in 2018, according to Forbes magazine and JUST Capital, a nonprofit that ranks publicly-traded corporations on the issues Americans care about most. Medtronic was ranked 61st on this year's JUST 100: America's Best Corporate Citizens list for outperforming its peers in areas such as fair treatment of employees, job creation, customer treatment, and product quality.
To determine the ranking, Forbes and JUST Capital surveyed more than 81,000 Americans over four years and asked what people prioritize most regarding corporate behavior today. Of the 890 companies analyzed, the top 100 rank highest on issues like fair pay and good benefits, customer treatment and privacy, beneficial products, environmental impact, job creation, community support in the U.S. and abroad, as well as ethical leadership and long-term financial growth.
"In 1960, our late co-founder Earl Bakken crafted the Medtronic Mission, which continues to guide the way we work today. It defines our purpose - a technology company dedicated to improving patient outcomes - and our ongoing commitment to the reliability and quality of our products. But it says so much more. It mandates we recognize the personal worth of all our employees, to operate as an organization known for its dedication, honesty, integrity and service, and to maintain good corporate citizenship," said Omar Ishrak, Medtronic chairman and chief executive officer. "It is an honor to be named one of the Most JUST companies, as it acknowledges how our mission has been brought to life by the efforts of our employees around the world. This recognition is also an affirmation that our commitment to the Mission - which was novel when written nearly 60 years ago - remains relevant and vital for our future."
In its evaluation of Medtronic, Forbes and JUST Capital note that Medtronic ranks highly across a variety of categories, including its new family care leave benefits, safe workplace and equal opportunity policies, environmental protection and sustainability efforts, community engagement, and corporate philanthropy. A comprehensive interactive ranking is available at www.justcapital.com.
Details of these commitments and more can also be found in Medtronic's newly launched 2018 Integrated Performance Report, which outlines the company's economic, social and environmental progress.
As one of America's Most JUST Companies, Medtronic is also included in Goldman Sachs Asset Management's JUST U.S. Large Cap Equity ETF (Ticker:JUST)-the first ever exchange-traded fund based on just business behavior, constructed from JUST Capital's rankings.
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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.