2020 marked a year of new partnerships and practices aimed at addressing systemic inequities in hiring and talent management.
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Creating better experiences for patients and customers starts with our people. A number of partnerships launched in 2020 are providing new opportunities to address systemic inequities in hiring and talent management processes, and accelerate progress in advancing inclusion, diversity and equity.
OneTen Pledges to Help Close the Opportunity Gap for Black Americans
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What does equity look like? For Medtronic, it looks like the private sector stepping up and leading, with measurable outcomes, attainable goals and countless opportunities for all.
Celebrating a decade-long partnership with Project SEARCH
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Joe Breeden works quietly — assembling and inspecting catheters inside the clean room at a Medtronic manufacturing site in Plymouth, Minnesota. His managers rave about his work ethic and attendance record, but it’s something else about Breeden that makes his work even more remarkable.
New Commitment Includes Nearly $4 Million for Health Workers, Mental Health, Food Assistance, and Critical Services in Black, Indigenous and People of Color (BIPOC) Communities and a New Donation of PPE for Health Workers in Underserved Communities
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With the pandemic surging across the globe and food insecurity on the rise, Medtronic and the Medtronic Foundation announced on November 30, an additional $3.8 million commitment to provide healthcare worker support and protection, mental health support, operational support and food assistance to organizations and communities in need. This new commitment is in addition to charitable contributions made earlier this year and brings the total of the company's COVID-19 relief efforts to more than $46 million.
Excerpts from the 2020 Medtronic Integrated Performance Report
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ADDING BUSINESS VALUE
Our global supply chain is central to our ability to provide high-quality, life-improving products and services. Our supply chain management systems advance responsible business practices and minimize disruptions and quality failures.
Excerpts from the 2020 Medtronic Integrated Performance Report
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ADDING BUSINESS VALUE
Our strategic philanthropic giving helps us deliver our Mission by serving as a good citizen worldwide. Medtronic and the Medtronic Foundation partner with organizations to make investments in underserved communities to achieve outcomes and meaningful impacts. Our philanthropic partnerships build trusting relationships with local and global organizations and engage our workforce through giving and volunteerism.
What if healthcare innovations could heal beyond the hospital and change communities?
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In fiscal year 2020 (FY20), we were powered by our purpose—proving that an enduring Mission can inspire new thinking and innovative ways to alleviate pain, restore health, and extend lives.
In the last year, we invested $2.3 billion in research and development and ran more than 270 clinical studies to engineer and test meaningful innovations that will make a difference to patients and healthcare systems globally. Our investment fuels a product pipeline that impacts more than two patients every second.
Throughout the product lifecycle, Medtronic works to reduce waste and build a more sustainable future.
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Drowning in waste
Our planet bears the proof of an indisputable truth: waste is piling up in landfills and oceans around the world. Unfortunately, medical waste is part of the problem. From single-use syringes to decommissioned insulin pumps, there is an environmental cost to the safe delivery of healthcare. As a leader in the medical device industry, Medtronic has a role to play in waste reduction. The good news? We’re tackling product waste head-on and striving for a more sustainable future.
Excerpts from the 2020 Medtronic Integrated Performance Report.
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Our approach focuses on identifying our material sustainability issues, tracking expectations and performance against them, and reporting our progress and aspirations.
Our approach focuses on identifying our material sustainability issues, tracking expectations and performance against them, and reporting our progress and aspirations.
OUR MATERIAL ISSUES
We undertake regular reviews to monitor and assess our top sustainability issues — from product innovation to supplier and customer engagement.
