Medtronic: Building a More Sustainable Future

Rhea-AI Summary

Medtronic's latest Sustainability Report highlights their work in supporting global communities.

Positive

• Medtronic LABS accelerates access to healthcare in underserved communities worldwide through its digital health platform SPICE. The code behind SPICE is now open source and searchable in the UNDP Digital X Solution Catalogue.
• Medtronic supports wildlife conservation efforts through the Rhythm of Life study, donating cardiac monitors to species conservation.
• Medtronic partners with diverse-owned suppliers like Springfield Spring and Stamping to better serve patients and help suppliers thrive.
• Medtronic launched the Neurovascular Co-Lab Platform to accelerate innovation in stroke treatment, inviting submissions from doctors, inventors, entrepreneurs, and others passionate about improving stroke care.

Negative

• None.

Stories from our latest Sustainability Report

NORTHAMPTON, MA / ACCESSWIRE / October 10, 2023 / The world continues to grapple with new and evolving challenges. But with each challenge comes the opportunity to reinvent and innovate for people and the planet. Our latest Sustainability Report outlines our work to make progress on environmental, social, and governance (ESG) issues.

Here are four stories that highlight our work to support our global communities:

1. Accelerating access to healthcare

Medtronic LABS accelerates access to healthcare in underserved communities around the world through technology. And now, the code behind its digital health platform SPICE is open source - making it available to anyone and searchable in the United Nations Development Program Digital X Solution Catalogue. Read about how LABS is also broadening its scope to expand access.

2. Supporting conservation from the heart

Every year, our therapies improve the lives of over 70 million people. Since 1999, we have also helped a different type of patient: wild animals. Tim Laske, Ph.D., Vice President of Research in Medtronic Cardiac Ablation Solutions, has combined his passions for engineering and wildlife biology to co-develop the Rhythm of Life study in partnership with the Smithsonian's National Zoo and the Conservation Biology Institute. The program donates Reveal LINQ™ Insertable Cardiac Monitors (ICM) to support species conservation efforts. In our 2023 fiscal year alone, Tim and team deployed 85 ICMs for 11 species of varying shapes and sizes, ranging from jaguars to penguins. Read more about how we're supporting wildlife conservation.

3. Building communities with diverse suppliers

We know that diverse-owned* suppliers bring varied perspectives that help us better serve patients. And we have a role to play in helping those suppliers thrive. Springfield Spring and Stamping is a supplier of precision mechanical springs, wire forms, and stampings, which are used in many of our products. They knew obtaining corporate clients was key to growth. The owner, Norman Rodrigues, connected with the Medtronic Hispanic Latino Network, which helped guide the company to successfully meet our stringent criteria for quality, innovation, and supply chain standards. Read more about our partnership with Springfield Spring.

4. Accelerating innovation in stroke care

Last year, we launched the Medtronic Neurovascular Co-Lab^TM Platform, a virtual portal to accelerate innovation in stroke treatment by inviting doctors, individual inventors, entrepreneurs, startup companies, or anyone else passionate about improving stroke care to submit their ideas. We received numerous submissions for groundbreaking innovations and invited a select group to present at the Co-Lab summit in August. The result was a rich forum for discussion and exchanging ideas that will advance what we know about stroke treatment. Read more about the launch of the Co-Lab Platform.

Read more about our year-round sustainability efforts and impact in the full 2023 Sustainability Report and highlights.

View additional multimedia and more ESG storytelling from Medtronic on 3blmedia.com.

Contact Info:
Spokesperson: Medtronic
Website: https://www.3blmedia.com/profiles/medtronic
Email: info@3blmedia.com

SOURCE: Medtronic

View source version on accesswire.com:
https://www.accesswire.com/791692/medtronic-building-a-more-sustainable-future

FAQ

What is Medtronic LABS?

Medtronic LABS accelerates access to healthcare in underserved communities through its digital health platform SPICE.

What is the Rhythm of Life study?

The Rhythm of Life study is a program developed by Medtronic in partnership with the Smithsonian's National Zoo and the Conservation Biology Institute to support wildlife conservation efforts.

Who is Springfield Spring and Stamping?

Springfield Spring and Stamping is a supplier of precision mechanical springs, wire forms, and stampings, and Medtronic partners with them to better serve patients.

What is the Neurovascular Co-Lab Platform?

The Neurovascular Co-Lab Platform is a virtual portal launched by Medtronic to accelerate innovation in stroke treatment by inviting submissions from individuals and organizations passionate about improving stroke care.