STOCK TITAN

Medtronic Named to 100 Best Corporate Citizens of 2023

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary
Medtronic named to 100 Best Corporate Citizens ranking for 7th consecutive year
Positive
  • None.
Negative
  • None.

This is the 7th year in a row that Medtronic has been named to the list, jumping to #17 in 2023.

NORTHAMPTON, MA / ACCESSWIRE / October 18, 2023 / 3BL has named Medtronic (NYSE:MDT) to its annual 100 Best Corporate Citizens ranking, recognizing outstanding environmental, social and governance (ESG) transparency and performance among the 1,000 largest U.S. public companies.

This is the 7th year in a row that Medtronic has been named to the list, jumping to #17 in 2023.

"At Medtronic, we know that every action we take impacts the future of our employees, our business, our communities, and our planet," said Rob Ellsworth, Director of the Enterprise Sustainability Program at Medtronic. "Our sustainability strategy focuses on the areas where we know we can make the greatest impact. We are on a journey to harness technology to bridge the healthcare divide, build an increasingly diverse, inclusive, and equitable workforce, and protect our planet. Each of us at Medtronic recognizes the immense responsibility and privilege we have as an organization, and as individuals, to improve the global health of patients and our planet."

The 100 Best Corporate Citizens ranking is based on 184 ESG factors in seven pillars: climate change, employee relations, environment, governance, human rights, stakeholders and society, and ESG performance.

Using a methodology developed by 3BL, all Russell 1000 Index companies are researched by ISS ESG, the responsible investment research arm of Institutional Shareholder Services. There is no fee for companies to be included in 100 Best Corporate Citizens.

To compile the ranking, corporate data and information is obtained from publicly available sources only, rather than questionnaires or company submissions. Companies have the option to verify data collected for the ranking at no cost. Data and information used in the 2023 edition of the 100 Best Corporate Citizens ranking was collected between July 2022 to July 2023.

"Achieving the transformational targets in the Paris Agreement and UN Sustainable Development Goals in this decisive decade requires all companies to truly embed ESG issues into the core of their business," said Dave Armon, CEO of 3BL. "The 100 Best Corporate Citizens of 2023 are answering the call by demonstrating the societal and bottom-line value of leadership and transparency around ESG topics. They are setting ambitious goals, outlining robust strategies for achieving them, disclosing data to measure progress, and accounting for all stakeholders in business decisions."

For access to the complete 100 Best Corporate Citizens of 2023 ranking and methodology visit: https://100best.3blmedia.com/

Learn more about sustainability at Medtronic in their 2023 Sustainability Report.

About Medtronic
Bold thinking. Bolder actions. We are Medtronic. Medtronic plc, headquartered in Dublin, Ireland, is the leading global healthcare technology company that boldly attacks the most challenging health problems facing humanity by searching out and finding solutions. Our Mission - to alleviate pain, restore health, and extend life - unites a global team of 95,000+ passionate people across more than 150 countries. Our technologies and therapies treat 70 health conditions and include cardiac devices, surgical robotics, insulin pumps, surgical tools, patient monitoring systems, and more. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world. In everything we do, we are engineering the extraordinary. For more information on Medtronic (NYSE:MDT), visit www.medtronic.com and follow @Medtronic on Twitter and LinkedIn.

About the 100 Best Corporate Citizens Ranking
The 100 Best Corporate Citizens debuted in 1999 in Business Ethics Magazine and appeared annually in Corporate Responsibility Magazine for many years. 3BL has managed the ranking since 2018. To compile the ranking, each company in the Russell 1000 Index is ranked according to its transparency and performance on 184 environmental, social and governance factors.

About 3BL
3BL's unrivaled distribution platforms and TriplePundit Brand Studio promote the environmental, social, governance (ESG) initiatives of leading companies, private equity firms, nonprofits and NGOs to a global audience. Learn more here.

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/794177/medtronic-named-to-100-best-corporate-citizens-of-2023

FAQ

What is the news about?

The news is about Medtronic being named to the 100 Best Corporate Citizens ranking for the 7th consecutive year.

What is the ranking based on?

The ranking is based on 184 ESG factors in seven pillars: climate change, employee relations, environment, governance, human rights, stakeholders and society, and ESG performance.

What is Medtronic's sustainability strategy?

Medtronic's sustainability strategy focuses on harnessing technology to bridge the healthcare divide, building a diverse and inclusive workforce, and protecting the planet.

How is the ranking compiled?

The ranking is compiled using publicly available data and information obtained from July 2022 to July 2023.

What is the significance of being named to the ranking?

Being named to the ranking demonstrates leadership and transparency around ESG topics, setting ambitious goals, and accounting for all stakeholders in business decisions.

Medtronic plc

NYSE:MDT

MDT Rankings

MDT Latest News

MDT Stock Data

103.49B
1.28B
0.26%
85.42%
0.79%
Medical Devices
Electromedical & Electrotherapeutic Apparatus
Link
United States of America
GALWAY