Medtronic recognised as one of world's most ethical companies

Medtronic has been recognised by Ethisphere as one of the 2023 World's Most Ethical Companies. In 2023, 135 honourees were recognised spanning 19 countries and 46 industries. Medtronic is one of only two honourees in the 'Healthcare Products' industry category.

Geoff Martha, Medtronic chairman and chief executive officer, said: "We strive to act responsibility and earn the trust of our customers and communities, and this award is a true testament to our 95,000+ global employees and the customers we serve. Written more than 60 years ago, the Medtronic Mission continues to be the cornerstone of our culture and business operations. Our Mission commits us to maintaining good citizenship in all the communities in which we live and operate, and to society in general."

Tara Shewchuk, VP and chief ethics & compliance officer at Medtronic, added: "Every day, we find ways to alleviate pain, restore health, and extend life. At Medtronic, we believe ethical sales are durable sales, and this award affirms our commitment to deliver results the right way.”

Ethisphere CEO, Erica Salmon Byrne, commented: "Ethics matters. Organisations that commit to business integrity through robust programs and practices not only elevate standards and expectations for all, but also have better long-term performance. We continue to be inspired by the World's Most Ethical Companies honourees and their dedication to making real impact for their stakeholders and displaying exemplary values-based leadership. Congratulations to Medtronic for earning a place in the World's Most Ethical Companies community."

Grounded in Ethisphere's proprietary Ethics Quotient, the World's Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives that support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organisations across industries and around the globe.