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Economic Value
ECONOMIC VALUE: Our efforts to be a good corporate citizen result in products that improve clinical outcomes and decrease healthcare costs, reductions in packaging waste and costs, and stimulation of local economies through supplier diversity.
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Societal Impact
SOCIETAL IMPACT: By addressing chronic, noncommunicable diseases, we are working to help improve this global health issue. In addition, our commitment to fair labor practices, strong corporate governance, ethical supply chain management, and environmental stewardship positively impact our various stakeholders and communities.
A Mission of Corporate Citizenship
Corporate Citizenship
Our approach to Corporate Citizenship begins with our Mission. Written more than 50 years ago, its meaning is more relevant than ever, inspiring us to be proactive instead of reactive, helping ensure that society benefits from our commitment to maintain good citizenship as a company.
Our Vision for Corporate Citizenship
Wherever we interact with society—be it with people, product, or philanthropy—we are guided by our Mission to maintain good citizenship as a company. Our vision for Corporate Citizenship guides us to:
- Leverage our resources, assets, and expertise to catalyze dramatic improvement in the lives of those with chronic disease.
- Operate responsibly in all facets where our business intersects with society.
Our Focus
To achieve our vision, we align our citizenship initiatives with five pillars that define our unique focus.
Global Leadership in Addressing Chronic Disease
With our expertise, we are uniquely positioned to help decrease the number of lives affected by or lost to chronic disease around the world.
Collaborative Culture of Innovation
By promoting and fostering an innovative, collaborative culture, we develop cutting-edge products, therapies, and programs.
Responsibility in the Marketplace
Through enterprise-wide programs, we continually drive product and service quality and best practices throughout our supply chain.
Total Employee Engagement
We maintain a competitive advantage by attracting diverse and dedicated talent at every level of the organization.
Progressive Environmental Stewardship
We are committed to conserving natural resources, promoting energy efficiency, and eliminating waste in our facilities, products, and processes.
For more information, see our Corporate Citizenship website.
Benefit Summary
Medtronic is driven by its Mission to be a principled, proactive citizen.
- ECONOMIC VALUE: Our efforts to be a good corporate citizen result in products that improve clinical outcomes and decrease healthcare costs, reductions in packaging waste and costs, and stimulation of local economies through supplier diversity.
- SOCIETAL IMPACT: By addressing chronic, noncommunicable diseases, we are working to help improve this global health issue. In addition, our commitment to fair labor practices, strong corporate governance, ethical supply chain management, and environmental stewardship positively impact our various stakeholders and communities.
- For more details on our societal impact, see our Corporate Citizenship Update.