FY2016 Integrated Report Citizenship

Our Global Impact

Medtronic is leading the evolution of global healthcare with a transformative business strategy. Our approach combines meaningful innovation in therapies, products, and systems with value-based, cost-efficient healthcare models; and technologies and partnerships that open the door to quality care for more people around the world.

This strategy has produced significant results. More than 65 million people benefited from Medtronic technologies — two every second — as we helped our customers deliver more seamless, integrated care for patients across the healthcare continuum.

Learn more about our financial, social, and economic impact in the FY2016 Integrated Performance Report. This annual report is organized primarily around our most material sustainability issues. These are global access to healthcare, product quality, product stewardship, responsible sourcing, and ethics in sales and marketing.

In FY2016, Medtronic:

  • Delivered strong financial results with $28.8 billion in revenue and $3.5 billion in net earnings
  • Invested $2.2 billion in research and development (R&D), representing 7.7 percent of net sales
  • Donated more than 2 percent of pre-tax profits — $114.6 million — to charitable causes
  • Increased healthcare capacity and access by investing more than $152 million in training for approximately 60,000 medical professionals
  • Progressed to meet our goal to reduce operational energy use and greenhouse gas emissions by 15 percent by 2020 from a FY2013 baseline

Read the FY2016 Integrated Performance Report for a transparent overview of our social and environmental impact.