SDG Transparency Score for Medtronic PLC ⓘ
Low
0 - 3
Medium
4 - 6
9.3
High Impact7 - 10
Medtronic PLC - ESG Rating & Company Profile powered by AI
Industry Group:Advanced Medical Equipment & Technology
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Medtronic PLC in the Advanced Medical Equipment & Technology industry gained a UN SDG ESG Transparency Score of 9.3; made up of an environmental score of 8.0, social score of 8.0 and governance score of 8.0.
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What drives the score for Medtronic PLC ⓘ
8.0
Environmental
8.0
Social
8.0
Governance
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the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.
Peer Group Comparison
| Rank | Company | SDG Transparency Score ⓘ | Performance |
|---|---|---|---|
| 1 | Medtronic PLC | 9.3 | High |
| 2 | Hologic Inc | 8.4 | High |
| 3 | Edwards Lifesciences Corp | 8.3 | High |
| ... | ... | ... | |
| 357 | Viatar CTC Solutions Inc | 0.0 | Low |
| 357 | ZELTIQ Aesthetics Inc | 0.0 | Low |
| ... | ... | ... |
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Frequently Asked Questions
Does Medtronic PLC reference operational or capital allocation in relation to climate change?Yes
company-nameESG Disclosurefiling2021-08-02
Management group Monetary reward Emissions reduction target Energy reduction target Leaders within the Global Operations management group who oversee most of the large capital expenditure projects related to energy, GHG, water and waste infrastructure projects have personal Medtronic PLC CDP Climate Change Questionnaire 2021 Monday, August 2,
Sign Up to view this sourcecompany-nameESG Disclosurefiling2021-08-02
The Hurricane readiness program includes investment priorities for potentially affected facilities and operations to ensure continued delivery of products and services. To improve organizational resiliency, risks relating to business disruption caused by climate events have resulted more broadly in investments in energy and water efficiency projects, renewable and clean energy sources, on-site energy installations, and capital investments that improve facility resiliency. The enterprise annual financial planning process prioritizes enterprise and functional expenditures related to these types of projects. Medtronic has a dedicated budget for energy efficiency projects that can be utilized by all operations for qualified projects.
Sign Up to view this sourcecompany-nameESG Disclosurefiling2021-08-02
Medtronic's identified climate-related risk is addressed predominantly through business strategies within our functional areas including Facilities; Environmental, Health, and Safety; Business Continuity Management; and Global Energy. For example, our Hurricane readiness program includes investment priorities for potentially affected facilities and operations to ensure continued delivery of products and services. The enterprise annual financial planning process prioritizes enterprise and operations expenditures related to these types of projects. Medtronic has established a dedicated budget for energy efficiency projects that can be utilized by all operations for qualified projects.
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Potential Risks for Medtronic PLC
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Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. Its Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor systems; TYRX products; and remote monitoring and patient-centered software. It also provides aortic valves, surgical valve replacement and repair products, endovascular stent grafts and accessories, and transcatheter pulmonary valves; and percutaneous coronary intervention products, percutaneous angioplasty balloons, and products. The company's Medical Surgical Portfolio segment offers surgical stapling devices, vessel sealing instruments, wound closure, electrosurgery products, surgical artificial intelligence and robotic-assisted surgery products, hernia mechanical devices, mesh implants, gynecology and lung products, and various therapies to treat diseases, as well as products in the fields of minimally invasive gastrointestinal and hepatologic diagnostics and therapies, patient monitoring, airway management and ventilation therapies, and renal disease. Its Neuroscience Portfolio segment offers products for spinal surgeons; neurosurgeons; neurologists; pain management specialists; anesthesiologists; orthopedic surgeons; urologists; urogynecologists; interventional radiologists; ear, nose, and throat specialists; and systems that incorporate energy surgical instruments. It also provides image-guided surgery and intra-operative imaging systems and robotic guidance systems used in robot assisted spine procedures; and therapies for vasculature in and around the brain. The company's Diabetes Operating Unit segment offers insulin pumps and consumables, continuous glucose monitoring systems, smart insulin pen systems, and consumables and supplies. The company was founded in 1949 and is headquartered in Dublin, Ireland.