Medtronic Releases Fiscal Year 2017 Integrated Performance Report
(Thomson Reuters ONE) -
Report Highlights Company's Global Financial, Social, and Environmental Impact
DUBLIN - November 2, 2017 - Medtronic plc (NYSE:MDT) announces the release of
its fiscal year 2017 Integrated Performance Report. The report highlights the
combined financial, social, and environmental impact of Medtronic.
The FY2017 Integrated Performance Report details the company's commitment to
addressing business and industry challenges. Based on the Global Reporting
Initiative (GRI) G4 Guidelines, it's organized around the Medtronic
sustainability material issues:
* Access to Care
* Product Quality
* Product Stewardship
* Responsible Supply Management
* Ethics in Sales and Marketing
A tenet of the Medtronic Mission - to maintain good citizenship as a company -
drives a sense of purpose and responsibility to not only deliver the highest
quality products, therapies, and services to patients, but to also support
healthy communities in the areas in which it operates.
In fiscal year 2017, Medtronic:
* Invested $2.2 billion in research and development, representing 7.4 percent
of net sales
* Launched Medtronic Labs, a new initiative designed to deliver financially
sustainable businesses that expand access and reduce health inequality in
emerging markets
* Invested $139.7 million in capacity building and training for medical
professionals and $22.6 million in patient education
* Donated $101.8 million to charitable causes through corporate cash
contributions, giving through the Medtronic Foundation, product donations,
and employee volunteering
* Invested more than $76 million in employee training and development programs
* Reached early achievements of four of its 2020 Environmental Performance
Goals, including reductions in energy, emissions, waste, and water
The report and Global Reporting Initiative (GRI) Supplement is available for
download at www.medtronic.com/SustainabilityReport.
About Medtronic
Medtronic plc (www.medtronic.com), headquartered in Dublin, Ireland, is among
the world's largest medical technology, services and solutions companies -
alleviating pain, restoring health and extending life for millions of people
around the world. Medtronic employs more than 84,000 people worldwide, serving
physicians, hospitals and patients in approximately 160 countries. The company
is focused on collaborating with stakeholders around the world to take
healthcare Further, Together.
Any forward-looking statements in this release or the 2017 Integrated
Performance Report are subject to risks and uncertainties such as those
described in Medtronic's periodic reports on file with the Securities and
Exchange Commission. Actual results may differ materially from anticipated
results.
-end-
Contacts:
Fernando Vivanco
Public Relations
+1-763-505-3780
Ryan Weispfenning
Investor Relations
+1-763-505-4626
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Medtronic plc via GlobeNewswire
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Datum: 02.11.2017 - 19:00 Uhr
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