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Company Directory - ICU Medical, Inc.

Company Details - ICU Medical, Inc.

ICU Medical, Inc. Logo

ICU Medical, Inc.

Website

NASDAQ: ICUI 

ICU Medical is a global infusion therapy company that provides innovative medical devices for infusion therapy, critical care, and oncology.

CCI Score

CCI Score: ICU Medical, Inc.

23.31

-0.02%

Latest Event

Modern Slavery and Human Trafficking Statement Implementation

ICU Medical released a comprehensive Modern Slavery and Human Trafficking Statement outlining its due diligence processes, supplier audits, employee training, and policy enforcement measures to prevent slavery and human trafficking in its supply chains and internal operations for FY23.

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SABOTEUR

ICU Medical, Inc. is currently rated as a Saboteur.

+10 to +24 CCI Score
Companies in this bracket take more subtle actions to undermine authoritarian practices. They might implement internal policies or support reforms that quietly weaken oppressive systems, contributing to change in less overt ways.

Latest Events

  • Modern Slavery and Human Trafficking Statement Implementation Logo
    SEP
    01
    2024

    ICU Medical released a comprehensive Modern Slavery and Human Trafficking Statement outlining its due diligence processes, supplier audits, employee training, and policy enforcement measures to prevent slavery and human trafficking in its supply chains and internal operations for FY23.

  • +60

    Labor Relations and Human Rights Practices

    March 28

    The statement details proactive measures regarding employee training and internal policies that reinforce ethical labor practices and human rights standards, indicating a positive stance in protecting workers and vulnerable communities.

    Modern Slavery and Human Trafficking Statement

  • +70

    Supply Chain Ethics

    March 28

    ICU Medical’s comprehensive due diligence procedures, including supplier questionnaires, on-site audits, and a stringent Supplier Code of Conduct, demonstrate a significant commitment to eliminating the risks of slavery and human trafficking from its supply chain.

    Modern Slavery and Human Trafficking Statement

  • ICU Medical Modern Slavery and Human Trafficking Compliance Statement Logo
    SEP
    01
    2024

    ICU Medical released its Modern Slavery and Human Trafficking Statement detailing its adherence to the California Transparency in Supply Chains Act and the UK Modern Slavery Act 2015. The statement outlines rigorous measures including supplier due diligence, on-site audits, corrective actions, and mandatory employee training to eliminate forced labor and human trafficking across its supply chain.

  • +80

    Labor Relations and Human Rights Practices

    March 28

    ICU Medical's statement explicitly addresses labor practices by enforcing a strict Code of Conduct and mandatory training to protect workers' rights, ensuring that suppliers are audited and held accountable for any breaches. This proactive approach to safeguarding human rights in its supply chain reflects strong anti-fascist and progressive corporate ethics.

    Modern Slavery and Human Trafficking Statement

  • +80

    Supply Chain Ethics

    March 28

    The company demonstrates a high standard of supply chain ethics by requiring suppliers to comply with a stringent Supplier Code of Conduct, administering questionnaires for high-risk regions, and performing on-site audits to eliminate any risk of slavery, forced labor, or human trafficking. These measures support ethical business practices and a commitment to human rights.

    Modern Slavery and Human Trafficking Statement

  • ICU Medical Reports Zero Political Contributions for 2023-2024 Cycle Logo
    DEC
    31
    2023

    According to an OpenSecrets PAC Profile, ICU Medical reported raising $0 in the 2023-2024 election cycle. This absence of political donations suggests the company is not financially backing political agendas that could support authoritarian or far‐right causes.

  • +70

    Political Contributions and Lobbying Efforts

    March 28

    ICU Medical's reported lack of political contributions in the 2023-2024 cycle is viewed positively from an anti-authoritarian perspective. The absence of PAC funding reduces the risk of the company indirectly supporting political agendas that may bolster authoritarian or far‐right ideologies. This non-engagement in political fundraising is considered a positive indicator in terms of ethical political behavior.

    PAC Profile: ICU Medical – OpenSecrets

  • ICU Medical Publishes Supplier Code of Conduct Logo
    OCT
    01
    2023

    ICU Medical, Inc. released its Supplier Code of Conduct outlining strict expectations for suppliers to adhere to high ethical standards, comply with all applicable laws, and follow its Human Rights Policy. This initiative emphasizes accountability across the supply chain and aligns with principles of labor rights and ethical business practices.

  • +60

    Supply Chain Ethics

    March 28

    The Supplier Code of Conduct mandates that suppliers comply with ethical guidelines and human rights policies, demonstrating a proactive approach to maintaining a responsible supply chain. This measure promotes accountability and transparency in business practices, aligning with anti-authoritarian and anti-fascist values.

    Supplier Code of Conduct

  • +50

    Labor Relations and Human Rights Practices

    March 28

    By requiring adherence to its Human Rights Policy and compliance with relevant laws, ICU Medical is reinforcing fair labor practices and safeguarding worker rights within its supply chain, which supports anti-fascist principles and ethical business conduct.

    Supplier Code of Conduct

  • ICU Medical PAC Revealed in FEC Filing Logo
    OCT
    01
    2023

    The FEC record indicates that ICU Medical, Inc. is connected to the Medical Device Innovation PAC, a political action committee that channels corporate contributions into the political arena. The record includes details such as the committee's mailing address and treasury designation, highlighting the company’s engagement in political contributions.

  • -20

    Political Contributions and Lobbying Efforts

    March 28

    The existence of the Medical Device Innovation PAC, tied to ICU Medical, Inc., underscores the company’s active involvement in political contributions. From an anti-fascist perspective, such corporate political engagement is viewed critically as a means to exert undue influence over public policy, even though there is no direct evidence of supporting far‑right or authoritarian candidates. Nevertheless, corporate political contributions via PACs are inherently seen as compromising democratic accountability and transparency.

    MEDICAL DEVICE INNOVATION PAC, A POLITICAL ACTION COMMITTEE OF ICU MEDICAL, INC. - committee overview

  • ICU Medical Adopts Strong Human Rights Policy Logo
    OCT
    01
    2023

    ICU Medical, Inc. has published a comprehensive Human Rights Policy that sets strict standards against human rights abuses, forced labor, modern slavery, and discrimination. The policy commits to protecting ICU Medical Personnel and requires all suppliers to uphold similar ethical standards, reinforcing positive labor practices and supply chain accountability.

  • +80

    Labor Relations and Human Rights Practices

    March 28

    The policy explicitly prohibits all forms of labor exploitation – including forced labor, child labor, and harassment – and mandates fair wages, safe working conditions, and non-discrimination. This demonstrates a strong commitment to human rights and ethical treatment of workers, which is a positive, anti-fascist corporate stance.

    Human Rights Policy - ICU Medical

  • +75

    Supply Chain Ethics

    March 28

    The policy extends its ethical standards to ICU Medical's entire supply chain, requiring suppliers and labor providers to adhere to the same rigorous human rights protections. This promotes ethical sourcing and supply chain transparency, further bolstering anti-authoritarian and worker-centric practices.

    Human Rights Policy - ICU Medical

  • Facility Closure and Job Cuts at Oakdale, Minnesota Logo
    AUG
    17
    2023

    ICU Medical announced the permanent closure of its Minnesota facility in Oakdale with a planned layoff of 81 employees, as indicated by a WARN letter dated August 17, 2023. The decision, impacting non-union workers lacking bumping rights, raises concerns over the company’s labor practices in challenging economic conditions.

  • -60

    Labor Relations and Human Rights Practices

    March 28

    The planned closure and associated layoffs adversely affect worker rights, particularly as employees are not union-represented and lack bumping rights. This decision reflects problematic labor practices and a disregard for fair labor treatment, which is deeply concerning from an anti-fascist, pro-worker perspective.

    ICU Medical to close Minnesota facility, cut 81 jobs

  • ICU Medical Facility Closure and Layoffs Logo
    AUG
    17
    2023

    ICU Medical announced the permanent closure of its Oakdale facility and the layoff of 81 employees starting in October 2023. The closure, communicated in a letter to local officials, noted that affected workers are not unionized and have no bumping rights, raising concerns about labor rights and worker protections.

  • -60

    Labor Relations and Human Rights Practices

    March 28

    The decision to permanently close the Oakdale facility and lay off 81 employees—none of whom are represented by a union or have bumping rights—demonstrates a disregard for worker rights and fair labor practices. This move severely undermines labor protection and is harmful to community job security, thereby earning a negative score on the Labor Relations and Human Rights Practices category.

    ICU Medical to permanently close, announces dozens of layoffs

  • ICU Medical Conflict Minerals and Supply Chain Ethics Disclosure Logo
    JUL
    01
    2010

    ICU Medical disclosed its commitment to comply with the Dodd-Frank Act by ensuring that it does not inadvertently support organizations or groups that exploit or abuse human rights through its supply-chain activities. The company affirms that it will not knowingly provide funds to vendors implicated in financing non-government military groups or unlawful military factions, thereby upholding ethical supply chain practices.

  • +80

    Supply Chain Ethics

    March 28

    ICU Medical's disclosure emphasizes a proactive stance in vetting and monitoring its supply chain for any links to organizations that abuse human rights. By ensuring that its suppliers provide documentation to confirm that conflict minerals are not sourced from problematic regions, ICU Medical distinguishes itself as a company committed to ethical business practices and supply chain integrity. This commitment supports a broader anti-authoritarian perspective by rejecting any inadvertent financial support to groups that may be involved in human rights abuses.

    Dodd-Frank Wall Street Reform and Consumer Protection Act Disclosure

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