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Company Directory - Medtronic

Company Details - Medtronic

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Medtronic

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Medtronic is a global leader in medical technology, services, and solutions, providing medical devices and therapies for various health conditions.

CCI Score

CCI Score: Medtronic

5.16

Latest Event

Medtronic Partners with Adam Savage to Promote Longevity Science

Medtronic has partnered with former 'MythBusters' star Adam Savage to explore the science of longevity and healthy lifestyles. The initiative highlights Medtronic's innovations in AI-driven healthcare monitoring, robotic-assisted surgeries, and advanced pacemakers aimed at enhancing quality of life.

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OBJECTOR

Medtronic is currently rated as an Objector.

0 to +9 CCI Score
These companies deliberately avoid direct involvement with authoritarian practices. While they do not actively challenge oppressive regimes, they maintain a neutral stance to ensure they are not complicit in supporting such systems.

Latest Events

  • Medtronic Partners with Adam Savage to Promote Longevity Science Logo
    APR
    03
    2025

    Medtronic has partnered with former 'MythBusters' star Adam Savage to explore the science of longevity and healthy lifestyles. The initiative highlights Medtronic's innovations in AI-driven healthcare monitoring, robotic-assisted surgeries, and advanced pacemakers aimed at enhancing quality of life.

  • Medtronic's High Lobbying Spending and Revolving Door Practices Logo
    FEB
    19
    2025

    An OpenSecrets profile reveals that Medtronic spent $4.29 million on lobbying in 2024, with a significant portion of its lobbyists coming from government positions. This revolving door practice raises concerns about corporate influence and potential conflicts of interest in shaping public policy.

  • -40

    Political Contributions and Lobbying Efforts

    March 29

    Medtronic's reported lobbying expenditure of $4.29 million in 2024, combined with a high percentage (around 80-77% in respective years) of lobbyists with previous government employment, suggests deliberate efforts to leverage political connections. Such practices can contribute to undue corporate influence over public policy, reflecting anti-democratic tendencies that align with authoritarian practices.

    Medtronic Inc Profile: Summary • OpenSecrets

  • Medtronic Implements Transparent Political Contribution Policy Logo
    DEC
    31
    2024

    Medtronic’s political contribution policy, published on Dec 31, 2024, mandates that all corporate political contributions undergo review by a three‐member Corporate Political Fund Committee—including the CFO, General Counsel, and Vice President of Government Affairs—with annual oversight by the Board’s Nominating and Corporate Governance Committee. This structured approach is intended to ensure that contributions are made in line with clearly defined guidelines and legal standards.

  • +20

    Political Contributions and Lobbying Efforts

    March 29

    The policy establishes a formal, multi-layered review process for political contributions, which enhances transparency and accountability. By involving multiple senior officers and a board committee, Medtronic reduces the risk of unilateral decision-making that could favor partisan or authoritarian interests. This robust mechanism is viewed favorably from an anti‑fascist perspective as it promotes responsible corporate engagement in the political process.

    Political contribution policy

  • Whistleblower Exposes Unethical Kickback Practices at Medtronic Logo
    DEC
    03
    2024

    A former Medtronic sales representative, Leanne Houston, has exposed that Medtronic used kickbacks to secure exclusive hospital contracts, prioritizing profit over patient safety. The revelations also allege that the company continued to market its GIA 80 surgical stapler despite malfunctions resulting in patient injuries and deaths.

  • -80

    Business Practices and Ethical Responsibility

    March 29

    Medtronic is accused of engaging in unethical business practices by using kickbacks to secure hospital contracts, which not only undermine ethical standards but also jeopardize patient safety. The alleged cover-up of critical issues with the GIA 80 surgical stapler further highlights a prioritization of corporate profit over human well-being.

    Unveiling the Dark Side of Medical Devices: Investigating Corporate Ethics and Patient Safety

  • Commitment to Human Rights Policy Logo
    OCT
    01
    2023

    Medtronic published a statement on its website committing to a work environment free from forced labor, human trafficking, slavery, and all forms of coercive labor practices throughout its organization and supply chain.

  • +90

    Labor Relations and Human Rights Practices

    March 29

    Medtronic’s explicit commitment to ensuring voluntary work conditions and rejecting forced labor demonstrates a strong adherence to labor rights and human rights practices, making it a positive, anti-authoritarian stance.

    Commitment to Human Rights

  • +90

    Supply Chain Ethics

    March 29

    The policy’s clear extension to Medtronic’s supply chain ensures ethical sourcing practices by rejecting any form of coerced or forced labor, reinforcing its commitment to human rights at all levels.

    Commitment to Human Rights

  • Medtronic Enhances Supply Chain Transparency Logo
    OCT
    01
    2023

    Medtronic disclosed its adherence to the California Transparency in Supply Chains Act, outlining measures to eradicate slavery and human trafficking from its supplier networks as part of its commitment to ethical business practices and global human rights standards.

  • +70

    Supply Chain Ethics

    March 29

    Medtronic's public disclosure in compliance with the California Transparency in Supply Chains Act demonstrates a commitment to ensuring its supply chain is free from modern slavery and human trafficking. This ethical practice promotes transparency and supports marginalized communities by holding suppliers to high human rights standards, aligning with progressive, anti-authoritarian values.

    California Transparency in Supply Chains Act | Medtronic

  • Medtronic Fails to Dismiss Heart Device Kickback Claims Logo
    AUG
    15
    2023

    A court ruling on August 15, 2023, allowed most allegations in a whistleblower lawsuit to proceed. The claims allege that Medtronic engaged in unethical practices by incentivizing physicians to use its peripheral artery disease devices unnecessarily—allegedly through kickbacks and financial inducements that contributed to improper government billing.

  • -40

    Public and Political Behavior

    March 29

    Medtronic’s attempt to have the whistleblower allegations dismissed reflects a problematic stance in public and political behavior. The effort to limit accountability—especially in a case involving government billing and potential ethical lapses—raises concerns about the company’s approach to transparency and public responsibility.

    Medtronic's bid to dismiss heart device kickback claims fails

  • -80

    Business Practices and Ethical Responsibility

    March 29

    The lawsuit alleges that Medtronic engaged in unethical business practices, including incentivizing physicians to use devices unnecessarily and possibly orchestrating kickbacks. Such practices undermine ethical responsibility and patient care, indicating a priority of profit over proper medical conduct.

    Medtronic's bid to dismiss heart device kickback claims fails

  • Medtronic Human Rights Due Diligence Implementation Logo
    JAN
    01
    2023

    Medtronic has established a comprehensive human rights due diligence program that includes annual and triennial risk assessments of its internal and commercial facilities. The program reviews various human rights risks such as child labor, forced labor, fair treatment, freedom of association, health and safety, and remuneration. Moreover, the inclusion of an anonymous 'Voice Your Concern' hotline for reporting issues further supports the company's commitment to addressing human rights complaints.

  • +70

    Labor Relations and Human Rights Practices

    March 29

    The implementation of a robust human rights due diligence system by Medtronic, which includes regular risk assessments and a complaint hotline, demonstrates a proactive commitment to upholding labor rights and mitigating risks such as forced labor and child labor. This positive measure supports fair labor practices and worker protection, earning a high score in the Labor Relations and Human Rights Practices category.

    Human Rights Due Diligence - Medtronic

  • Medtronic PAC Contributions in 2019-2020 Logo
    DEC
    31
    2020

    Medtronic Inc’s political action committee raised $431,185 during the 2019-2020 election cycle, as reported by OpenSecrets. The report provides transparency into the company’s political contributions without any explicit evidence of funding authoritarian or far‐right activities.

  • +0

    Political Contributions and Lobbying Efforts

    March 29

    The OpenSecrets report indicates that Medtronic Inc’s PAC raised $431,185 during the 2019-2020 election cycle. There is no evidence presented that these funds were used in support of authoritarian candidates or policies. The transparent disclosure of campaign finance data, while highlighting political activity, does not demonstrate a pro-authoritarian stance; thus, a neutral score is assigned.

    PAC Profile: Medtronic Inc - OpenSecrets

  • Whistleblower Accuses Medtronic of Prioritizing Profit over Patient Safety Logo
    SEP
    01
    2018

    A whistleblower and multiple surgeons have accused Medtronic of engaging in unethical business practices, including covering up device malfunctions, providing kickbacks to force hospital conversion, and compromising patient safety. The allegations detail incidents from 2018 where faulty surgical staplers led to patient injuries, and internal communications revealed strategies aimed at locking out competition through economic coercion.

  • -80

    Business Practices and Ethical Responsibility

    March 29

    The whistleblower's detailed allegations expose unethical business practices at Medtronic, including kickbacks to hospitals, cover-ups of device malfunctions, and practices that prioritized profit over patient safety. Such actions reflect a significant breach of ethical responsibility in their business practices.

    Whistleblower accuses medical tech giant Medtronic of putting ‘profit before patients’

  • -75

    Economic and Structural Influence

    March 29

    Medtronic's alleged hospital conversion strategy—delivering free generators and orchestrating device conversions—demonstrates the use of economic power to stifle competition and pressure hospitals into exclusive relationships, thereby compromising ethical standards and patient care.

    Whistleblower accuses medical tech giant Medtronic of putting ‘profit before patients’

Industries

339112
Surgical and Medical Instrument Manufacturing
339113
Surgical Appliance and Supplies Manufacturing
423450
Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers
541715
Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
621511
Medical Laboratories