Company Directory - Medtronic
Company Details - Medtronic

Medtronic
WebsiteMedtronic 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.
Latest Events
- APR032025
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.
- FEB192025
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.
- DEC312024
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.
- DEC032024
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
- OCT012023
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.
+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.
- OCT012023
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.
- AUG152023
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
- JAN012023
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.
- DEC312020
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.
- SEP012018
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’
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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