Medtronic has scooped a well-earned place on the JUST 100: America’s Best Corporate Citizens list. Compiled by Forbes and JUST Capital, the list is composed of the nation’s top 100 publicly traded companies that scored highest on criteria such as diversity and inclusion, product quality, environmental impact, and philanthropy.
"In 1960, our late co-founder Earl Bakken crafted the Medtronic Mission, which continues to guide the way we work today. It defines our purpose — a technology company dedicated to improving patient outcomes — and our ongoing commitment to the reliability and quality of our products. But it says so much more. It mandates we recognize the personal worth of all our employees, to operate as an organization known for its dedication, honesty, integrity and service, and to maintain good corporate citizenship," says Omar Ishrak, Medtronic chairman and chief executive officer.
"It is an honor to be named one of the Most JUST companies, as it acknowledges how our Mission has been brought to life by the efforts of our employees around the world. This recognition is also an affirmation that our commitment to the Mission — which was novel when written nearly 60 years ago — remains relevant and vital for our future."
Report card for Corporate America
To determine rankings for what Forbes and JUST Capital tout as “the report card for corporate America,” more than 81,000 Americans were surveyed over four years and asked what they wanted businesses to focus on most. Areas of highest interest to survey respondents included fair treatment of employees, job creation, customer treatment, and product quality.
Of the hundreds of companies analyzed, the top 100 outperformed their peers on issues like fair pay and good benefits, customer treatment and privacy, beneficial products, environmental impact, job creation, community support in the U.S. and abroad, as well as ethical leadership and long-term financial growth.
“America’s Most JUST Companies consistently outperform their peers in job creation, wages, work-life balance, environmental impact, and return on equity,” says Martin Whittaker, CEO of JUST Capital. “Aligning corporate behavior with the priorities of the American people is good for communities and good for business.”
In its evaluation of Medtronic, Forbes and JUST Capital noted that Medtronic ranks highly across a variety of categories, including its new family care leave benefits, safe workplace and equal opportunity policies, environmental protection and sustainability efforts, community engagement, and corporate philanthropy.
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