Medtronic PLC

Health Care Equipment and Services

Risk Level:

Rating - Caution
Medium Risk

Summary:

Medtronic has not publicly terminated business relationships for any reasons, though it does vet suppliers according to its LGBTQ policies. The company does not have viewpoint protections for its employees. Medtronic has supported the Equality Act, opposed the protections of female sports, and has held educational trainings for employees on topics such as "systemic racism." Medtronic does not allow donations to churches or "hate groups." For these reasons, Medtronic receives a "Medium Risk" rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

There are no publicly known cases of Medtronic terminating business relationships due to religious or political beliefs. Medtronic received a score of 100 on the Corporate Equality Index from the Human Rights Campaign (HRC). Among other requirements, this means the company has pledged to vet vendors based on LGBTQ policies (1).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

Medtronic matches employee donations to registered 501(c)(3) charities but does not permit donations to houses of worship or to “hate groups” (1)(2)(3). However, Medtronic’s grant program does not appear to discriminate against religious groups (4).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Medtronic does not protect employees from viewpoint discrimination (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Medtronic has signed an open letter in support of the Equality Act (1). The company also opposes state legislation protecting female sports (2). Medtronic has also held “Days of Action for Racial Equity,” during which employees learn about concepts such as systemic racism (3).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Medtronic is a Bronze partner of the HRC (1). Medtronic has expanded travel benefits for employee healthcare plans following the overturning of Roe v. Wade; however, the company has not designated the specifics of the policy change  (2).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

Medtronic gives to two PACs, one bearing the company name and another, AvaMed, which is a trade association PAC (1). Neither PAC gives to ideological funds, and both give in a bipartisan manner (2)(3).

All links were last accessed and all information was updated on:
December 27, 2022

Company reports are intended for educational use only. Full Disclaimer

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