Medtronic Continues Membership in the Dow Jones Sustainability Index and FTSE4Good Index
MINNEAPOLIS-(Business Wire)-September 28, 2009 - Recognizing its leadership in meeting the needs of economic, environmental, and social stakeholders, Medtronic, Inc. (NYSE: MDT) has been named a member company in the Dow Jones Sustainability Index (DJSI) for North America and the FTSE4Good Index Series.
In addition, the company was ranked No. 2 in the Healthcare Industry Sector of Newsweek Magazine’s 2009 Green Rankings published in the Sept. 28, 2009 issue. Medtronic was included in the top 15 percent of the 500 companies ranked in the magazine’s first-ever Green Rankings report, which looks at results of a Green Policies Score, an Environmental Impact Score and a Reputation Score to rank the 500 largest U.S.-based companies.
“We are honored by our continued inclusion in the DJSI and FTSE4Good Indices as well as the impressive ranking in the first-ever Green Rankings from Newsweek,” said Bill Hawkins, Medtronic’s chairman and CEO. “Our mission to contribute to human welfare with products, therapies and services that help millions of people around the world return to a full life continues to serve as the foundation of everything we do. Promoting a sustainable world is vital to our future and I’m pleased with our continued progress as we advance the Medtronic Mission and create long-term sustainable value for all of our stakeholders.”
Medtronic’s 2009 Environmental Health and Safety update to its inaugural Corporate Responsibility Report can be accessed at http://www.medtronic.com/about-medtronic/corporate-responsibility.
Launched in 1999, the Dow Jones Sustainability Indexes identify best-in-class companies through an integrated assessment of economic, environmental and social criteria with a strong focus on long-term shareholder value, assessing issues such as corporate governance, risk management, branding, climate change mitigation, supply chain standards and labor practices. Currently 70 DJSI licenses are held by asset managers in 16 countries to manage a variety of financial products including active and passive funds, certificates and segregated accounts. In total, these licensees presently manage close to 6 billion USD based on the DJSI. For more information about the DJSI, visit http://www.sustainability-indexes.com.
The FTSE4Good Index Series has been designed to measure the performance of companies that meet globally recognized corporate responsibility standards, and to facilitate the investment in those companies. It is calculated by the global index provider FTSE Group. For more information about the FTSE4Good Index Series, visit http://www.ftse.com/ftse4good.
Newsweek’s 2009 Green Rankings assess U.S. companies and their actual resource use, emissions and policies and strategies, along with their reputations among peers. The 500 companies included in the ranking are the largest U.S. companies as measured by revenue, market capitalization and number of employees. The 2009 Green Rankings are a product of a year-long collaboration between CorporateRegistrar.com, Newsweek and environmental research firms KLD Research & Analytics and Trucost. Methodology of this ranking can be found at www.newsweek.com/id/215522#EIC
About Medtronic
Medtronic, Inc. (www.medtronic.com), headquartered in Minneapolis, is the global leader in medical technology—alleviating pain, restoring health, and extending life for millions of people around the world.
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