Medtronic

Visit at https://www.medtronic.com/en-us/index.html
Medtronic logo

Medtronic is a leading medical device company that develops and manufactures healthcare technologies and therapies to address major health challenges. It operates globally, offering a wide range of innovative solutions.

Positive signals

Sustainalytics rates Medtronic as having a medium ESG risk, reflecting moderate exposure to material ESG issues and reasonable management of those risks as of March 2025.

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Medtronic's ESG risk level is assessed as 'medium,' with strong performance in corporate governance and management of ESG issues globally, according to a 2024 independent financial compliance review.

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Concerns

Improper payments and kickbacks

HIGH
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Product recalls and legal complaints

HIGH
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Recent lawsuits have alleged that some of Medtronic's products caused severe patient injury, and a whistleblower case unsealed in 2023 alleged that Medtronic bribed officials at a Department of Veterans Affairs Hospital to secure device purchases. Medtronic denies these allegations.

HIGH
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Medtronic paid $8.1 million to the U.S. Department of Justice in 2020 to resolve allegations that it paid kickbacks to a South Dakota neurosurgeon, violating federal anti-kickback statutes.

CRITICAL
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False Claims Act allegations related to medical procedures

HIGH
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Alternatives

Abbott logo
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