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Zero Barriers: Medtronic Supplier Diversity Efforts Go Global

Excerpts from the 2021 Medtronic Inclusion, Diversity & Equity Report

Zero Barriers: Medtronic Supplier Diversity Efforts Go Global

Excerpts from the 2021 Medtronic Inclusion, Diversity & Equity Report

Published 03-17-22

Submitted by Medtronic

Zero Barriers: Medtronic supplier diversity efforts go global

Amplifying our impact beyond Medtronic

We know we cannot break down systemic inequities if we are focused only on change within our organization. To create real change, we must address the barriers that impact our industry and communities we serve. That is how we will amplify our impact beyond Medtronic.

Our diverse supplier base drives sustainable economic change in communities with every contract signed and every job created. We’re advancing gender and ethnic diversity in science, technology, engineering, and mathematics (STEM) careers to help ensure talent reflects the populations we aim to serve. And we’re taking an active role in partnering to reduce healthcare disparities.

Our supplier diversity efforts go global

At Medtronic, we partner with diverse-owned suppliers to help bring our lifesaving technologies to patients who need them all over the world. We are honored to be named No. 3 on the DiversityInc Top Companies for Supplier Diversity list — and are motivated to expand our impact further around the globe.

In 2021, we launched our International Diverse Supplier program in the Europe, Middle East and Africa (EMEA) and Latin America (LATAM) regions. Although still in the early stages, we are focusing on partnering with women-owned businesses in those regions.

Working with diverse-owned businesses is not about altruism or compliance. It is about stimulating long-term economic impact by creating jobs and opportunities for the underserved communities. In the U.S. alone, we supported nearly 28,000 jobs for small and diverse-owned suppliers and stimulated $4.3 billion in economic production activity. Building economic opportunity creates avenues to wealth, education and improved health for generations to come.

Spotlight: Masoom Training Solutions

  • Masoom is a woman-owned, Black-owned business in Johannesburg, South Africa.
  • It provides human resources training to Medtronic and is one of our first global diverse suppliers.
  • Partnering with suppliers like Masoom improves our competitiveness in the local market and provides businesses like Masoom more opportunities to grow, ultimately creating local economic impact.

Learn more about our inclusion, diversity & equity efforts.

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Bold thinking. Bolder actions. We are Medtronic.

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions. Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000+ passionate people. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world.

In everything we do, we are engineering the extraordinary.

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