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Medtronic: Green Flags To Look For in ID&E Reporting

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Medtronic highlights its commitment to inclusion, diversity, and equity (ID&E) in its Annual Report, focusing on efforts to build and maintain an inclusive culture, representation goals, and sharing actionable progress with data and real employee stories.
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When it comes to inclusion, diversity, and equity reporting - not all reports are created equal

NORTHAMPTON, MA / ACCESSWIRE / February 6, 2024 / Following the pandemic and social unrest of 2020, many organizations prioritized inclusion, diversity, and equity (ID&E) to foster a more inclusive and equitable workplace, address systemic inequities, and promote a sense of belonging among their diverse workforces. But what actually drives impact?

When reviewing an organization's reporting on ID&E, here are a few "green flags" - or positive signs - to look out for:

  • Reporting on more than representation. While representation goals help measure progress in diversifying teams and advancing equity for underrepresented populations, the story begins long before that. It's important to look at whether an organization is approaching ID&E the right way - through efforts like leadership accountability, inclusive hiring practices, and equitable access to development and sponsorship opportunities. The report should focus on efforts to build and maintain an inclusive culture for all, not just select representation numbers.
  • Including the voices of real people - the employees. Cultivating a culture of belonging means sharing the stories and voices of employees. In order to build belonging, all employees need opportunities to connect, thrive and educate each other. How do we know if these programs are benefitting employees? We need to hear testimonials and success stories from the employees themselves.
    For example, we know that degree requirements can be a barrier to talented candidates, including ethnically diverse groups and veterans, when it comes to advancing their careers. And for us at Medtronic, hearing from employees like Candi Sneed, who leveraged our Medtronic Advancement Pathways and Skill-building (MAPS) program, brings our impact to life. We provide 100% upfront college tuition directly to an academic institution for eligible employees, without the need for reimbursement. And because we helped remove that barrier, Sneed completed her degree in Electrical Engineering, making her the first link in the chain of future engineers for her family.
  • Sharing actionable progress and impact. While sharing progress with data is critical to transparency, equally as important is sharing the actions taken to get there. Working toward true inclusion, diversity, and equity requires naming the barrier, addressing it with action, and reporting on the scale of the impact.

This year's Global Inclusion, Diversity & Equity Annual Report highlights the progress Medtronic is making to drive real impact toward zero barriers to opportunity. We commit to this work - that's embedded in our Mission - because we believe diverse teams generate new ideas, drive more product innovations, and ultimately, help us serve more patients around the world. And, as leaders in the ID&E space, our report shares trends we're seeing and our approach to them. Read the full report here.



View additional multimedia and more ESG storytelling from Medtronic on 3blmedia.com.

Contact Info:
Spokesperson: Medtronic
Website: https://www.3blmedia.com/profiles/medtronic
Email: info@3blmedia.com

SOURCE: Medtronic



View the original press release on accesswire.com

FAQ

What is the focus of Medtronic's Annual Report?

Medtronic's Annual Report focuses on inclusion, diversity, and equity (ID&E) efforts to build and maintain an inclusive culture, representation goals, and sharing actionable progress with data and real employee stories.

What are some 'green flags' to look for in an organization's ID&E reporting?

Some 'green flags' in ID&E reporting include focusing on more than representation, including the voices of real employees, and sharing actionable progress and impact.

What are some examples of Medtronic's efforts to promote ID&E?

Medtronic provides examples of efforts to promote ID&E, such as the Medtronic Advancement Pathways and Skill-building (MAPS) program, which provides 100% upfront college tuition for eligible employees without the need for reimbursement.

Where can the full report be accessed?

The full report can be accessed on the Medtronic website.

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Medtronic plc is an American medical device company. The companys operational and executive headquarters are in Minneapolis, Minnesota, and its legal headquarters are in Ireland due to its acquisition of Irish-based Covidien in 2015.