Sustainability at Medtronic

Innovating for life.!

MEI Business and Environment Conference

Doug Fullen Director of Medtronic Environmental, Health and Safety

Title | Description ‹#› 2 | MDT Confidential

Revenue $15 B Employees 38,000 Countries 120 Locations 270

Medtronic 2010 Overview


Treating Many Chronic Conditions

Cardiac Rhythm Disorders

Cardiovascular Disease

Spinal Conditions and Musculoskeletal Trauma

Neurological Disorders

Urological and Digestive Disorders

Diabetes

Ear, Nose and Throat Conditions


Medtronic Environmental Mgmt Journey

Business Opportunity

Value-Added

Compliance

Reactive

Unaware

COST

Governance/Systems

Infrastructure Development

HEART Implementation

Development of EHS Websites and Tools

Commitment to Investors

Mgmt System Standard

Corporate Audit Program

Environmental Sustainability Policy

Waste reduction, improved efficiency – receive sustainability awards

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Environmental Sustainability Policy •  Eliminating Waste •  Reusing and Recycling Materials •  Purchase Sustainable Products •  Conserving Natural Resources •  Promoting Energy Efficiency •  Enhancing New Building

Construction and Facility Modification

Bill Hawkins Medtronic Chairman and CEO


Environmental Goals and Progress Assessing Our Progress Against our 2013 Goals

FY2010 % CHANGE FY2007 TO FY2010 REDUCTION STATUS

Non-Regulated Waste (Tonnes/$Billion Revenue) 768 -13% -5% ACHIEVED

Regulated Waste (Tonnes/$Billion Revenue) 86 -10% -5% ACHIEVED

Volatile Organic Compound Emissions (Tonnes/$Billion Revenue)

8.5 -38% -10% ACHIEVED

Energy Use (MWh/$Million Revenue) 30.4 -18% -10% ACHIEVED

CO2 Emissions (Tonnes/$Million Revenue) 14.3 -18% -10% ACHIEVED

Water Use (Cubic Meters/$Million Revenue) 76 -32% -10% ACHIEVED

•  Twin Cities facilities reduced energy use by 24% via conservation •  Galway, Ireland facility reduced VOC emissions by 3.5M pounds or 40% •  Tempe, AZ facility reduced water use by 50% or 46M gallons/year


Medtronic has reduced millions of pounds of waste and saved $16M in the last two years

Medtronic Sustainability Award – Sponsored by Chairman & CEO


“Go Green for Life”

Employee Website •  Provides visibility to all areas

of the company on sustainability successes

•  Supported by executive leaders

•  Company-wide approach


Sustainability Helps Drive Growth and Innovation


Questions?


Global Leadership in Addressing

Chronic Disease

Collaborative Culture of Innovation

Total Employee Engagement

Progressive Environmental Stewardship

Progressive Environmental Stewardship is a Pillar of Our Corporate Citizenship Vision


External Recognition and Awards

AWARD YEAR(s) DETAILS

Newsweek “Green Company” Rankings 2009 – 2010 Up from #66 in 2009 to #37 in 2010

Energy Star 2008 – 2010 Three locations in MN

Dow Jones Sustainability Index 2008 – 2010 Three consecutive years

MN Governor’s Environmental Award 2007 Reduced packaging and product literature by

500,000 pounds and saved $2.3M

Certification to ISO 14001 2005 – 2010 Six locations

FSTE4Good Index 2004 – 2010 Seven consecutive years

Sustainability at Medtronic

Technology

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