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MEI Business and Environment
          Conference
Doug Fullen
Director of Medtronic Environmental, Health and Safety




                                    Innovating for life.
                                                       !
Medtronic 2010 Overview




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




                                         2 | MDT Confidential
‹#›   Title | Description
Treating Many Chronic Conditions

                            Neurological Disorders
Cardiac Rhythm Disorders

                                Ear, Nose and Throat
Cardiovascular Disease          Conditions


                                   Spinal Conditions and
 Urological and                    Musculoskeletal Trauma
 Digestive Disorders


                                           Diabetes




                                   3 | MDT Confidential
‹#›   Title | Description
Medtronic Environmental Mgmt Journey

                                                                                        Governance/
                                       Compliance
                                                                                         Systems
                                                           •                      •
                                                               Mgmt System Standard
                                                                                      Environmental Sustainability Policy



                                                      •                                 •
COST




                                                                                            Waste reduction, improved efficiency –
                                                        Commitment to Investors             receive sustainability awards

                                  Reactive        • Corporate Audit Program
                                                                                               Value-Added

                                             • Development of EHS Websites and Tools


                    Unaware            • HEART Implementation
                                                                                                                 Business
                                                                                                                Opportunity
                              •   Infrastructure Development




                                                                                                   4 | MDT Confidential
  ‹#›   Title | Description
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


                                            5 | MDT Confidential
     ‹#›   Title | Description
Environmental Goals and Progress
                             Assessing Our Progress Against our 2013 Goals
                                                     % CHANGE
                                        FY2010                        REDUCTION                STATUS
                                                  FY2007 TO FY2010

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

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

      Volatile Organic
      Compound Emissions                 8.5           -38%              -10%                  ACHIEVED
      (Tonnes/$Billion Revenue)

      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
                                                                        6 | MDT Confidential
‹#›    Title | Description
Medtronic Sustainability Award
 – Sponsored by Chairman & CEO




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


                                  7 | MDT Confidential
‹#›   Title | Description
Go Green for Life
Employee Website
•  Provides visibility to all areas
   of the company on
   sustainability
   successes
•  Supported by executive
   leaders
•  Company-wide approach


                                           8 | MDT Confidential
 ‹#›   Title | Description
Sustainability Helps Drive Growth and Innovation




                                 9 | MDT Confidential
 ‹#›   Title | Description
Questions?


                                     10 | MDT Confidential
‹#›   Title | Description
Progressive Environmental Stewardship is a Pillar
 of Our Corporate Citizenship Vision




                              Global Leadership Collaborative   Total Employee    Progressive
                                in Addressing     Culture of     Engagement      Environmental
                               Chronic Disease   Innovation                       Stewardship




                                                         11 | MDT Confidential
‹#›   Title | Description
External Recognition and Awards
                      AWARD    YEAR(s)                         DETAILS

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

 Energy Star                  2008 – 2010   Three locations in MN

 Dow Jones Sustainability
                              2008 – 2010   Three consecutive years
 Index

 MN Governor s                              Reduced packaging and product literature by
                                 2007
 Environmental Award                        500,000 pounds and saved $2.3M

 Certification to ISO 14001   2005 – 2010   Six locations

                                            Seven consecutive years
 FSTE4Good Index              2004 – 2010




                                                               12 | MDT Confidential
‹#›   Title | Description

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Sustainability at Medtronic

  • 1. MEI Business and Environment Conference Doug Fullen Director of Medtronic Environmental, Health and Safety Innovating for life. !
  • 2. Medtronic 2010 Overview Revenue $15 B Employees 38,000 Countries 120 Locations 270 2 | MDT Confidential ‹#› Title | Description
  • 3. Treating Many Chronic Conditions Neurological Disorders Cardiac Rhythm Disorders Ear, Nose and Throat Cardiovascular Disease Conditions Spinal Conditions and Urological and Musculoskeletal Trauma Digestive Disorders Diabetes 3 | MDT Confidential ‹#› Title | Description
  • 4. Medtronic Environmental Mgmt Journey Governance/ Compliance Systems • • Mgmt System Standard Environmental Sustainability Policy • • COST Waste reduction, improved efficiency – Commitment to Investors receive sustainability awards Reactive • Corporate Audit Program Value-Added • Development of EHS Websites and Tools Unaware • HEART Implementation Business Opportunity • Infrastructure Development 4 | MDT Confidential ‹#› Title | Description
  • 5. Environmental Sustainability Policy •  Eliminating Waste •  Reusing and Recycling Materials •  Purchase Sustainable Products •  Conserving Natural Resources •  Promoting Energy Efficiency •  Enhancing New Building Construction and Facility Modification Bill Hawkins Medtronic Chairman and CEO 5 | MDT Confidential ‹#› Title | Description
  • 6. Environmental Goals and Progress Assessing Our Progress Against our 2013 Goals % CHANGE FY2010 REDUCTION STATUS FY2007 TO FY2010 Non-Regulated Waste (Tonnes/$Billion Revenue) 768 -13% -5% ACHIEVED Regulated Waste (Tonnes/$Billion Revenue) 86 -10% -5% ACHIEVED Volatile Organic Compound Emissions 8.5 -38% -10% ACHIEVED (Tonnes/$Billion Revenue) 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 6 | MDT Confidential ‹#› Title | Description
  • 7. Medtronic Sustainability Award – Sponsored by Chairman & CEO Medtronic has reduced millions of pounds of waste and saved $16M in the last two years 7 | MDT Confidential ‹#› Title | Description
  • 8. Go Green for Life Employee Website •  Provides visibility to all areas of the company on sustainability successes •  Supported by executive leaders •  Company-wide approach 8 | MDT Confidential ‹#› Title | Description
  • 9. Sustainability Helps Drive Growth and Innovation 9 | MDT Confidential ‹#› Title | Description
  • 10. Questions? 10 | MDT Confidential ‹#› Title | Description
  • 11. Progressive Environmental Stewardship is a Pillar of Our Corporate Citizenship Vision Global Leadership Collaborative Total Employee Progressive in Addressing Culture of Engagement Environmental Chronic Disease Innovation Stewardship 11 | MDT Confidential ‹#› Title | Description
  • 12. External Recognition and Awards AWARD YEAR(s) DETAILS Newsweek Green 2009 – 2010 Up from #66 in 2009 to #37 in 2010 Company Rankings Energy Star 2008 – 2010 Three locations in MN Dow Jones Sustainability 2008 – 2010 Three consecutive years Index MN Governor s Reduced packaging and product literature by 2007 Environmental Award 500,000 pounds and saved $2.3M Certification to ISO 14001 2005 – 2010 Six locations Seven consecutive years FSTE4Good Index 2004 – 2010 12 | MDT Confidential ‹#› Title | Description