Insulet Corporation

100 Nagog Park, Acton, MA 01720-3428

Insulet Corporation develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes. It offers Omnipod System, a self-adhesive disposable tubeless Omnipod device that is worn on the body for up to three days at a time, as well as its wireless companion, the handheld personal diabetes manager. The company sells its products primarily through independent distributors and pharmacy channels, as well as directly in the United States, Canada, Europe, the Middle East, and Australia. Insulet Corporation was incorporated in 2000 and is headquartered in Acton, Massachusetts.

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3.5

Overall Excellence Rating

Industry

Healthcare

Category

Medical Instruments & Supplies

ESG/Ethical Impact

For instance, our regional product takeback programs allow customers in several countries to return their used Pods to us for responsible disposal. In 2022, we piloted a takeback program in the U.S. and are continuously exploring further opportunities to reduce our environmental footprint. As we foster deep ties with our communities, we also strive to encourage collaboration among our own teams. Across the globe, we embrace opportunities to connect through events promoting diversity, equity, and inclusion, quality and compliance, and innovation. Driving sustainable product design and packaging choices and focusing on recycling/reuse options. Reducing the environmental impact and waste of products and making products more efficient.While expanding our product portfolio, customer base, and global reach, we worked to grow responsibly and minimize our environmental footprint. We are proud of the work we completed to drive resilient operations as we evolved our climate strategy and management systems for a socially responsible supply base. We promoted sustainable practices in our supply chain by increasing training on our Supplier Code of Conduct and completing our first social and environmental supply base risk assessment. We aspire to create positive social impact and advance inclusivity for our customers, employees, and communities. We continue to support our employee health and wellness with flexible working arrangements and promote an inspiring culture as we grow globally.We maintain strong governance policies and practices that drive our financial success and responsible operations. Our principles for corporate governance enable us to deliver on our commitments and maintain compliance with all applicable laws and regulations. The Insulet Board of Directors oversees the strategic, financial, and management policies of the Company. Taking an active role in the Company’s strategic direction, the Board regularly educates itself on the Company’s products, markets, customers, competition, and culture. The Board assesses risk, evaluates management’s performance, plans for successors, and provides overall guidance and direction to the Company. Our Board believes that good governance requires not only an effective set of specific practices, but also a culture of responsibility and accountability throughout the organization. Good governance depends on the quality of an organization’s leadership, and our Board is committed to recruiting and retaining Directors and officers with proven leadership ability and personal integrity.We focus our sustainability strategy on the ESG topics that are most important to our business and account for our impacts on society, the economy, and the environment. In 2020, we utilized third-party expertise to conduct our first materiality assessment, a research-based process to determine our most significant material ESG topics with input from internal and external stakeholders. Through our materiality assessment, we identified 23 ESG topics most impactful to our business and stakeholders. This process was informed by interviews and surveys with employees, customers, suppliers, investors, payors, healthcare professionals, and advocacy groups. The results of our materiality assessment enable us to concentrate our management on key priorities, and our sustainability strategy and reporting efforts incorporate these topics. We continuously evaluate our performance and plan to conduct materiality assessments at regular intervals to align with our continued growth, our dynamic industry, and the evolving expectations of stakeholders.Advancing sustainability and adhering to our mission to improve the lives of people with diabetes requires a strong foundation of governance and ethics. Robust policies and expert leadership guide our path toward sustainable growth and foster a culture of ethical behavior throughout our operations. We diligently and proactively monitor issues of governance, ethics, and compliance, knowing that our ability to maintain the trust of our stakeholders is key to building long-term value.

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Awards Received

2023

Revenues

$1,300,000,000.00

Website Traffic

Employee Rating

3.7

Customer Rating

3.1

Company Size

1000-5000

ESG Risk Rating

3

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