Intuitive Surgical, Inc.

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Intuitive Surgical Inc. is a medical device company developing, manufacturing, and marketing minimally invasive surgical platforms and future diagnostic tools. Its flagship product, the da Vinci robotic-assisted system, allows surgeons to enter and explore the body through a single small incision; it was one of the first to be cleared by the American Food and Drug Administration.

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3.3

Overall Excellence Rating

Industry

Healthcare

Category

Medical Instruments & Supplies

ESG/Ethical Impact

At Intuitive, sustainability involves minimizing our environmental footprint while developing appropriate solutions that conserve resources and protect the planet. We’re continually assessing our business to both better understand environmental risks and identify ways to make our value chain more environmentally sustainable. In the upcoming sections, we outline our work on environmental sustainability, ranging from carbon action, energy efficiency, and new construction to product life-cycle management and environmental management systems. Our current programs allow us to recycle parts from end-of-life da Vinci Si systems, with approximately 95% of the surgeon console, approximately 60% of the patient side cart, and approximately 20% of the vision side cart components being used to build da Vinci X systems. A carbon inventory is a collection of all sources of carbon the entity produces, or is responsible for, as a result of conducting business. The primary metricis carbon dioxide equivalent (CO2e). Emissions are broken down into three categories, per the Greenhouse Gas (GHG) Protocol.In the upcoming sections, we outline our work on key social responsibility topics ranging from employee wellness, expanding access to training, and global education outreach, to advancing inclusion and diversity (I&D). We set our social responsibility initiatives to serve our employees, patient communities, healthcare providers, and communities in which we live and work.Our mission of I&D is to build an inclusive, equitable, and diverse environment where every individual can belong and flourish—in our company and the communities we serve. We believe everyone should feel included and fairly treated, and we embrace the unique qualities that make people who they are. In alignment with the vice president of global inclusion and diversity, the I&D Council is a key driver for our I&D goals, strategy, and progress. Established in 2016, the I&D Council is composed of cross-functional leaders engaged in building our culture of inclusion.Our board of directors provides oversight to ensure that business activities align with our mission, enabling us to put patients first and create enduring value for our customers while maintaining a thriving business and a dedicated workforce. Our corporate governance structure, policies, and processes serve the needs of our business, our shareholders, and other stakeholders and promote a culture of accountability across the value chain. For more information about our governance structures and board charters, please see our latest proxy statement filed with the Securities and Exchange Commission (SEC). Our directors are fiduciaries and must exercise their business judgment in the company’s and stockholders’ best interests. The board reviews our long-term strategy, discusses and assesses any risk exposures and how to best manage them, and evaluates our holistic performance, including economic, environmental, and social factors. We value inclusion and diversity at all levels of the organization, within and across our employee base, leaders, and board of directors. Our board of directors comprises leaders with broad and diverse experience in different arenas, including management of large global entities, technology and innovation leadership, and healthcare experience, both from the clinician/ surgical perspective and as a healthcare leader. When evaluating our board’s composition and future membership, we consider candidates who bring deep knowledge and experience in their fields, possess unique and business-critical skills, and can provide diverse perspectives regarding business experience, professional expertise, gender, and racial/ethnic background.Intuitive Surgical is a leader in robotic-assisted surgery technology, with its da Vinci Surgical System being widely used in hospitals. High-Tech Medical Equipment: The company’s revenue comes from the sale of its robotic systems, instruments, and accessories used in surgical procedures. Healthcare Innovation: Intuitive Surgical’s technology is at the forefront of healthcare innovation, contributing to its financial success.We believe that every employee is responsible for safeguarding our company’s reputation by acting ethically and with integrity. An ethical culture aligns with our leadership expectations. One of those expectations is to lead by example, and we strive to achieve that each day. We engage and educate employees on ethics in a number of ways, including through our code of conduct, annual review process, employee training, and communications. We have a formal disclosure document that outlines the requirements and processes we’ve developed and use to maintain the highest standards of business conduct when interacting with healthcare professionals. We abide by all applicable anti-bribery laws in the countries in which we operate. This position is also reflected in our policies and contracts with distributors and suppliers, where we require our employees, distributors, and suppliers to comply with applicable anti-bribery and anti-corruption laws and regulations. We also define expectations and requirements within supplier-facing documents in accordance with various human rights regulations. Intuitive also defines expectations and requirements within supplier-facing documents in accordance with various human rights regulations.

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Awards Received

2023

Revenues

$6,200,000,000.00

Website Traffic

Employee Rating

4.2

Customer Rating

3.7

Company Size

10000+

ESG Risk Rating

3

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