OSI Systems

2805 Columbia Street, Torrance, CA 90503

OSI Systems is keeping a close scan on transportation security and health care worldwide. The company’s security division manufactures specialized inspection equipment under the Rapiscan Systems name used to screen everything from baggage and people to cargo and vehicles at airports, ports, and borders. Its Spacelabs Healthcare subsidiary makes patient monitoring, cardiac monitoring, and clinical networking systems primarily for hospitals. A third division makes optoelectronic devices (OSI Optoelectronics) for aerospace/defense electronics, industrial automation, security, medical diagnostics, and other applications. That division also offers contract electronics manufacturing services (OSI Electronics).

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3.3

Overall Excellence Rating

Industry

Healthcare

Category

Health Care Products Manufacturing

ESG/Ethical Impact

OSI Systems’ environmental initiatives focus on minimizing their environmental footprint and promoting sustainable practices. Key environmental efforts include: Product Innovation: Developing products with energy-efficient designs, reduced resource consumption, and minimized environmental impact across their various business segments. Supply Chain Sustainability: Collaborating with suppliers to ensure responsible sourcing, reduce carbon emissions, and promote sustainable procurement practices. Energy Efficiency: Implementing energy-saving technologies and practices in manufacturing, offices, and facilities to reduce energy consumption and greenhouse gas emissions. Waste Management: Implementing responsible waste management practices, including recycling and proper disposal, to minimize environmental impact.OSI Systems’ social sustainability efforts center on improving safety, employee well-being, and community engagement. Key social initiatives include: Providing security and inspection systems that contribute to public safety, enhance security screening, and protect communities. Investing in employee training, professional growth, and creating a supportive work environment that promotes diversity, inclusion, and well-being. Community Engagement: Engaging in community outreach, education initiatives, and partnerships that address societal challenges and contribute positively to the communities they serve. Customer Safety: Ensuring the safety and reliability of their solutions to support customer needs and regulatory requirements.OSI Systems places strong emphasis on ethical governance and transparent business practices. Key governance initiatives include: Ethical Conduct: Upholding a strong code of ethics that guides decision-making, promotes integrity, and ensures compliance with legal and regulatory requirements. Data Privacy and Security: Safeguarding sensitive customer information and data through robust cybersecurity measures, protecting privacy and maintaining trust. Maintaining open communication with customers, employees, investors, regulatory bodies, and community partners to address concerns and provide accurate information.OSI Systems recognizes that ESG practices can impact financial performance and long-term sustainability. By addressing ESG factors, the company aims to manage risks, enhance brand reputation, and attract stakeholders who value responsible technological solutions.OSI Systems’ ethical commitments extend to delivering technological solutions with integrity, transparency, and a focus on safety and quality. This includes upholding standards, respecting customer rights, and maintaining informed consent.

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Awards Received

2023

Revenues

$1,180,000,000.00

Website Traffic

Employee Rating

4.1

Customer Rating

3.3

Company Size

5000-10000

ESG Risk Rating

4

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