Medtech Giants Earn Top Marks in Human Rights Campaign Foundation’s Corporate Equality Index

The corporate equality index is a national benchmarking tool tracking corporate policies, practices, and benefits pertinent to LGBTQ+ employees.

Katie Hobbins, Managing Editor

January 23, 2024

2 Min Read
Equality
AndreyPopov / iStock / Getty Images Plus via Getty Images

Recently, major players in medtech found spots on the Human Rights Campaign Foundations 2023-24 Corporate Equality Index, a national benchmarking tool on corporate policies, practices, and benefits pertinent to LGBTQ+ employees. The foundation recognized 545 business from nearly every industry as meeting all the criteria to earn a score of 100 and the designation of being a 2023 Equality 100 Award: Leader in LGBTQ+ Workplace Inclusion recipient. In all, including those that obtained perfect scores, the index saw 1,384 participating businesses in 2023.

The criteria in the index includes four central pillars:

  • Non-discrimination policies across business entities.

  • Equitable benefits for LGBTQ+ workers and their families.

  • Supporting an inclusive culture.

  • Corporate social responsibility.

“In this year's report, we're seeing incredible momentum, with 128 new companies joining our cause,” said Kelley Robinson, president of the Human Rights Campaign Foundation, in the report. “This is a clear sign that our message is resonating, that businesses are recognizing the value and necessity of inclusivity. Back in 2002, when this journey began, only 13 companies reached the top score. Today, we're celebrating not just growth but a deepening commitment to true equality.”

Names such as 3M, Boston Scientific, Cue Health, Johnson & Johnson, and Medtronic all earned a spot on the perfect score list. To earn the top rating, such employers took concrete steps to establish and implement comprehensive policies, benefits, and practices that ensure equity for LGBTQ+ workers and their families.

Additional medtech company scores:

  • Abbott Laboratories: Score of 90, down five points from 2022.

  • Baxter International: Score of 60, down 40 points from 2022.

  • Becton, Dickinson and Co: Score of 95, down 5 from 2022.

  • GE HealthCare: Score of 85, no 2022 score.

  • Illumina: Score of 90, down 10 from 2022.

  • Philips: Score of 90 down 10 from 2022.

  • Siemens Healthineers USA: Score of 40, down 60 from 2022.

  • Teleflex: Score of 90, same as 2022.

One company that saw positive marks was Olympus Corp of the Americas (OCA), which announced it received a score of 90 out of 100 on the index. The company scored top marks for its workforce outreach and protections and increased inclusive culture to include transgender best practices and healthcare coverage, as well as spousal, partner, and family formation benefits.

"In medtech, where innovation is everything, we know that diversity of thought and experience is critical to developing solutions that meet the needs of all patients," said Julien Sauvagnargues, president of OCA. "By creating an inclusive environment where everyone feels valued and respected, we unlock the full potential of our workforce and drive groundbreaking advancements in healthcare."

About the Author(s)

Katie Hobbins

Managing Editor, MD+DI

Katie Hobbins is managing editor for MD+DI and joined the team in July 2022. She boasts multiple previous editorial roles in print and multimedia medical journalism, including dermatology, medical aesthetics, and pediatric medicine. She graduated from Cleveland State University in 2018 with a bachelor's degree in journalism and promotional communications. She enjoys yoga, hand embroidery, and anything DIY. You can reach her at [email protected].

Sign up for the QMED & MD+DI Daily newsletter.

You May Also Like