3 device companies' recent actions on diversity, equity in 2020

Spinal Tech

Medical device companies have taken several actions to improve racial and gender equity within their workforce and beyond.

Here's what three companies have done over the past 90 days:

1. Johnson & Johnson launched its "Race to Health Equity" initiative in November to eliminate health inequities, according to Alex Gorsky, CEO and chair of the board of directors. The company committed $100 million to invest and promote health equity, according to a fourth-quarter earnings call.

2. Medtronic reported 100 percent gender pay equity in the U.S. and 99 percent globally, according to its "2020 Inclusion, Diversity and Equity Report." Other significant statistics include a 50 percent female workforce globally and more than 22,000 employees involved in the company's diversity networks.

3. Zimmer Biomet launched the Zimmer Biomet Foundation in December to empower diverse and underserved communities, support STEM education, enabling community health, and providing disaster relief. The company also committed $2 million over three years to the NAACP.

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