Edwards Lifesciences : 2024 ESG Metrics

Published: 2025-04-21 13:58:04 ET EW

Edwards Lifesciences' ESG Metrics

Topic

Metric

Unit

2024

2023

2022

2021

2020

2019

2018

2017

2016

NOTES

Social

Product Innovation &

Research and development as percent of

17.6

17.3

16.7

16.1

14.9

Safety

sales

FDA class 1 product removals, globally

Question relates only to FDA classification.

Number of products in the FDA's MedWatch

Safety Alerts for Human Medical Products

(Medical Devices) database

Access to Healthcare

Underserved people impacted through our

We transitioned

to tracking patients post the 2019 campaign

Goal

1,700,000

1,000,000

900,000

400,000

In support of our first EHM commitment to serve one million people by 2020 (cumulative 2014-2019 data). Our current phase of

EHM partners that provided education,

exceeded

EHM commitment is to serve the lives of 2.5 million additional underserved people by 2025.

screening and/or treatment (cumulative)

in 2019

Underserved patient lives improved by our

2.4 million

1.6 million

885,000

400,000

130,000

Goal established in 2020

Our EHM commitment is to serve 2.5 million underserved patients by 2025.

EHM partners through detection, treatment

and/or recovery (cumulative)

Total Giving (Foundation, Corporate Grants

USD MM

19.1

18.8

18.5

20.6

11.1

8.7

6.6

and Product Donations)

Every Heartbeat Matters grants awarded

USD MM

4.5

4.7

4.6

4.3

3.1

4.5

4.4

Excludes product.

Public Policy

Policy on Political Activities

Y/N

Yes

Political Disclosure and Accountability

Employee participation in charitable giving

Facilities engaged in local charitable activity

100

Scope covers the percent of facilities with more than 50 employees.

(%)

Employee participants in matching gift

3379

3,453

3,628

3,824

2,885

U.S. only.

program

Organizations supported through matching gift

536

700+

547

821

771

U.S. only.

program

Total foundation giving through matching gift

USD MM

0.7

0.8

1.3

1.1

1.5

0.8

0.6

0.3

program

Value of Edwards technologies donated for

USD MM

7.6

6.5

8.4

9.6

1.7

0.5

0.9

0.8

humanitarian patient treatment and recovery

Edwards technologies donated for

7,440

14,000

6,000

11,000

10,000

Approximate figures.

humanitarian patient treatment and recovery

Ethics, Corruption &

Applicable employees certified to ethics code

Bribery

of conduct

Employee Health & Safety

Lost Time Incident Rate

Total incidents

0.12

0.20

0.25

0.28

0.31

0.33

0.49

0.51

0.35

Includes Edwards employees and temporary employee (contract labor) work-related injuries and illnesses, based on OSHA

per 200,000

incidence rate calculation.

hours worked

Total Recordable Incident Rate

Total

0.31

0.46

0.61

0.68

0.63

0.79

1.04

0.99

1.23

Includes Edwards employees and temporary employee (contract labor) work-related injuries and illnesses, based on OSHA

recordable

incidence rate calculation.

incidents per

200,000 hours

worked

Fatalities - employees

Fatalities - contractors

Health and Safety Policy, group-wide (y/n)

Y/N

Yes

EHS Policy

Human Capital

Total number of global employees

15,770

19,832

17,333

15,689

14,855

13,895

12,823

12,154

11,537

2018 data rounded to the hundredth in published report.

Management

Global employees by gender- male

41%

40%

60.72%

38%

62.2%

All 2024 employee metrics are as of 12/31/24.

2016 data rounded to the tenth in published report; 2018 data rounded to the hundredth in published report.

Global employees by gender- female

59%

60%

39.28%

62%

37.8%

All 2024 employee metrics are as of 12/31/24

2016 data rounded to the tenth in published report; 2018 data rounded to the hundredth in published report.

Global employees by type- professional

61%

58%

60%

57%

54.82%

53%

51.96%

2016 and 2018 data rounded to the hundredth in published report.

Global employees by type- hourly

39%

42%

40%

43%

45.18%

47%

48.04%

2016 and 2018 data rounded to the hundredth in published report.

U.S. employees by ethnicity- Asian

35.1%

32.2%

32.9%

34.9%

35%

35.3%

37.37%

2020 data only rounded to whole number in published report; data not reported next to pie chart in 2016 and 2017 reports.

U.S. employees by ethnicity- Hispanic

16.9%

23.4%

22.8%

22.6%

23%

24.1%

23.96%

2020 data only rounded to whole number in published report; data not reported next to pie chart in 2016 and 2017 reports.

U.S. employees by ethnicity- White

39.0%

36.2%

36.4%

35.8%

36%

35.6%

34.18%

2020 data only rounded to whole number in published report; data not reported next to pie chart in 2016 and 2017 reports.

U.S. employees by ethnicity- Black/African

2.9%

2.5%

2.4%

2.3%

2.06%

2020 data only rounded to whole number in published report; data not reported next to pie chart in 2016 and 2017 reports.

American

U.S. employees by ethnicity- Native

1.3%

1.4%

1.2%

0.7%

0.62%

2020 data only rounded to whole number in published report; data not reported next to pie chart in 2016 and 2017 reports.

Hawaiian/Pacific Islander

U.S. employees by ethnicity- American

0.4%

0.5%

0.4%

0.05%

2020 data only rounded to whole number in published report; data not reported next to pie chart in 2016 and 2017 reports.

Indian/Alaskan Native

U.S. employees by ethnicity- two or more

2.9%

2.6%

2.2%

1.7%

1.36%

2020 data only rounded to whole number in published report; data not reported next to pie chart in 2016 and 2017 reports.

races

U.S. employees by ethnicity- not specified

1.5%

1.3%

1.2%

2016, 2017, 2018, 2019, and 2020 data not included in published reports.

People with disabilities, global

0.4

0.6

0.7

Share of women in management positions in

revenue-generating functions (e.g. sales) as %

of all such managers

Share of women in STEM-related positions

(as % of total STEM positions)

Employee survey participation rate

Employee survey respondents

13,585

17,100

15,400

13,400

12,800

6,500

10,200

2019 survey did not include manufacturing employees; engagement surveys were not conducted in 2018 and 2016.

Lower respondent count for 2024 reflects CC divestiture.

Total base salaries for named executive

USD

5,129,101

4,478,450

3,920,747

3,788,118

3,673,942

3,490,100

3,340,619

3,216,108

3,129,171

In 2023, exceptionally, we had six named executive officers, due to the leadership change in our CEO.

officers in the Proxy Statement

In 2024, we had seven named executive officers due to Lemercier's retirement and CC divestiture.

Equal Opportunity Policy

Y/N

Yes

Equal Employment Opportunity

Supply Chain

Social Supply Chain Management Policy

Y/N

Yes

Third Party Code of Conduct

Sustainable Supplier Guidelines

Y/N

Yes

Third Party Code of Conduct

encompassing ESG areas that are publicly

disclosed

Policy Against Child Labor

Y/N

Yes

Responsible Supply Chain

Human Rights Policy

Y/N

Yes

Global Business Practice Standards

Supplier EHS Diligence

New suppliers

3,389

2,946

2,391

2,178

2,102

2,975

2,787

Suppliers completing Level 1 screening

3,389

2,946

2,391

2,178

2,102

2,975

2,787

All (regulated and non-regulated) suppliers undergo Level 1 public database screening as part of our due diligence process. All

regulated and high-spend non-regulated suppliers undergo an additional Level 2 screening which requires completion of Edwards'

due diligence questionnaire.

Suppliers completing Level 2 screening

222

252

219

256

223

212

Suppliers rejected for EHS concerns

Governance

Leadership

Female C-suite executives

C-suite executives represent the CEO and direct reports to the CEO.

Female C-suite executives

C-suite executives represent the CEO and direct reports to the CEO.

Ethnically diverse C-suite executives

C-suite executives represent the CEO and direct reports to the CEO.

Ethnically diverse C-suite executives

C-suite executives represent the CEO and direct reports to the CEO.

Ratio of the annual total compensation for the

205 to 1

265 to 1

274 to 1

186 to 1

194 to 1

179 to 1

206 to 1

215 to 1

organization's highest-paid individual to the

median annual total compensation for all

employees (excluding the highest-paid

individual)

Board of Directors

Board size

Independent directors

Female board members

Directors who are ethnically diverse

Edwards began publicly sharing this figure in 2020.

Directors who are ethnically diverse

Edwards began publicly sharing this figure in 2020.

Average attendance

98.5

100

99.3

100

97.5

98.9

97.1

Average tenure

# years

Board-level oversight for sustainability

Y/N

Yes

Proxy Statements

Board criteria and qualifications policy

Y/N

Yes

Proxy Statements

Shareholder Rights

One-to-One share to voting rights policy

Y/N

Yes

Proxy Statements

Government Ownership of voting rights >5%

Y/N

Family Ownership of voting rights >5%

Y/N

Special stockholder meetings can be called by

Y/N

Yes

Proxy Statements

stockholders owning at least 15% of our

outstanding shares

Majority vote standard in uncontested

Y/N

Yes

Proxy Statements

elections, with director resignation policy

CEO share ownership as multiple of base

position/ base

4.6

3.4

267

372

261

195

149

115

The decrease in CEO share ownership in 2023 is a result of the change in CEOs in May 2023. The 2023 data reflects the share

salary

ownership by our new CEO, Bernard J. Zovighian.

Average share ownership of named executive

average

19.5

The identity of the named executive officers (other than the CEO) may change from year to year and is reflected in our Proxy

officers (other than the CEO) as multiple of

position/

Statement for the relevant year.

base salary

average base

salary

Tax

Effective tax rate

9.8

11.1

12.7

11.7

10.2

10.3

5.1

43.6

22.8

The 2023 Effective tax rate was restated in the Company's 2024 financial statements in accordance with U.S. GAAP to exclude the

impact of discontinued operations (e.g., Critical Care) as if they had been disposed of at the beginning of the earliest period

presented in the financial statements (i.e., 2023).

Environmental

All environment, health, & safety data reflects Edwards' performance in the 2024 calendar year, including the Critical Care business

and sites for the period leading up to the September divestiture.

EHS Management System

Manufacturing operations maintaining ISO

100

14001:2015 and 45001:2018 certification

ISO 14001:2015 certified sites or regions

Manufacturing sites

Non-manufacturing regions

ISO 45001:2018 certified sites or regions

Manufacturing sites

Non-manufacturing regions

Regulatory inspections

Regulatory notices of violation

Offsite spills or releases

GHG Emissions

Scope 1 emission, total

MT CO2e

15,682

16,120

18,040

14,390

14,416

13,800

12,659

10,891

6,059

GHG Scope 1 emissions calculated in accordance with GHG Protocol's Corporate Accounting and Reporting Standard. GHG

Scope 1 emissions for 2021 and 2022 includes company-provided bus transportation. Previously, this data was reported under

Scope 3 emissions.

Data accounts for emissions from Edwards' sites in Puerto Rico and the Dominican Republic through August 2024, prior to the

close of sale. Emissions data from these locations from September 1, 2024, onward were not included.

Scope 2 market-based emissions

MT CO2e

22,393

23,783

24,668

31,483

31,799

28,001

GHG Scope 2 emissions calculated in accordance with GHG Protocol's Corporate Accounting and Reporting Standard.

Data accounts for emissions from Edwards' sites in Puerto Rico and the Dominican Republic through August 2024, prior to the

Scope 2 location-based emissions

MT CO2e

31,871

36,249

35,586

33,369

31,845

27,931

28,118

27,678

28,854

close of sale. Emissions data from these locations from September 1, 2024, onward were not included.

Scope 1 and 2 market-based emissions,

MT CO2e

38,075

39,903

42,708

45,873

46,215

41,801

40,777

38,569

34,913

without carbon offsets

Scope 1 and 2 market-based emissions,

% change

(5)

(6)

(7)

(1)

without carbon offsets

Biogenic CO2 emissions

MT CO2e

Scope 3 emissions

MT CO2e

See note

571,975

510,388

421,278

31,263

51,550

47,204

45,188

41,385

In 2021, we completed our first comprehensive Scope 3 study in accordance with GHG Protocol's Corporate Value Chain (Scope

3) Standard covering all Scope 3 categories. Prior to this, Scope 3 data reporting only covered business travel and employee

commuting. Through our 2021 baseline analysis, we have determined the following Scope 3 categories to be irrelevant for our

Purchased goods and services

MT CO2e

See note

411,283

355,961

310,724

‒

business: upstream leased assets, downstream transportation and distribution, processing of sold products, franchises,

investments, other (upstream), and other (downstream).

Capital goods

MT CO2e

See note

283

‒

In 2022, 2021 GHG emissions for upstream transportation and distribution, business travel, and employee commuting were

updated to reflect well-to-wheel emissions, in accordance with the GHG Protocol's Scope 3 Standard. Previously, these figures

Fuel and energy-related activities

MT CO2e

See note

13,035

13,540

12,117

‒

were reported using tank-to-wheel emissions factors. In addition, GHG emissions for 2021 investments were revised based on new

information.

Upstream transportation and distribution

MT CO2e

See note

32,808

41,454

21,829

‒

Scope 3 emissions for the 2024 calendar year will be reported in Edwards' 2025 CDP disclosure and our 2025 Corporate Impact

Waste generated in operations

MT CO2e

See note

2,210

3,275

2,907

‒

report.

Data accounts for emissions from Edwards' sites in Puerto Rico and the Dominican Republic through August 2024, prior to the

Business travel

MT CO2e

See note

54,314

41,377

20,565

‒

close of sale. Emissions data from these locations from September 1, 2024, onward were not included.

Employee commuting

MT CO2e

See note

29,438

30,188

29,864

‒

Use of sold products

MT CO2e

See note

3,955

3,643

4,898

‒

End-of-life treatment of sold products

MT CO2e

See note

6,792

7,074

5,633

‒

Downstream leased assets

MT CO2e

See note

797

764

803

‒

Investments

MT CO2e

See note

17,060

13,035

11,874

‒

Upstream Scope 3 emissions intensity

See note

0.117

0.113

0.100

CO2e/USD

dd d

Upstream Scope 3 emissions intensity

% change

See note

3.5

Other Emissions

NOx emissions

182,348

159,012

147,348

132,275

97,527

99,265

90,613

76,651

63,975

SOx emissions

3,219

5,394

7,006

6,671

13,636

9,344

8,328

5,600

PM emissions

901

862

856

778

828

711

643

503

286

ROG/VOC emissions

188,973

167,510

157,335

141,635

113,593

110,850

100,978

83,903

65,190

CO emissions

306,394

266,260

246,001

220,773

159,725

164,157

149,911

127,286

107,848

Climate

Climate change opportunities discussed

Y/N

Yes

Annual Reports and Proxy Statements

Risks of climate change discussed

Y/N

Yes

Annual Reports and Proxy Statements

Climate change policy

Y/N

Yes

EHS Policy

Energy

Total energy consumption

MWh

194,242

196,465

196,354

166,918

158,882

149,297

141,716

132,517

109,624

Renewable energy

Energy use, by type

Diesel

MWh

12,865

14,195

17,015

6,156

6,640

5,941

6,627

9,463

6,640

Gasoline

MWh

174

165

194

222

Natural Gas

MWh

56,706

49,328

48,041

41,416

30,845

31,148

29,968

26,187

23,386

Propane

MWh

9,923

16,763

20,398

20,946

29,053

29,286

26,679

17,928

173

Purchased Electricity

MWh

110,844

112,510

108,040

96,699

90,840

81,591

77,916

78,239

78,739

Generated Renewable Electricity

MWh

3,873

3,627

2,686

1,536

1,310

1,109

474

655

603

Electricity use, by type

Renewable

MWh

69,977

73,239

45,161

31,714

27,010

25,380

18,423

19,878

24,117

Non-renewable

MWh

44,740

42,898

151,193

135,204

131,872

123,917

123,293

112,639

85,507

Energy efficiency policy

Y/N

Yes

EHS Policy

Water

Total water use

845,116

813,092

683,487

592,215

576,220

546,770

507,161

513,111

459,541

Water withdrawal

842,353

805,195

682,193

585,174

573,020

542,924

507,161

513,111

459,541

Third party public utility

663,694

643,670

580,269

505,867

486,447

471,825

437,016

450,961

435,977

Brackish surface water/seawater

Produced/entrained water

Third party NEWater

165,851

142,033

81,821

64,091

67,519

58,888

55,888

41,589

32,261

Groundwater

12,809

19,493

20,102

15,217

19,054

12,211

13,456

18,961

2,310

Surface water

Water withdrawal intensity

m3 / $1MM

155

134

127

112

131

126

136

150

159

revenue

Water withdrawal intensity

% change

5.5

13.5

(14.5)

4.5

(8.0)

(9.0)

(3.0)

0.0

Onsite water treatment and reuse

2,762

7,897

1,294

7,041

3,200

3,847

Water discharge, total

842,353

805,195

682,193

585,174

573,020

542,923

507,161

513,111

350,000

842,353

Third party

805,195

682,193

585,174

573,020

542,923

507,161

513,111

350,000

Fresh surface water

Brackish surface water/seawater

Groundwater

Total water withdrawal from areas with high

324,375

251,566

197,069

190,034

183,256

204,661

water stress, total

Surface water

Groundwater

Brackish surface water/seawater

Produced/entrained water

Third party public utility

324,375

251,566

197,069

190,034

183,256

204,661

Waste

Total waste

6,512

5,612

5,078

4,943

4,691

4,876

4,000

3,819

3,330

Total waste intensity

MT / $1MM

1.2

0.93

0.95

1.07

1.12

1.1

revenue

Total waste intensity

% change

(2.1)

0.0

(13.0)

(4.5)

4.0

1.0

14.0

Hazardous waste generated

2,069

1,852

1,625

1,810

1,746

1,329

1,013

1,036

906

Recycling or fuels blending

1,024

768

651

497

559

208

154

309

303

Incineration, general

966

1039

889

1,242

1,091

1,029

759

689

577

Incineration, biohazard

Landfill

Other

Non-hazardous waste, total

4,443

3,760

3,454

3,133

2,944

1,668

1,091

1,034

925

Recycling

1,918

1,679

1,488

1,525

1,318

1,668

1,091

1,034

925

Incineration

‒

Landfill

2,505

2,041

1,950

1,592

1,613

‒

Other

‒

Waste reduction policy

Y/N

Yes

EHS Policy

Disclaimer

Edwards Lifesciences Corporation published this content on April 21, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 21, 2025 at 17:57 UTC.