Medtronic Appoints its First Chief Sustainability Officer

Medical system firm Medtronic introduced the appointment of Raman Venkatesh as its first Chief Sustainability Officer, with responsibilty for main the event and execution of the corporate’s environmental sustainability technique.

Venkatesh joins Medtronic from Danish sustainability expertise firm Aquaporin, the place he served as Government Vice President, liable for international market options, together with industrial actions. He has additionally been serving for Tau Ventures, advising the AI-focused VC fund and its portfolio firms in healthcare, vitality and mobility. He has additionally held senior positions together with EVP and COO of SAE Worldwide, and as CEO of Strategic Enterprise Unit for Eureka Forbes.

Medtronic’s environmental targets embrace ambitions to attain operational carbon neutrality by 2030, and web zero emissions by 2045, together with Scopes 1, 2, and three emissions, in addition to 2025 targets to supply 50% of vitality from renewable and various sources, cut back water utilization depth by 15%, and cut back waste depth by 15%. Final yr, the corporate dedicated to set near-term science-based emissions discount targets and long-term web zero targets for validation by the Science Based mostly Targets initiative (SBTi), to be submitted in 2025. The corporate additionally set a number of new targets round circularity and packaging discount in 2023.

In a LinkedIn publish asserting the appointment, Ken Washington, Medtronic SVP and Chief Know-how and Innovation Officer stated:

“I’m excited to see Raman and his group drive Medtronic ahead on our sustainability journey. I’m assured that collectively we are going to form and unlock new revolutionary options that serve our sufferers and our planet.”