Merit Medical Systems, Inc. (MMSI)

Criticisms on file

No material criticisms on file for this pillar.

Disclosed initiatives

• ISO 14001 Certifications

  Nine facilities including eight manufacturing and one distribution center hold ISO 14001 environmental management system certification; includes yearly energy reviews and energy-efficient procurement controls.

  Structured environmental management framework across key operational sites.
• eWorq Electronic Work Orders

  84% of global work orders managed electronically; eliminated 4.9 million pages of paper and thousands of plastic sleeves in 2025; goal to reach 93% by end of 2026; deployed at five largest manufacturing sites.

  Significant paper and plastic waste reduction; estimated millions of pages saved annually.
• Water Conservation Programs

  Campus-wide xeriscaping and water recirculation systems at water-stressed South Jordan, Utah headquarters; goal to reduce water consumption.

  Localized water usage reduction at facilities in water-stressed regions.
• Waste-to-Energy & Recycling Programs

  WtE programs divert hard-to-recycle items to certified facilities with pollution controls; recycling programs for food waste, paper, plastic, cardboard, beverages, scrap metal, and pallets.

  Diversion from landfills; utilizes advanced pollution control in WtE facilities.
• Packaging Optimization

  Product family packaging reviews consolidate shipments, increase quantities per box, eliminate intermediate packaging, reduce film thickness, and reuse original packaging where possible.

  Reduction in packaging material consumption and intra-company shipping waste.
• LED Lighting & HVAC Upgrades

  Transition to LED lighting in global facilities; installation of efficient heating and cooling systems with variable efficiency drives at Utah headquarters.

  Energy efficiency improvement across facilities.
• Electric Vehicle Charging

  Free car charging stations installed for employees who have transitioned to electric vehicles.

  Employee mobility decarbonization support.
• Environmental Tracking System

  Monthly reporting and accountability system at worldwide facilities tracking energy, water, waste, recycling, and Scope 1 and 2 GHG emissions; supports 2030 operational sustainability goals.

  Structured monitoring toward 2030 operational targets; no publicly disclosed 2030 or net-zero metrics.
• Materiality Assessment

  Comprehensive materiality assessment underway to align ESG expectations from internal and external stakeholders.

  In-progress stakeholder engagement for sustainability priorities; outcome not yet disclosed.

Criticisms on file

No material criticisms on file for this pillar.

Disclosed initiatives

• Women's Leadership Initiative (WLI)

  Launched in 2021; first affinity group; sponsors professional development, external interactions, and resources to advance women's careers and improve inclusion.

  Formal structure for gender diversity and inclusion; Strategic Leadership Program launched 2025 in partnership with University of Utah.
• The Merit Way Core Values Program

  Launched July 2024; global culture initiative with H.E.A.R.T. values (Health, Excellence, Agility, Responsibility, Teamwork); embedded in performance management and recognition programs.

  Unified values framework across 7,500+ employees in 43 countries; linked to performance evaluation.
• Global Employee Engagement Survey

  Partnership with Gallup since 2022; annual survey with 93% participation rate in 2025; informs action plans at team and company levels.

  High transparency into workforce sentiment; data-driven engagement improvements.
• Competitive Total Rewards

  Competitive pay, annual incentives, health benefits, retirement plans, Employee Stock Purchase Plan, paid time off, parental leave, flexible schedules, remote work, wellness programs.

  Comprehensive compensation and benefits structure; zero healthcare cost increases for 10 consecutive years for U.S. employees.
• Talent Development Programs

  Global performance management system (2025), Gallup 'Conversations That Matter' training deployed to 500+ managers worldwide, management and leadership development at global/local levels, succession planning framework.

  Systematic talent pipeline and leadership development.
• Occupational Health & Safety

  ISO 45001 certification at nine facilities (eight manufacturing, one distribution); occupational health and safety management system covering all employees and contractors; emergency action plans, AED/CPR training, periodic health/safety audits.

  Internationally recognized safety framework; structured hazard identification and continuous improvement.
• Onsite Medical Clinics

  Preventative and general medical care available at Utah HQ and largest manufacturing facility (Tijuana, Mexico) for employees and families.

  Direct healthcare access and preventative care support.
• Wellness Programs

  'Get Healthy' program global rollout; monthly wellness committee; health information, nutrition newsletters, walking groups, fitness challenges, suicide prevention, diabetes screening, mental health awareness, tobacco cessation, breast cancer awareness, Smart Choice meal program at Utah HQ.

  Comprehensive wellness culture; Merit Ireland holds KeepWell Mark™ since 2021, awarded 'Best in Class - Mental Health' recognition.
• Community Involvement & Humanitarian Missions

  Onsite employee gardens; product donations to humanitarian missions in Belize, Honduras, Ethiopia, Peru, Tanzania, Haiti, Mauritius, Nicaragua, Syria (2025); employee volunteer support for nonprofits; breast cancer awareness, heart health, children's charities.

  Global community engagement; documented humanitarian contributions.
• Equal Opportunity & Inclusion Commitment

  U.S. equal opportunity/affirmative action employer; no discrimination based on race, ethnicity, national origin, gender, sexual orientation, gender identity, age, disability, protected veteran status; commitment to inclusive workforce.

  Formal legal compliance and cultural messaging; no quantitative diversity targets disclosed.

Criticisms on file

No material criticisms on file for this pillar.

Disclosed initiatives

• Corporate Integrity Agreement (CIA) Compliance

  Five-year CIA with OIG (2020-2025) addressed compliance, monitoring, reporting, certification, oversight, and training obligations; formal completion confirmed January 23, 2026; company intends to continue compliance program with continual improvements.

  Third-party oversight of compliance program ended; company maintains internal controls.
• Anti-Corruption & FCPA Compliance

  Training for U.S. and international employees on FCPA, UK Bribery Act, and foreign anti-corruption laws; training and monitoring of foreign third parties (distributors); policies addressing multiple jurisdictions' anti-corruption provisions; books-and-records controls.

  Structured compliance program mitigating foreign corrupt practices risk.
• Physician Payment Transparency Reporting

  Annual Sunshine Act reporting and disclosure of device manufacturer interactions with healthcare providers; similar transparency laws compliance in foreign jurisdictions.

  Public database compliance; demonstrates commitment to healthcare provider interaction transparency.
• Anti-Kickback & False Claims Law Compliance

  Policies and training on federal and state anti-kickback statutes and regulatory safe harbors; false claims act compliance structures; awareness of criminal and civil liability.

  Compliance framework mitigating healthcare-reimbursement-related legal risk.
• Quality System Regulations (QSR) Compliance

  Adherence to FDA and foreign regulator QSR requirements; design, purchasing, supplier controls, manufacturing, distribution, complaint handling, CAPA, and internal audits; periodic FDA inspections.

  Structured quality management system; regulatory inspection readiness.
• Data Privacy & Cybersecurity Compliance

  GDPR (E.U.), PIPL (China), HIPAA/HITECH (U.S.), and state comprehensive privacy law compliance; privacy notices and policies posted on website and communicated to employees; data security governance.

  Multi-jurisdictional privacy framework; risk of fines and reputational harm mitigated.
• Export Control & Sanctions Compliance

  Compliance with U.S., E.U., and other countries' export sanctions and economic sanctions laws; OFAC rules; awareness of DOJ, Commerce, State, Treasury enforcement.

  Controls on export activities to sanctioned countries/actors; legal risk mitigation.
• Labor Standards & Modern Slavery Compliance

  Subject to California Transparency in Supply Chains Act, UK Modern Slavery Act, U.S. Federal Acquisition Regulations; supplier management systems and audits as prerequisite to customer sales.

  Supply-chain labor standards oversight; customer compliance requirement.
• FDA Regulatory Approvals & Post-Market Surveillance

  Comprehensive regulatory approval process for U.S. and foreign markets; post-market surveillance, complaint handling, adverse-event reporting, product recalls, and warning letters.

  Systematic regulatory engagement; documented compliance with FDA requirements.