Sustainability report

Corporate governance

Edwards Lifesciences’ work to improve corporate governance supports our aspiration of delivering exceptional shareholder value.

Definition

Corporate governance is the system of rules, practices and policies by which a company is directed and controlled.  Good corporate governance involves balancing the interests of a company’s many stakeholders, such as shareholders, employees, customers, suppliers, governments, the community, and, for Edwards, a vital stakeholder group: patients.  Our Board of Directors and management strive to implement policies and processes that promote ethical and sustainable corporate governance practices for the benefit of all stakeholders.

Our aspirations

icon-aspirations-create

Delivering exceptional shareholder value

Material topics
Highlight story

Governance maps illustrate oversight of sustainability topics

In 2017, we improved our reporting on governance and accountability for several of our material topics. Our new Governance Maps show the processes used to establish accountability for sustainability in one overarching, interactive graphic. The maps illustrate Edwards’ internal responsibility structures for managing our material topics and describes who is involved when we set, implement and communicate our strategy. We believe our current accountability structures will help ensure long-term performance on our most important topics. This year’s report contains maps for five topics: Ethics & Compliance and Corruption & Bribery; Product Safety & Quality; Edwards Lifesciences Foundation; Corporate Governance; and Environmental Health & Safety. We plan to incorporate the remaining topics in subsequent reports.