Sustainability report

Our approach

Edwards Lifesciences is the global leader in patient-focused medical innovations for structural heart disease and critical care monitoring. We are driven by a passion for patients and are dedicated to improving and enhancing lives through partnerships with clinicians and stakeholders across the global healthcare landscape.

Edwards Lifesciences continues to focus on investing in our people, our innovative technologies and our growth, and even with the challenges of the last several years, has remained dedicated to helping as many patients as possible. We recognize that our work impacts many stakeholders around the world, and we are committed to contributing value to the communities in which we operate.

At Edwards, our Credo defines our culture, strategic priorities, and our vision for sustainability and long-term value creation. Our environmental, social and governance (ESG) or sustainability targets are closely aligned with our corporate aspirations and are intended to address those topics that have been assessed to be of particular importance to Edwards and its stakeholders. We are proud to share our progress against those targets, shown in the table below.

The Edwards Lifesciences 2021 Sustainability Report has been prepared in accordance with the Global Reporting Initiative (GRI) Standards and with reference to the United Nations’ 17 Sustainable Development Goals (SDGs). Based on our assessment of the SDGs, we have focused our efforts on those areas where we believe we can have the most significant and meaningful impact:

  • UN SDG 3: Good Health and Well-Being - Ensure healthy lives and promote well-being for all at all ages
  • UN SDG 8: Decent Work and Economic Growth - Promote inclusive and sustainable economic growth, employment and decent work for all
  • UN SDG 12: Responsible Consumption and Production - Ensure sustainable consumption and production patterns.

Our aspirations

met met in progress in progress not met not met
icon aspirations transform Transforming patient lives with breakthrough medical technologies Edwards is driven by a passion to help patients, partnering with clinicians to develop innovative technologies in the areas of structural heart disease and critical care monitoring. We put patients first, working to produce better technologies that enable better outcomes for patients.
Current targets:
Remove barriers along the patient journey to continuously increase treatment rates for all indicated severe aortic stenosis patients
Ensure healthy lives and promote well-being for all at all ages
Reduce inequality within and among countries
Ensure that our therapies are addressing the needs of patients through an increasingly collaborative patient engagement process
Ensure healthy lives and promote well-being for all at all ages
Empower and activate patients by meaningfully increasing awareness of structural heart disease globally by 2024
Ensure healthy lives and promote well-being for all at all ages
Reduce inequality within and among countries
icon aspirations excel Excelling as a trusted partner through distinguished quality and integrity Edwards conducts business ethically and with integrity, providing the highest level of care and respect for our partners. We are committed to the quality and safety of our products, driving innovation and promoting resource efficiency.
Current targets:
Drive continuous improvement efforts to ensure no patient safety-related class I product removals
Ensure healthy lives and promote well-being for all at all ages
No significant disruption of product availability
Ensure healthy lives and promote well-being for all at all ages
Achieve a 35% reduction in recordable injury rates by 2025
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
Achieve ISO 14001 and 45001 certification at all manufacturing plants by 2025
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
By 2021, aim to achieve information security and privacy certifications for our digital and connected medical device platforms:
  • UL2900 certification for our new medical devices release, such as next generation HemoSphere monitoring platform
  • HITRUST certification for our upcoming Cloud portal that will process regulated patient health information of our customers
Industry, Inovation and Infrastructure



icon aspirations attract Fostering an inclusive culture where all employees grow and thrive Fulfilling our mission to help patients requires a strong, healthy and talented workforce. Edwards recruits top candidates, offers employee wellness and engagement programs and fosters a diverse and inclusive culture to help employees deliver their best.
Current targets:
By 2022, all global employees to have completed unconscious bias training, and new hires within six months of employment
Achieve gender equality and empower all women and girls
Reduce inequality within and among countries
Year-over-year positive trending globally of women in leadership positions
Achieve gender equality and empower all women and girls
Reduce inequality within and among countries
Year-over-year positive trending in the U.S. of ethnically diverse talent in leadership positions
Achieve gender equality and empower all women and girls
Ensure sustainable consumption and production patterns
Annual top talent retention resulting in voluntary turnover less than high performing benchmarks
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
Highly engaged workforce that exceeds industry, region and high performing benchmarks for employee engagement
Industry, Inovation and Infrastructure
icon aspirations strengthen Passionate engagement that strengthens our communities Edwards is committed to strengthening the health of our global communities. With patients as our top priority, we work to increase access to our innovative therapies, improve efficiency of healthcare processes, improve awareness of and treatment for life-threatening diseases and provide opportunities for our employees to give back.
Current targets:
Drive Edwards’ aspiration of 100% global employee participation in charitable activity with participation goals of 100% for the Senior Leadership Team (SLT)and an increase in global participation as measured by the Employee Engagement survey
Ensure healthy lives and promote well-being for all at all ages
Strengthen the means of implementation and revitalize the global partnership for sustainable development
By end of 2021, reduce product distribution air miles traveled by 3 million vs 2018 baseline
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
Ensure sustainable consumption and production patterns
Take urgent action to combat climate change and its impacts*
Every Heartbeat Matters will improve the lives of 2.5 million more underserved structural heart and critical care patients by the end of 2025
Ensure healthy lives and promote well-being for all at all ages
Reduce inequality within and among countries
Electronic instructions-for-use roll-out to all applicable business regions by end of 2022
Ensure sustainable consumption and production patterns
By 2025, reduce our environmental footprint according to Edwards’ EHS plan:
  • 10% reduction in waste generation intensity
Ensure access to affordable, reliable, sustainable and modern energy for all
Ensure sustainable consumption and production patterns
  • 10% reduction in water withdrawal intensity
Ensure availability and sustainable management of water and sanitation for all
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
Ensure sustainable consumption and production patterns
New targets:
  • Achieve carbon neutrality by 2030 and 1.5˚C science-based targets
Ensure access to affordable, reliable, sustainable and modern energy for all
Ensure sustainable consumption and production patterns
Take urgent action to combat climate change and its impacts*
  • Reduce product distribution air miles traveled by an additional 1.5 million by 2023 vs 2018 baseline
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
Ensure sustainable consumption and production patterns
Take urgent action to combat climate change and its impacts*
icon aspirations create Delivering exceptional shareholder value By delivering on our focused company strategy and implementing sustainability practices, Edwards positions itself for long-term profitability that will benefit our stakeholders and also our bottom line.
Current targets:
Integrate sustainability factors into the strategic planning process annually
Ensure sustainable consumption and production patterns
Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels
Include sustainability targets in the CEO’s performance goals annually
Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels
New targets:
  • Incorporate sustainability targets into the Senior Leadership Team annual performance objectives by 2022
Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels

While acting as a trusted partner in a responsible manner has always been a key tenet at Edwards, we began formally reporting our sustainability progress in 2014. To guide our ESG strategy and disclosure, in 2015, we established a Sustainability Council comprising senior leaders from across the organization. Each Council member has a sponsor from the Edwards Leadership Team who oversees the inclusion of sustainability within their part of the company. In 2016, we conducted our first ESG materiality assessment, which allowed us to identify and prioritize our management of key environmental, social and governance topics. We then set sustainability targets for each of our most important topics, which align naturally with our Aspirations. Our team continues to assess and report progress on our targets annually.

In 2019, we refreshed the materiality assessment using the Six Capitals of Integrated Reporting in prioritization of the identified important topics. More information on our materiality refresh can be found in our Materiality & Stakeholder Engagement section.

In 2021, we further integrated sustainability factors, including our goal setting process, into our overall corporate strategic planning process and initiated a readiness assessment for integrated reporting.

This report has been prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). This report covers all global Edwards subsidiaries. We also evaluated the SASB Standards for Medical Equipment and Supplies and have incorporated certain metrics into this year’s report. Please see our Content Index for more details. We annually report our climate and water impacts to CDP and respond to several sustainability rating and ranking surveys, including DJSI. We publish periodic philanthropy reports on our corporate giving initiatives. In addition, we publish our Sustainability Metrics at a Glance, which offers a multi-page snapshot of the metrics most used by external stakeholders. We use an interactive Governance Map that outlines our accountability process for material topics.