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Science. Humanity. Purpose. - Boston Scientific

Science. Humanity. Purpose. 2020 PERFORMANCE REPORT Boston Scientific 2020 Performance Report 1 Our Mission Patient Spotlight Table of Contents A Message to Company Profile Transforming Care Investing in Advancing Protecting the Creating Value Stakeholders Our People Possibilities Environment ResponsiblyBoston Scientific is dedicated to transforming lives through innovative medical solutions that improve the health of patients around the science, humanity and purpose connect, lives can be transformed. Advancing science for lifePURPOSEA deep caring for human lifeHUMANITYP ushing the boundaries of what s possibleSCIENCE Boston Scientific 2020 Performance Report 2 Our Mission Patient Spotlight Table of Contents A Message to Company Profile Transforming Care Investing in Advancing Protecting the Creating Value Stakeholders Our People Possibilities Environment ResponsiblyAt Boston Scientific , our 2020 story unfolded through the experi

combat racism in the United States, with a focus on advocacy in five areas: community, economic empowerment, education, health care disparities and government policy. Through Close the Gap, launched a public service advertising campaign to increase awareness of health disparities and promote resources to help health care providers address them.

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Transcription of Science. Humanity. Purpose. - Boston Scientific

1 Science. Humanity. Purpose. 2020 PERFORMANCE REPORT Boston Scientific 2020 Performance Report 1 Our Mission Patient Spotlight Table of Contents A Message to Company Profile Transforming Care Investing in Advancing Protecting the Creating Value Stakeholders Our People Possibilities Environment ResponsiblyBoston Scientific is dedicated to transforming lives through innovative medical solutions that improve the health of patients around the science, humanity and purpose connect, lives can be transformed. Advancing science for lifePURPOSEA deep caring for human lifeHUMANITYP ushing the boundaries of what s possibleSCIENCE Boston Scientific 2020 Performance Report 2 Our Mission Patient Spotlight Table of Contents A Message to Company Profile Transforming Care Investing in Advancing Protecting the Creating Value Stakeholders Our People Possibilities Environment ResponsiblyAt Boston Scientific , our 2020 story unfolded through the experiences of health care professionals, patients, our employees and communities during a global pandemic.

2 As we saw humanity tested, our people stepped up in unforeseen ways to work safely as they served customers and navigated the complexities of delivering critical solutions to patients everywhere. In a year of reckoning, we were compelled to act inside and outside the company as we came face to face with deep social unrest, inequities and health disparities. Our people cared for one another and our communities in ways never imagined as they stayed true to our values and focused on addressing the needs of Chang is one of those patients. Her experience exemplifies why we are dedicated to advancing science for life and why when science, humanity and purpose come together we can change and save lives.

3 We re focused on delivering meaningful innovations and making sure everyone who needs quality care gets it. That objective became very real for my family in 2020. The hard work of people across Boston Scientific saved my mom s life. Camille Chang Gilmore, global chief diversity, equity and inclusion officer, Boston Scientific , and Pamela s daughter I feel much better. I don t know if I could run a marathon, but I could try! Pamela Chang, Boston Scientific patient, and Camille s momPamela Chang is a survivor. The 73-year-old has a long, complex history of heart disease, but to her family, she is a pillar of strength. After immigrating to the United States from Jamaica, she worked as a nurse for 40 years and took on multiple shifts to ensure her children, including our Chief Diversity, Equity and Inclusion Officer Camille Chang Gilmore, could go to college.

4 Over the years, Pamela has been treated with several coronary therapies from Boston Scientific . But recently, after experiencing painful swelling in her right leg, physicians discovered blockages there. Pamela underwent a peripheral vascular procedure, in which doctors used Boston Scientific technology to open the blood vessels in her lower leg and foot. Now, once again, Pamela is back enjoying a full life with her family. Watch Pamela s story Boston Scientific 2020 Performance Report 3 Our Mission Patient Spotlight Table of Contents A Message to Company Profile Transforming Care Investing in Advancing Protecting the Creating Value Stakeholders Our People Possibilities Environment ResponsiblyTable of ContentsThis report has been prepared in accordance with the Global Reporting Initiative guidelines.

5 Unless otherwise indicated, data in the 2020 Performance Report Addendum are as of December 31, 2020, or for the one-year period ending in December 31, 2020, as OUR MISSION2 PATIENT SPOTLIGHT: PAMELA CHANG4 A MESSAGE FROM OUR CHAIRMAN, PRESIDENT AND CEO 7 COMPANY PROFILE 7 Boston Scientific at a Glance 8 Meaningful Innovation 9 Boston Scientific by the Numbers 10 Corporate Social Responsibility at Boston Scientific11 TRANSFORMING CARE 12 Our Approach to Innovative and Quality Products 17 Building Digital Capability 19 Collaborating with Customers23 INVESTING IN OUR PEOPLE 24 Talent and Company Culture 27 Fostering a Diverse.

6 Equitable and Inclusive Culture 32 Benefits to Fit People s Lives 34 Prioritizing Employee Health and Safety35 ADVANCING POSSIBILITIES 36 Confronting Health Inequities 38 Playing Our Part: Combating racism 39 Supporting Our Communities46 PROTECTING THE ENVIRONMENT 47 Responding to Climate Change 50 Our Environmental Impact55 CREATING VALUE RESPONSIBLY 56 Compliance, Ethics and Integrity 58 Risk Management and Global Security 60 Governance 62 Sustainable Supply Chain Boston Scientific 2020 Performance Report 4 Our Mission Patient Spotlight Table of Contents A Message to Company Profile Transforming Care Investing in Advancing Protecting the Creating Value Stakeholders Our People Possibilities Environment ResponsiblyMike Mahoney, Chairman.

7 President and CEO2020 has been a year unlike any we could have imagined. As a society, we confronted COVID-19 and its economic fallout. We watched the pandemic take a disproportionate toll on communities of color, and we saw long-standing inequities and systemic racism painfully exposed. We experienced political unrest as well as the continued devastating effects of climate change. Amid this disruption, Boston Scientific was guided and united by our mission to transform lives through medical solutions that improve the health of patients around the world. Our 38,000 employees were led by our values, and we fulfilled our mission as a global business and as a global corporate citizen.

8 A Message from Our Chairman, President and CEO2020 taught us that when science, humanity and purpose connect, we can make a meaningful difference in the world. We measure our progress by the ways in which we transform care, invest in our people, advance possibilities, protect the environment and create value responsibly. In a year without precedent our teams were resilient and agile, and as a result of their hard work our business remains strong. We invested more than $1 billion in research and development and brought to market 69 new products to advance patient care. Our teams conducted 119 clinical studies and pursued opportunities to expand access to health care in emerging markets.

9 We increased our digital investments in customer and patient engagement, medical education , and remote support for clinical trials. Most important, we touched the lives of nearly 30 million patients, took care of one another and supported communities in need. Responding to COVID-19 Boston Scientific mobilized quickly to protect our employees and support global COVID-19 relief efforts. We helped communities by contributing more than $18 million in aidthrough monetary and supply donations and by volunteering and providing expertise and resources in engineering and manufacturing. Here are some noteworthy examples of what we accomplished: Assembled more than one million face shields and donated them to health care providers.

10 Worked with the University of Minnesota Bakken Medical Devices Center and others in the industry to create the Coventor, an emergency resuscitator that can be used when traditional ventilators are not available. Boston Scientific 2020 Performance Report 5 Our Mission Patient Spotlight Table of Contents A Message to Company Profile Transforming Care Investing in Advancing Protecting the Creating Value Stakeholders Our People Possibilities Environment Responsibly Collaborated with an international coalition of medical experts, clinicians and industry leaders to design and develop the Pneumask Face Shield, a reusable full-face mask that was authorized by the Food and Drug Administration (FDA) for use as personal protective equipment in clinical settings.


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