Boston Scientific earns dual recognition for ethical business practices and corporate culture
Boston Scientific has been named one of America’s Most Just Companies by Forbes and Just Capital, and a Culture Champion by the MIT Sloan Management Review and Glassdoor Culture 500. These recognitions reflect the company’s ongoing commitment to doing right by employees, customers, communities and the environment —and being held accountable for it.
With the 38th spot on the JUST 100—the second year the company has appeared on the list—Boston Scientific ranks number one overall for advancing diversity, equity and inclusion, and is commended for supporting employees, responding to social injustice issues, combating climate change and ethical leadership.
In one of the largest systematic studies of corporate culture ever conducted, researchers at MIT measured feedback from more than a million employees to identify companies with the most robust corporate cultures. In the end, Boston Scientific is one of 21 companies named as a Culture Champion.
“Of all the corporate cultures we studied, Boston Scientific jumped off the page with its multidimensional strengths,” said Charlie Sull, one of two lead researchers of the Culture 500. “To combine deep patient centricity and a genuine commitment to diversity is a rare thing in a company, and these are just two of the areas in which Boston Scientific excels culturally.”
According to research from Catalyst, companies with diverse and inclusive cultures are twice as likely to meet or even exceed their financial targets and are six times more likely to innovate.
“At Boston Scientific, our inclusive culture is geared toward meeting the needs of our customers and patients. It’s not a question of doing the right thing instead of focusing on the bottom line; it’s about doing the right thing as the best way to achieve sustainable, long-term growth,” said Mike Mahoney, Boston Scientific chairman and CEO. “There is always more we can do, and we are pushing ourselves further year over year.”