Merit Medical Systems, Inc..
MMSI.US | Manufacture of medical and dental instruments and supplies
Merit Medical Systems, Inc. is a leading manufacturer and marketer of proprietary disposable medical devices used in interventional, diagnostic and therapeutic procedures, particularly in cardiology, radiology, oncology, critical care and endoscopy. The company offers a broad portfolio of products t...Show More
Better Health for All
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No evidence available to assess Merit Medical Systems, Inc. on Better Health for All.
Fair Money & Economic Opportunity
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No evidence available to assess Merit Medical Systems, Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
-10
Merit Medical Systems, Inc. reported a CEO to median employee pay ratio of 290:1 in 2024.
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The company has no public record of substantiated labor-law or human-rights violations in the provided articles.
Fair Trade & Ethical Sourcing
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No evidence available to assess Merit Medical Systems, Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
-20
Merit Medical Systems' Corporate Governance Guidelines, last amended on September 5, 2024, state that 60% of its directors must meet NASDAQ independence criteria.
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Kind to Animals
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No evidence available to assess Merit Medical Systems, Inc. on Kind to Animals.
No War, No Weapons
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No evidence available to assess Merit Medical Systems, Inc. on No War, No Weapons.
Planet-Friendly Business
-50
In 2023, Merit Medical's Scope 1 emissions were 3,072 metric tons CO₂e and Scope 2 emissions were 14,584 metric tons CO₂e.
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Scope 3 emissions are not reported.
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The company sourced 36% of its total energy consumption from renewable/carbon-free sources in 2023.
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Water intensity was 0.2004 m³ per $KRev in 2023, which translates to 200.4 m³ per $1M revenue.
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Over 2,500 metric tons of waste were recycled in 2023, and 600,000 lbs of packaging materials have been eliminated since 2021.
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The company is preparing for potential EPA regulations on ethylene oxide emissions, but no major environmental compliance violations were reported.
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The 2023 Sustainability Report qualitatively assesses physical and transitional climate risks and identifies opportunities, but does not provide TCFD-aligned disclosures, robust climate scenario analysis, or transparently disclose stranded asset risks.
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Respect for Cultures & Communities
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No evidence available to assess Merit Medical Systems, Inc. on Respect for Cultures & Communities.
Safe & Smart Tech
-40
The company has not experienced a material security breach, incurred material expenses, or been penalized for a breach in the last three years.
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A subsidiary, MERIT CRO, Inc., holds ISO 27001 (ISMS) and ISO 13485 (QMS) certifications, and its EXCELSIOR software is HIPAA compliant.
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The company also has ISO 45001, ISO 14001, and ISO 50001 certifications at multiple facilities.
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Merit Medical implements a continuing cyber awareness training program, including periodic phishing tests for all employees with email access.
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The company posts privacy notices on its websites and provides them to employees, and states it allows individuals reasonable access to their personal information.
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Merit Medical assesses risks from IT suppliers and vendors, and implements procedures to improve system security.
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It voluntarily engages third-party security auditors to test systems and controls at least annually against recognized security standards.
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The company retains personal information only as long as necessary.
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Merit Medical states it complies with major privacy regulations such as GDPR and HIPAA, and has compliance and anti-corruption policies.
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Zero Waste & Sustainable Products
-50
Merit Medical's recycling rate was 67% in 2024.
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The company does not accept products for take-back due to patient safety concerns.
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Merit has implemented several waste reduction initiatives, including the eWORQ program which saved 4,223,770 pieces of paper in 2024, and the Merit Smart Shipping program which saved 146,000 lb of packaging materials in 2023, totaling 600,000 lb since its inception.
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Merit Sensor recycles approximately 65% of water used in manufacturing and aims to increase this to 90%.
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The company uses ethylene oxide for sterilization and plans to optimize cycles to reduce the amount required, following EPA regulations.
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Merit has had zero Class I recalls and zero FDA enforcement actions.
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The company has set operational sustainability goals for 2030, including a 10% or more decrease in energy intensity, 15% or more decrease in GHG emissions, and 10% or more decrease in water intensity, all indexed to revenue.
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Merit partners with Sedex to gain transparency into suppliers' social and environmental metrics, but no specific waste-related requirements for suppliers are stated.
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Customers can identify products with packaging waste eliminations by the red Merit Smart Shipping symbol on the box.
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