Edwards Lifesciences Corporation

Edwards Lifesciences Corporation is a Humankind 100 company whose ranking is based on its Humankind Value, a proprietary metric that provides an estimate of the overall dollar amount a company creates for investors, consumers, employees, and society at large.

Edwards Lifesciences Corp is an American medical technologies company specializing in artificial heart valves and hemodynamic monitoring. The company partners with physicians to innovate products designed to help patients live longer, healthier, and more productive lives.

Ticker: EW

Humankind Value: $27.3 B

Revenue: $4.4 B

Market Cap: $65.7 B

(All values are in US Dollars, where M=Million, B=Billion, T=Trillion.)

Medical device research and development is responsible for substantive gains in length and quality of life, perhaps most profoundly in fighting cardiovascular disease and immobility via implantable technologies. Edwards Lifesciences Corp. is responsible for positive Humankind Value, primarily due to Medical Devices ($24.3 B), Medical Services ($1.7 B), and Economic Value ($1.3 B). The value associated with Medical Devices and Medical Services contains our estimation of 538,226.2 additional years lived by people worldwide. Its economic value comes from offering to consumers goods and services that they value, paying employees for their labor in producing these goods and services, and providing value for shareholders. Downsides for this company are associated with Greenhouse Gases (-$161.7 M) and Opioid Abuse (-$145.9 M). Medical Devices and Economic Value are attached to this company as a result of its direct business activities. Medical Services, Greenhouse Gases, and Opioid Abuse are mostly or entirely a result of supply-chain relationships.

How the Humankind Value Methodology Drives the Rankings

We take a quantitative, data-driven approach to estimating the economic impact that companies have on investors, customers, employees, and society at large, rolling social responsibility into a single dollar value that we use to represent what a company is contributing to humanity. As far as we can tell, we're the first ones doing it this way.

How Methodology Drives the Rankings