Masimo Corporation and its subsidiaries are dedicated to complying with the California Transparency in Supply Chains Act of 2010 and the UK Modern Slavery Act of 2015. This notice summarizes Masimo's initiatives to eliminate the risk of slavery and human trafficking in Masimo's supply chain. This document serves as our disclosure for Masimo Corporation and its subsidiaries for the fiscal year ended December 31, 2018 and is approved by the board of directors.
Masimo Corporation is a global medical technology company that develops and manufactures innovative noninvasive patient monitoring technologies, medical devices, and a wide array of sensors. Masimo is committed to improving patient care globally, with operations in North America, Europe, Latin America, the Middle East, Asia, and Australia.
Masimo maintains internal policies for managing its supply chain business partners and adheres to the Code of Business Conduct and Ethics, available on the company website at:
Due Diligence and Verification
Masimo prohibits any form of forced labor, including slavery and human trafficking in its supply chain. Masimo evaluates suppliers through questionnaires, supplier audits, and risk-based assessments. Verification is not conducted by a third party.
Masimo audits suppliers identified as higher risk to evaluate compliance with company standards for trafficking and slavery in supply chains. Verification is not made by an independent, unannounced audit.
Masimo's supplier agreements and purchase order terms and conditions require suppliers to comply with all applicable laws and regulations. Currently, we do not require suppliers to certify that materials incorporated into the product comply with the laws regarding slavery and human trafficking of the countries in which they are doing business.
Masimo requires all employees, directors, officers, and consultants to comply with our Code of Business Conduct and Ethics which prohibits any form of forced labor, including slavery and human trafficking in the supply chain. Masimo maintains a compliance program and periodically requires employees to certify compliance with the Code, investigates potential violations of the Code and other company policies, and takes disciplinary action when necessary.
Masimo's supply chain management and staff receive training on applicable company procedures designed to eliminate the risk of human trafficking and slavery in the supply chain.