WOONSOCKET, R.I., April 25, 2018 /PRNewswire/ -- CVS Health
(NYSE: CVS) today released its 11th annual Corporate
Social Responsibility (CSR) Report, detailing its latest efforts to
shape the future of health care, reduce environmental impacts and
exemplify corporate leadership in fulfilling the company's purpose
of helping people on their path to better health.
Among the company's key CSR initiatives in 2017 were an
enterprise response to combatting the opioid crisis, the
development of a carbon emissions reduction target in line with
climate science, and a rapid and robust response to a series of
natural disasters that impacted CVS Health operations, colleagues
and communities. The company also made new commitments to increase
access to health care for veterans and military families, as well
as to address the nation's skills gap through its Registered
Apprenticeship program. To further align enterprise goals and
values with the UN Sustainable Development Goals, CVS Health became
the first U.S. pharmacy chain to join the United Nations Global
Compact, the world's largest corporate sustainability
initiative.
"At CVS Health, we serve as the front door to health care –
touching the lives of one in three Americans, with a presence in
thousands of communities across the country. We are playing an
active role in providing more affordable, accessible, and effective
care, and our corporate social responsibility strategy supports
these efforts," said Larry Merlo,
President and Chief Executive Officer for CVS Health. "Looking
ahead, we will continue to align our CSR goals with CVS Health's
leading position at the heart of health care delivery in
the United States."
CVS Health's CSR framework, Prescription for a Better
World, spans efforts across three strategic pillars: Health
in Action, Planet in Balance and Leader in Growth.
Within each pillar, the company has established goals and
measurable, time-bound targets to ensure accountability. The
company also reports on progress made against each target in this
year's Report.
"In 2017, we established new leadership positions across a range
of CSR issues. We were thoughtful and determined in how we
generated impact by leveraging our size, scale and expertise," said
Eileen Howard Boone, Senior Vice
President, Corporate Social Responsibility and Philanthropy.
"Collaboration with our many internal and external partners drove
us forward. Their partnership and support will continue to be
central to the advancement of our CSR strategy."
Notable accomplishments in 2017 include:
Health in Action
- An enhanced utilization management program to ensure that
opioids are being prescribed and used appropriately, consistent
with guidelines set by the U.S. Centers for Disease Control and
Prevention
- Launch of in-store medication disposal units to safely collect
medication that could otherwise be diverted, misused or abused
- Significant progress against 2020 targets to help deliver the
first tobacco-free generation, including 4.4 million youth reached
with tobacco-free messaging and 128 new tobacco-free educational
institutions
- An expanded partnership between MinuteClinic and the U.S.
Department of Veterans Affairs to provide access to affordable
health services for more than 120,000 veterans
- Delivery of more than $6.4
million in services through the Project Health free health
screening campaign, which since 2006, has resulted in more than
$122 million in services
provided
Planet in Balance
- Submission of a science-based emissions reduction target for
approval from the Science Based Targets initiative
- The removal of chemicals of consumer concern across nearly 600
store brand beauty and personal care products
- Progress toward the company's 2020 target of sustainably
sourced palm oil in all store brand products containing this
ingredient
- The diversion of 48 percent of company-generated waste to
recycling and reuse through ongoing, data-driven improvement
projects
Leader in Growth
- Record spending with diverse and women-owned suppliers, and the
establishment of new spending targets for 2020
- Inclusion on DiversityInc's Top 50 Companies for Diversity list
for the first time, a result of a greater focus on diverse supplier
spending and management-level recruitment
- The opening of a Talent Connect Center in Fort Bragg, NC to connect service members and
their spouses with career training and employment opportunities as
they transition from military to civilian life
CVS Health's 2017 CSR Report was developed in accordance with
the Global Reporting Initiative (GRI) Sustainability Reporting
Standards, a global framework widely used by organizations to
report on CSR and sustainability performance. The company completed
a materiality assessment in 2017 and focused its reporting on
topics that reflect its most significant economic, environmental,
and social impacts, or that substantively influence the assessments
and decisions of stakeholders.
The Report is available online at
cvshealth.com/social-responsibility.
About CVS Health
CVS Health is a pharmacy innovation
company helping people on their path to better health. Through its
more than 9,800 retail locations, more than 1,100 walk-in medical
clinics, a leading pharmacy benefits manager with more than 94
million plan members, a dedicated senior pharmacy care business
serving more than one million patients per year, expanding
specialty pharmacy services, and a leading stand-alone Medicare
Part D prescription drug plan, the company enables people,
businesses and communities to manage health in more affordable and
effective ways. This unique integrated model increases access to
quality care, delivers better health outcomes and lowers overall
health care costs. Find more information about how CVS Health is
shaping the future of health at https://www.cvshealth.com.
Contacts:
Media Contacts:
Joe Goode, 401-770-9820
Joseph.Goode@CVSHealth.com
Mary Gattuso, 401-770-9811
Mary.Gattuso@CVSHealth.com
Investor Relations:
Mike McGuire, 401-770-4050
Michael.Mcguire@cvshealth.com
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SOURCE CVS Health