PR Newswire
WOONSOCKET, R.I., April 25, 2018
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:
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Health in Action
Planet in Balance
Leader in Growth
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
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