CVS Health releases its tenth annual Corporate Social Responsibility (CSR) Report

WOONSOCKET, R.I., 2017-May-11 — /EPR Retail News/ — CVS Health (NYSE: CVS) today (05.10.17) released its tenth annual Corporate Social Responsibility (CSR) Report, entitled Prescription for a Better World, providing updates on progress against the company’s 2016 CSR goals, and establishing several new performance targets.

Accomplishments in 2016 spanned the company’s strategic CSR pillars of Health in Action, Planet in Balance and Leader in Growth and illustrate its efforts to make health care more affordable, accessible and effective; provide customers with healthier and more sustainable products; and operate its business sustainably and responsibly.

New performance targets introduced in this year’s report include expanding the company’s commitment to preventing and mitigating prescription drug abuse by increasing pharmacist education and outreach to 750,000 children and families by 2020. In addition, to respond to the health care industry’s complex and ever-changing compliance landscape, the company is harnessing new technologies that help colleagues stay informed of and comply with regulations and has committed to providing more than two million hours of annual compliance training to colleagues across the enterprise.

“We’re incredibly proud of everything we accomplished in 2016 and believe that our business contributions have helped to address critical health care issues and deliver more affordable, accessible and effective care,” said Larry Merlo, President and Chief Executive Officer for CVS Health. “Our corporate social responsibility strategy supports our growing business while helping people on their path to better health and making the world a healthier place to live.”

Key highlights from the 2016 Report include:

Health in Action

  • Delivered a low-cost alternative to auto-injectable epinephrine as one way to increase the affordability of prescription drugs
  • Broadened MinuteClinic services and piloted a first-of-its-kind partnership with the U.S. Department of Veterans Affairs to offer clinic services to more than 60,000 veterans served by the Palo Alto VA. The success of the pilot resulted in the recent expansion of the program to provide quality care to veterans served by the Phoenix VA Health Care System.
  • Expanded healthier food and beverage offerings to more than 2,900 stores nationwide
  • Reached more than 170,000 students with prescription drug abuse education through the Pharmacists Teach program
  • Introduced Be The First, a five-year, $50 million initiative to help deliver the nation’s first tobacco-free generation

Planet in Balance

  • Advanced efforts to address chemicals of consumer concern by announcing the removal of parabens, phthalates and the most prevalent formaldehyde donors across nearly 600 beauty and personal care products from its store brand CVS Health, Beauty 360, Essence of Beauty, and Blade product lines
  • Published and implemented a Responsible Palm Oil Sourcing Policy and committed to sourcing 100 percent of palm oil used in CVS Health products from verified, responsible sources by 2020
  • Committed to developing a science-based emissions reduction target to align greenhouse gas emission reductions with global emissions budgets generated by climate models and joined more than 250 companies setting their emissions reduction targets in line with climate science

Leader in Growth

  • Published a Human Rights Policy that formalizes practices within our workplace and supply chain and aligns with the United Nations Guiding Principles on Business and Human Rights
  • Achieved our goal of spending $1 billion annually with diverse suppliers by 2017, one year ahead of schedule, and became one of 26 U.S.-based companies named to the Billion Dollar Roundtable, a top-level corporate advocacy organization that promotes supply-chain diversity excellence
  • Committed to expanding the company’s Registered Apprenticeships program to 3,000 participants by 2020

Prescription for a Better World is more than the title of our report it’s a comprehensive approach to CSR that engages colleagues across our organization to make measurable progress in fulfilling our purpose,” Eileen Howard Boone, SVP of Corporate Social Responsibility and Philanthropy for CVS Health writes in the Report. “As I look ahead to the next ten years, I see so many opportunities for our CSR strategy to play an even bigger role in supporting our business and delivering value to our customers, communities and stakeholders.”

The Report was developed in accordance with the Global Reporting Initiative (GRI) G4 Guidelines, an international framework that is widely used by organizations to report on their CSR and sustainability performance. For more information on GRI, visit http://www.globalreporting.org/.

The Report is available online at http://cvshealth.com/social-responsibility/corporate-social-responsibility.

About CVS Health
CVS Health is a pharmacy innovation company helping people on their path to better health. Through its nearly 9,700 retail locations, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with nearly 90 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.

SOURCE: CVS Health

Contacts

Media:
Joe Goode
(401) 770-9820
Joseph.Goode@CVSHealth.com

Investor Relations:
Nancy Christal
(401) 770-3614
Nancy.Christal@CVSHealth.com

CVS Health launches second year of its five year commitment to help deliver the nation’s first tobacco-free generation

WOONSOCKET, R.I., 2017-Mar-15 — /EPR Retail News/ — CVS Health (NYSE: CVS), the nation’s largest pharmacy innovation company, today announced it will fund $10 million in new and expanded partnerships and programs to launch the second year of Be The First, the company’s five year, $50 million commitment to help deliver the nation’s first tobacco-free generation. The partnerships and programs will roll out throughout 2017 and build upon the success of the first year in the areas of anti-smoking education, tobacco-control advocacy, and healthy behavior programming.

“Tobacco continues to be the leading cause of preventable disease and death in the United States, yet 2,100 youth and young adults still become daily cigarette smokers,” said Troyen Brennan, M.D., M.P.H., and Chief Medical Officer for CVS Health. “CVS Health recognizes that by bringing together experts in the public health community and aggressively implementing strategies to reduce tobacco use, we have the opportunity to deliver the first tobacco-free generation.”

Be The First was introduced in March 2016 and is directed at youth and young adults who currently smoke or are at risk of becoming regular tobacco users; the country’s 3 million elementary school children who, without early tobacco education, may become future tobacco users; and adult smokers who expose children to tobacco use. Since launching the initiative, CVS Health has reached nearly 5 million young people with anti-smoking programming and has helped 20 colleges and universities pursue 100% smoke-and tobacco-free campus policies.

“In the year since we introduced Be The First, we’ve seen very good progress, but we know there is much more to be done in schools, on college campuses and in our communities,” said Eileen Howard Boone, president of the CVS Health Foundation. “We’re pleased to sustain this momentum by expanding partnerships with best-in-class organizations and identifying new partners that will bring the expertise needed to move us one step closer to the first tobacco-free generation.”

Helping Our Kids “Kick Butts”

As part of the CVS Health Foundation’s five year, $5 million commitment to support the efforts of the Campaign for Tobacco-Free Kids, the CVS Health Foundation is funding a new online training program with courses to train youth and adults to become tobacco prevention ambassadors. These courses are focused on how tobacco affects youth, including the growing availability of candy-flavored e-cigarettes and cigars, and ways for people to advocate for tobacco-free communities. The announcement of this new resource coincides this week with Kick Butts Day on March 15, the Campaign for Tobacco Free Kids’ national day of activism that empowers youth to stand out, speak up and mobilize their communities in fighting tobacco use.

“CVS Health has shown tremendous leadership in helping people lead tobacco-free lives by bringing the public health and private sector communities together to work on this public health crisis,” said Matthew L. Myers, president, Campaign for Tobacco-Free Kids and member of CVS Health’s Be The First national advisory council. “We look forward to continuing to work with CVS Health to improve the lives of America’s children and young adults and win the fight against tobacco for good.”

Promoting Tobacco-Free College Campuses

As part of Be The First, CVS Health set actionable and measurable goals, including a doubling of the number of tobacco-free educational institutions in the United States. In 2017, the CVS Health Foundation and American Cancer Society will continue to help accelerate the number of colleges and universities that advocate for, adopt and implement a 100% smoke- and tobacco-free campus policy by supporting more than 50 new schools in their tobacco control efforts. Interested schools can apply online at www.cancer.org/tfgci.

This spring, the CVS Health Foundation and Truth Initiative, the national public health organization that leads truth, the nation’s largest youth tobacco prevention campaign, will announce an expanded partnership to help Historically Black Colleges and Universities and community colleges across the country adopt 100% tobacco-free policies. This effort is especially relevant because African-American and low-income communities have been the target of tobacco industry marketing for decades.

Raising Awareness Across Communities

To increase awareness and advocacy in the communities it serves, CVS Health and the American Lung Association’s LUNG FORCE are teaming up in the fight against tobacco to win the battle against lung cancer. The campaign, which will launch in May, will give customers an easy way to spread tobacco-free messaging in their communities and take advantage of tobacco-free resources for their towns, schools and public areas.

Delivering Smoking Cessation Services to Cancer Patients

CVS Health is also continuing its focus on supporting community-based cessation programs for adult smokers, who cause damage to their own health, as well as expose children to tobacco use and secondhand smoke. Later this year, Later this year, the CVS Health Foundation, through a partnership with the National Cancer Institute, will invest nearly $1 million to address smoking cessation in the oncology setting across several of the nation’s leading cancer hospitals.

Be The First is funded through CVS Health and the CVS Health Foundation, and comprises comprehensive anti-smoking education, tobacco control advocacy and healthy behavior programming in partnership with organizations uniquely positioned to tackle this public health challenge. For more program information, visit www.cvshealth.com/bethefirst.

About CVS Health
CVS Health (NYSE: CVS) is a pharmacy innovation company helping people on their path to better health. Through its more than 9,700 retail locations, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with nearly 90 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.

About the CVS Health Foundation
The CVS Health Foundation is a private charitable organization created by CVS Health that works to build healthier communities, enabling people of all ages to lead healthy, productive lives. The Foundation provides strategic investments to nonprofit partners throughout the U.S. who help increase community-based access to health care for underserved populations, create innovative approaches to chronic disease management and provide tobacco cessation and youth prevention programming. We also invest in scholarship programs that open the pathways to careers in pharmacy to support the academic aspirations of the best and brightest talent in the industry. Our philanthropy also extends to supporting our colleagues’ spirit of volunteerism through Volunteer Challenge grants to nonprofits where they donate their time and fundraising efforts. To learn more about the CVS Health Foundation and its giving, visit www.cvshealth.com/social-responsibility.

Media Contact: Mary Alfieri, mary.alfieri@cvscaremark.com, 401-770-9811

SOURCE CVS Health