2017 DiversityInc Top 50 Announcement Event

CVS Health | DiversityInc Top 25 Noteworthy

WHY IT’S ON THE LIST

No company lives its purpose and values more than CVS Health, which made headlines when it stopped selling cigarettes and tobacco products in 2014. More recently, the company’s decision to rebuild the two CVS pharmacies burned in the Baltimore riots and donate $100,000 to help the city demonstrated its commitment to the communities it serves.

As CEO Larry Merlo stated: “Our purpose as a company is helping people on their path to better health. There is no better way that we can fulfill that purpose than to reopen our doors and get back to serving the community.”

From its Project Health initiative, which provides free health screenings to people in underserved neighborhoods, to its strong employee resource groups, CVS Health is a model for community involvement.

The company’s strategic diversity management efforts are led by Larry Merlo and Vice President, Workforce Strategies and Chief Diversity Officer David Casey.

CVS Health has 12 employee resource groups with 40 chapters nationwide. They are available to all employees, including hourly workers. This includes groups based on early career ethnicity, gender,generation, military status, disability, working families, analytics and the LGBT community. The company also has a blended groups focusing on Blacks/Latinos and a Portuguese & Latino group, as well as a Health & Wellness group.

The company encourages its employees to build up and support communities across the country. The CVS Health Community Crew is an online portal that helps employees search for volunteer opportunities, log and track volunteer hours, and sign up for payroll deductions to make charitable contributions. The portal also tracks the collective impact of employees’ giving of time and money to their respective communities.

DIVERSITY LEADERSHIP

Larry Merlo

CEO

“CVS Health is a pharmacy innovation company that is helping people on their path to better health. In order to achieve  and sustain breakthrough innovation, we must seek out, listen to and leverage the voices of our diverse customers, clients, colleagues and communities. To me, diversity and innovation go hand in hand.”

David Casey

Vice President, Workforce Strategies and Chief Diversity Officer

“For us, this work is about more than a handful of specific programs and initiatives. We consider diversity management a business process and a critical tool needed to meet our company objectives. In other words, it’s truly embedded in the way we do business.”

COMPANY FACTS

U.S. Headquarters: Woonsocket, R.I.
U.S. Employees: More than 200,000
Last Year’s Top 50 Ranking: 25 Noteworthy Companies