The social responsibility part of corporate leadership
started as a side job and blossomed into an entire career.
So, it pays the rent. Jokes aside, I just wanted to link to the story. I remember when CVS mad the decision to remove tobacco from their stores. Applauded it then and now. It was nice to see this article on the woman responsible.
Earlier this year, the pharmacy chain launched “Be the
First,” a $50 million joint venture with a number of other organizations aimed
at driving down rates of smoking and tobacco use. The initiative follows the
company’s decision to remove tobacco products from its shelves in 2014.
Thanks Ms. Boone and CVS for doing the right thing despite the costs. Could you talk to the folks in Congress?
Still, shareholders took some convincing. “$2 billion isn’t
something where you go, ‘Whew, OK,’ ” Howard Boone says, pitching her voice up
and out in a vocal shrug. “But it helped pave the way with better alliances
with our partners and providers.”
And it lent CVS more credibility as a health-care company.
“It’s a business function,” she continues. “We’re trying to support our
long-term growth, and when we’re doing it in a socially responsible way, it
really benefits the company and stakeholders.”
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