CVS Caremark releases second annual CSR report

WOONSOCKET, R.I. CVS Caremark released its 2008 Corporate Social Responsibility report Wednesday, titled "Improving Outcomes."

The company's second annual CSR report includes new and updated information about CVS Caremark's environmental, social and economic performance during 2008.

"Our publication of this report highlights our ongoing commitment to make a positive contribution in the lives of our customers, shareholders, employees, and those in our local communities," said Tom Ryan, CVS Caremark Chairman and CEO. "During our second year of reporting we made significant progress, especially on environmental management tracking initiatives. Our focus is on improving outcomes. It's an attitude we bring to every aspect of our business and our commitment to CSR is no different. We look forward to updating our stakeholders in the future as we improve our own CSR outcomes."

The comprehensive report covers a wide range of topics, including the company's approach to accessible and affordable health care, the environment, customer privacy, workplace engagement and corporate governance. The report also highlights notable accomplishments the company has made since last year's report, including assessing the company's carbon footprint.