Our partnerships with diverse suppliers not only help us ensure that our products and services evolve to meet the needs of our customers, they also contribute to the economic growth of communities across the country.
In 2018, CVS Health’s engagement with small and diverse businesses led to over $5.5 billion in contributions to the U.S. economy, including sustaining 31,095 U.S. jobs. with a total of $2.2 billion in wages. Additionally, our spending with small and diverse suppliers totaled $2.2 billion.
Throughout 2018, we worked with thousands of small and diverse businesses across the country, including 398 owned by women, 373 owned by minorities, 124 owned by veterans and 1,667 small businesses.
In August 2018, we celebrated these partnerships by hosting the annual Billion Dollar Roundtable Summit, which recognizes companies that achieve spending of at least $1 billion with certified diverse suppliers that are primarily minority- or woman-owned.
Our Supplier Diversity Program was recognized by several leading organizations in 2018. Among those accolades, the Women’s Business Enterprise National Council named CVS Health a Top Corporation for Women’s Business Enterprises, and we were ranked tenth nationally on Diversity Inc.’s list of Top 15 Supplier Diversity Programs.