Our Healthy 2030 impact strategy outlines how we are creating a more equitable health care system and sustainable future. It reinforces our company’s strategy and is embedded in our purpose-driven culture. This strategy centers on our material topics and aligns with the Global Reporting Initiative (GRI) Standards. Healthy 2030 is constructed through our four-pillar framework — Healthy People, Healthy Business, Healthy Community and Healthy Planet. We are focused on making a meaningful, measurable impact within each of these pillars.
Our Board of Directors and our President and Chief Executive Officer (CEO) lead governance of our Healthy 2030 framework. The Nominating and Corporate Governance Committee of the Board of Directors is formally charged with over sight of impact strategy and performance, along with our President and Chief Executive Officer.
Our Chief Sustainability Officer (CSO) shares relevant impact-related impacts, risks and opportunities with the Nominating and Corporate Governance Committee semiannually, and the full Board annually. Additionally, the Nominating and Corporate Governance Committee reviews our annual Impact report.
In 2024, the Nominating and Corporate Governance Committee was engaged on several key topics, including:
- Climate change reporting and risks
- Progress toward achieving emissions reduction targets, including net-zero targets
- Sustainability initiatives across plastic, paper, waste, and other resource reduction
- Renewable energy procurement
- Philanthropic programs and investments
- Human capital matters
The Committee assesses how to oversee new initiatives through action and approval. Our CSO is responsible for developing our impact strategy and ensuring we progress against our goals. Under this direction, the Corporate Social Responsibility (CSR) & Philanthropy team regularly works with enterprise leaders to align our strategy with key business imperatives, and collaborates with colleagues throughout the company on programs and initiatives that drive social and environmental impact.
Our cross-functional Steering Committee is charged with advancing impact initiatives and progress to achieving our Healthy 2030 goals. The Steering Committee is comprised of senior leaders across the company at the vice president level and above, including representatives from human resources, legal and finance, as well as each of our business segments. These leaders and their teams are responsible for executing the day-to-day initiatives driving our progress.
Through our Healthy 2030 strategy, we have established several policies that govern our approach to issues of importance to our business and our stakeholders. Topics addressed include climate change, deforestation, human rights, and chemical management, all of which are located in our online Resource Library. These policies are reviewed and updated regularly.
Learn more in our Healthy 2030 Impact Report Appendix.
Remuneration
To advance our Healthy 2030 strategy, we have identified key colleagues and business leaders with direct oversight of initiatives that will help us achieve our goals. These colleagues are responsible for driving performance and meeting established targets as part of their business plans and annual goals. This includes members of our Steering Committee and their teams, and key senior leaders. The remuneration of these colleagues is partially linked to performance against these business plans.
In 2024, we evolved our workforce modifier to reflect a broader company culture metric and a more comprehensive measure of engagement and belonging, using colleague engagement survey results, and actions that reinforce CVS Health as an employer of choice for our colleagues while reinforcing leadership accountability. Progress will be measured based on the results of colleague engagement surveys, with a goal to maintain or improve scores over the year. Learn more in our annual Proxy.