Rite Aid Releases Inaugural Corporate Social Responsibility Report Demonstrating Commitment to CSR Initiatives
June 28 2019 - 10:00AM
Business Wire
With a continuous commitment to the promotion and execution of
socially responsible company management, Rite Aid has released its
inaugural corporate social responsibility report. The report
highlights the company’s latest accomplishments with respect to the
economic, environmental and social issues related to our business.
The framework for the report was based on guidance from the
Sustainability Accounting Standards Board (SASB) as well feedback
from key internal and external stakeholders.
The report addresses the areas of governance in corporate social
responsibility, data security, environmental sustainability, supply
chain sustainability, health and wellness, including healthcare
access, workplace environment, community involvement and workplace
diversity and inclusion. Additionally, the report outlines Rite
Aid’s commitment to continually evaluating and enhancing the
company’s processes to provide the communities it serves with the
highest level of value based care possible.
“As a retail healthcare company that operates in many
communities throughout the country and engages with millions of
patients and customers through our various lines of business, we
believe we’re in a unique position to make a meaningful difference
in the lives of our customers, associates and neighbors,” said John
Standley, CEO, Rite Aid. “Now more than ever, we are dedicated to
integrating sustainable Environmental, Social and Governance (ESG)
initiatives into our operations and expanding the scope of these
initiatives.”
Key highlights from the report include the company’s initiatives
to drive energy efficiency and waste minimization, manage
controlled substances, combat the nation’s opioid crisis and
eliminate undesirable chemicals from the products it sells.
Rite Aid works to continuously improve the health and wellness
of the communities it serves. With 51,000 associates, 2,366 retail
locations in 18 states, and a full service pharmacy benefit
management company, EnvisionRxOptions, the company is actively
engaged in seeking innovative methods of serving its key
stakeholders that prioritize economic, environmental and social
responsibility. Rite Aid’s corporate social responsibility report,
can be found here.
About Rite Aid Corporation
Rite Aid Corporation (NYSE: RAD) is one of the nation's leading
drugstore chains with fiscal 2019 annual revenues of $21.6 billion.
Information about Rite Aid, including corporate background and
press releases, is available through the company's website at
www.riteaid.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190628005289/en/
MEDIA: Rite Aid Chris Savarese 717-975-5718
Christopher.Savarese@riteaid.com
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