CVS launched its supplier diversity program in 2000, demonstrating a long-standing commitment to fostering an inclusive business environment and driving economic growth in underrepresented communities. Over the years, the program has achieved major milestones, including its 2017 induction into the Billion Dollar Roundtable, the 2018 acquisition of Aetna and the integration of their supplier diversity programs, and the 2023 launch of the Diverse Supplier Showcase to highlight diverse suppliers, including women-owned businesses.
Actively advocating for women entrepreneurs, CVS collaborates with industry associations, government agencies, and advocacy groups to promote policies supporting diversity. A notable success story is its partnership with Panic Panties, which began at the 2022 Women’s Business Enterprise National Council Innovate event and led to the brand’s products being sold in thousands of CVS stores. Looking ahead, CVS aims to establish a world-class supplier diversity program by 2030, setting a new industry benchmark for inclusion and equity.
WBE HALL OF FAME HONOREE
