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Share Name | Share Symbol | Market | Type |
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Rite Aid Corp | NYSE:RAD | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.6483 | 0 | 01:00:00 |
Company Provides Progress Updates and Standards for Environmental Responsibility, DEI, Community Impact and More
Rite Aid (NYSE: RAD) today published its fourth annual Environmental, Social and Governance (ESG) Report, detailing the company’s strategy and progress against goals over the past year. This year’s report addresses the four ESG pillars introduced in the company’s 2021 report: Thriving Planet, Thriving Business, Thriving Workplace and Thriving Community.
“As a purpose-driven healthcare organization, we recognize the need to do our part in minimizing our environmental footprint and making a positive impact through our associates in the communities we serve,” said Paul Gilbert, Chief Legal Officer overseeing ESG efforts at Rite Aid. “Our advancement thus far is exciting, and we look forward to further progress in the months and years ahead.”
This year’s report furthers Rite Aid’s commitment to transparency and accountability on important topics and acts as a benchmark to help inform future ESG priorities and goals.
Thriving Planet Rite Aid advanced its objective of reducing the company’s environmental impact by lessening energy demand, transitioning to lower carbon energy sources, minimizing waste and improving fleet efficiency. Specifically:
Thriving Business Rite Aid is working to embed sustainability in every level of its value chain, improving supply chain transparency and engagement, formalizing environmental and social sourcing guidelines and policies and enhancing consumer transparency around sustainable products and sourcing. To support these goals:
Thriving Workplace To encourage a thriving workplace and optimize associate experience, opportunity and well-being across the organization, Rite Aid is implementing a transformative DEI strategy and recruitment and retention practices to drive positive business outcomes.
Thriving Community Rite Aid continues to improve health equity, outcomes and access to care in the communities it serves.
New this year, Rite Aid proclaimed its support of eight of the 17 United Nations Sustainable Development Goals (UN SDGs), which are designed to facilitate significant global development by 2030. The report maps Rite Aid ESG achievements and priorities to the eight goals, including Zero Hunger, Good Health and Wellbeing, Affordable and Clean Energy, Gender Equality, Decent Work and Economic Growth, Reduced Inequalities, Responsible Consumption and Production, and Peace, Justice and Strong Institutions.
About Rite Aid Corporation Rite Aid is a full-service pharmacy that improves health outcomes. Rite Aid is defining the modern pharmacy by meeting customer needs with a wide range of vehicles that offer convenience, including retail and delivery pharmacy, as well as services offered through our wholly owned subsidiaries, Elixir, Bartell Drugs and Health Dialog. Elixir, Rite Aid’s pharmacy benefits and services company, consists of accredited mail and specialty pharmacies, prescription discount programs and an industry leading adjudication platform to offer superior member experience and cost savings. Health Dialog provides healthcare coaching and disease management services via live online and phone health services. Regional chain Bartell Drugs has supported the health and wellness needs in the Seattle area for more than 130 years. Rite Aid employs more than 6,400 pharmacists and operates more than 2,350 retail pharmacy locations across 17 states. For more information, visit www.riteaid.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220719006123/en/
MEDIA: Alicja Wojczyk 585-957-4060 Press@RiteAid.com
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