USA – CVS Health has formed a partnership with the World Wildlife Fund and the organization’s activation hub, ReSource: Plastic, to reduce plastic waste and increase the sustainability of materials in its packaging portfolio.
As the Principal Retail Member of ReSource: Plastic, the company is joining a consortium of leading companies and organizations addressing the planet’s plastic waste crisis, driving high standards on plastic sourcing for the retail industry.
ReSource: Plastic collaborates with its members to maximize, measure, and multiply their impact on addressing the plastic pollution crisis.
CVS Health commissioned the World Wildlife Fund to audit its Store Brand packaging portfolio and launch new sustainable packaging goals in 2020.
The company will annually measure its plastic and paper packaging inputs to meet key packaging goals, with a focus on reducing the use of plastic and virgin materials and ensuring recyclability for all Store Brand products.
“We believe that the health of all people is connected to the health of our planet,” said Brenda Lord, vice president of Store Brands at CVS Health.
“That’s why we’re committed to operating our business in a sustainable and environmentally-responsible way, especially through our portfolio of Store Brands products.
“Through World Wildlife Fund’s ReSource: Plastic initiative we will track, measure and report on our impact as we work to deliver on our Healthy 2030 goals.”
Through its Environmental, Social and Governance, Healthy 2030, CVS Health’s goals to create a healthier and more sustainable world by ensuring all packaging for Store Brands products is 100% reusable, recyclable, compostable, is or can be returned for proper disposal at the end of life by 2030.
The partnership will also help CVS reduce plastic use in operations, and reduce single-use virgin plastic in Store Brand packaging by 50% by 2030.
Further to that, CVS will also ensure that all Store Brand paper-based packaging is from recycled or certified sustainably sourced content by 2025 and define a list of packaging to be designated as problematic or unnecessary by 2023 and take measures to eliminate them by 2030.
“Businesses have the potential to help change the trajectory of our global plastic waste crisis,” said Erin Simon, head of plastic waste and business for World Wildlife Fund.
“By joining ReSource: Plastic, CVS Health has set the example for the retail industry – committing to transparent and measurable action. We’re excited to work together to identify goals and expand the scope of our ReSource work.”
Liked this article? Sign up to receive our regular email newsletters, focused on Africa and World’s healthcare industry, directly into your inbox. SUBSCRIBE HERE
