August 1, 2024- Henry Schein, Inc. released its 2023 CARES Report on Sustainability and Corporate Citizenship. Henry Schein Cares, our global corporate citizenship program, aims to drive positive change through its five pillars: Catalyzing health care access; Advancing policies, solutions and innovation; Relationship-building for change; Empowering Team Schein; and Sustaining the planet.
Henry Schein reported on its sustainability efforts in 2023 in accordance with Sustainability Accounting Standards Board and Global Reporting Initiative Standards, as well as with the Task Force on Climate-related Financial Disclosures and the Greenhouse Gas Protocol. The CARES Report highlights Henry Schein’s efforts to promote responsible business practices and create value for each of our stakeholders – Team Schein Members, customers, suppliers, investors, and society.
Key progress on Henry Schein’s 2023 goals and commitments includes, but is not limited to:
- Launched a new Corporate Citizenship Barometer to better understand and quantify how key stakeholders perceive our sustainability priorities, commitments, and impact.
- Submitted near- and long- term targets, committing to Net Zero by 2050 to the Science-Based Targets initiative (SBTi), from a 2022 base year;
- Achieved the company’s recycling goal (10%) by increasing the North American distribution recycling program by 28.8% over 2020 metrics;
- Expanded the Diversity and Inclusion (D&I) learning journey by educating Team Schein Members on key D&I topics (66% of Directors and Vice Presidents and 79% of U.S. Managers);
- Increased the percentage of independent directors (from 71% to 85%) and female directors (from 21% to 31%) on our Board;
- Updated the company’s Worldwide Business Standards and issued our Global Principles on Data Protection and Security and the Responsible Use of AI Systems