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 The leading web portal for pharmacy resources, news, education and careers April 23, 2017
Pharmacy Choice - Pharmaceutical News - CVS Health Takes Major Step to Address Chemicals of Consumer Concern; Parabens, phthalates and the most prevalent formaldehyde donors will be removed from extensive line of store brand beauty and personal care products - April 23, 2017

Pharmacy News Article

 4/20/17 - CVS Health Takes Major Step to Address Chemicals of Consumer Concern; Parabens, phthalates and the most prevalent formaldehyde donors will be removed from extensive line of store brand beauty and personal care products

Release date- 19042017 - WOONSOCKET, R.I- Today CVS Pharmacy (NYSE:CVS), America's leading retail pharmacy, took a major step forward in advancing its efforts to address chemicals of consumer concern by announcing the removal of parabens, phthalates and the most prevalent formaldehyde donors across nearly 600 beauty and personal care products from its store brand CVS Health, Beauty 360, Essence of Beauty, and Blade product lines. The Promise Organic line of store brand products also does not contain any of these ingredients. CVS Pharmacy will stop shipping store brand products that don't meet these standards to distribution centers by the end of 2019.

As a company driven by its purpose of helping people on their path to better health, this latest action is a significant milestone in its journey toward more sustainable products that satisfy consumer expectations. The company has also published its full list of restricted chemicals by product category here.

'We are committed to providing our customers with the safe, efficacious products that they are looking for,' said Cia Tucci, vice president of store brands and Quality Assurance at CVS Health. 'We listened when customers voiced their desire for products that still provide the benefits they need with fewer ingredients of concern. Today's announcement is a natural step in the evolution of our comprehensive approach to chemical safety.'

While all store brand products have always been subject to stringent standards of safety, quality and environmental responsibility and - at a minimum - meet all federal and state requirements, customer feedback has driven this move to eliminate parabens, phthalates and the most prevalent formaldehyde donors. In addition to listening to customers, CVS Health has also engaged with industry experts and key advocacy groups to ensure that product quality can be maintained through this transition. Over the past several years, CVS Health has engaged with the Safer Chemicals, Healthy Families (SCHF) coalition and its Mind the Store campaign, an organization working to reduce the use of toxic chemicals in consumer products, strengthen the understanding of chemicals of consumer concern and inform opportunities for retailers to advance chemical safety in consumer products.

'This announcement is an exciting milestone not only for CVS Health, but for retailers and the role they play in driving change toward safer consumer products,' said Mike Schade, Mind the Store campaign director for Safer Chemicals, Healthy Families. 'We applaud CVS Health for the action it is taking today and we look forward to continued collaboration ahead. We hope other retailers will follow suit.'

The evolution of CVS Health's chemical policy builds off a foundation laid over the last decade to advance its chemical management efforts. In 2007, the company became the first major drugstore to establish a Cosmetic Safety Policy in 2008. Since then, CVS Health has made substantial progress toward sustainable chemical management, including the launch of the WERCSmart tool in 2013 to ensure suppliers register ingredient information for all chemical-based products. In 2016, CVS Health became the first major pharmacy chain in the country to become a signatory of the Chemical Footprint Project.

'Our consumers expect both transparency and quality when it comes to ingredients in the products they use,' said Eileen Howard Boone, senior vice president of CSR and philanthropy at CVS Health. 'This is an important step, and we look forward to continuing to work with stakeholders to address additional chemicals of consumer concern and focus on more product categories in the future.'

For more information on CVS Health's Corporate Social Responsibility program, visit: www.cvshealth.com/social-responsibility.

About CVS Health

CVS Health (NYSE: CVS) is a pharmacy innovation company helping people on their path to better health. Through its more than 9,700 retail locations, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with nearly 90 million plan members, a dedicated senior pharmacy care business serving more than one million patients per year, expanding specialty pharmacy services, and a leading stand-alone Medicare Part D prescription drug plan, the company enables people, businesses and communities to manage health in more affordable and effective ways. This unique integrated model increases access to quality care, delivers better health outcomes and lowers overall health care costs. Find more information about how CVS Health is shaping the future of health at https://www.cvshealth.com.

About CVS Pharmacy

CVS Pharmacy, the retail division of CVS Health (NYSE: CVS), is America's leading retail pharmacy with over 9,700 locations. It is the first national pharmacy to end the sale of tobacco and the first pharmacy in the nation to receive the Community Pharmacy accreditation from URAC, the leading health care accreditation organization that establishes quality standards for the health care industry. CVS Pharmacy is reinventing pharmacy to help people on their path to better health by providing the most accessible and personalized expertise, both in its stores and online at CVS.com. General information about CVS Pharmacy and CVS Health is available at www.cvshealth.com.

Media Contacts

Stephanie Cunha

Public Relations Manager

CVS Pharmacy

Stephanie.Cunha@CVSHealth.com

401-770-9354



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