Corporate Citizenship Report and a new strategy to focus on chronic disease management released

Nov 4 2009

McKesson Corporation, the nation’s oldest and largest healthcare services and IT company, today announced the release of its 2008-2009 Corporate Citizenship Report and launched the McKesson Foundation’s new strategic focus on chronic disease management. Designed to minimize paper and energy usage, the Company’s new online-only interactive report tells McKesson’s corporate citizenship story through the voices of McKesson employees and stakeholders. McKesson’s Corporate Citizenship Report is available at www.mckesson.com/citizenshipreport.

McKesson’s 2008-2009 Corporate Citizenship Report

McKesson’s 2008-2009 Corporate Citizenship Report highlights the Company’s high levels of employee engagement, commitment to environmental sustainability, culture of diversity and inclusion, and industry leading efforts to improve the safety, quality, and cost of healthcare. Corporate social responsibility principles are embedded within McKesson’s mission and focused goal of helping its customers improve patients' lives. For example, in the last year nearly half of McKesson’s 32,000 employees participated in the Company’s annual Community Days volunteer event. At hundreds of sites worldwide McKesson Community Days volunteers created more than 16,000 care packages for hospitalized veterans at VA medical centers.

McKesson’s environmental sustainability journey, while still in its initial stages, has already yielded rewards for the planet and the Company, including a better understanding of McKesson’s greenhouse gas emissions, cost savings and employee participation. In 2008 McKesson established an executive-level Environmental Council and then launched a network of 12 employee-led Environmental Councils at McKesson sites around the world. After only eight months, McKesson Environmental Councils were responsible for projects that not only reduced the Company’s environmental impact but also resulted in nearly $100,000 in cost savings. In August McKesson also unveiled its first LEED-certified pharmaceutical distribution center located in the Chicago, Ill. area.

“At McKesson our belief is that a commitment to good corporate citizenship is a fundamental part of creating sustained value for both society and the company,” said Carrie Varoquiers, vice president of corporate citizenship and president of the McKesson Foundation. “McKesson’s corporate citizenship work complements the Company’s goal of helping our customers improve patients’ lives.”

Information within McKesson’s 2008-2009 Corporate Citizenship Report is framed by the Global Reporting Initiative (GRI) G3 Guidelines, internationally recognized sustainability and social responsibility reporting standards. McKesson self-declares this Report to GRI application level C. A full list of GRI indicators and McKesson's reporting on these indicators is available in the Corporate Citizenship Report’s GRI Index. McKesson publishes its Corporate Citizenship Report biennially and released its last report in fall 2007.

McKesson Foundation Strategic Focus on Chronic Disease Management

In conjunction with the Company’s Corporate Citizenship Report release, the McKesson Foundation announced a new strategy to focus on chronic disease management. By combining the Foundation’s cash donations with McKesson Corporation’s deep institutional healthcare services and IT expertise, the program seeks to further the social impact that can be achieved. The McKesson Foundation’s near-term commitment is to fund innovative diabetes management projects.

During this challenging economic environment the McKesson Foundation has also expanded its matching gift program for employees and opened it up to all eligible 501(c)(3) organizations.