Premier has long understood the importance and value of environmental, social and governance (ESG) practices and incorporated them into how we conduct ourselves and our business to achieve our longer-term goals and deliver on our mission to improve the health of communities.
Creating a healthier society requires a healthier environment.
As part of our efforts to improve the health of our communities, we pursue our mission as prudent stewards of the environment. We have a two-pronged approach to environmental management: first, to ensure our own corporate operations protect and improve the environment; and second, to identify, and help our members choose, responsible products and services that, importantly, are safe and efficacious, yet minimize their environmental footprint.
We’re a recognized leader in environmental excellence for our commitment to collaborate with our healthcare providers on environmentally responsible purchasing and energy efficiency initiatives. Our sourcing committees include environmental impact data in their contracting decisions, and our supply chain teams are driving continued green innovations to lower costs, reduce environmental impact and minimize negative consequences to public health.
Through these efforts, and many more, we are working to address healthcare's role in climate change.
Improving the health of communities is more than just our mission – it is our social responsibility.
We play a critical role in the rapidly evolving healthcare industry, collaborating with our member alliance of more than 4,400 U.S. hospitals and health systems and approximately 225,000 providers and other organizations to reinvent the way care is delivered. Through the collaborative power of our healthcare alliance approach, we are enabling better care and outcomes at a lower cost.
Our values – integrity, innovation, passion for performance and focus on people – guide every business decision we make. Our employees’ unique blend of compassion and innovation plays a core role in our long-term value creation. Our workforce requires diversity of thought, cross-cultural representation and engagement to solve the complex challenges we face. We are committed to a workforce representing different generations, ethnicities, genders, races, orientations, cultures and life experiences. Our values speak to our commitment to treat others fairly, equitably and consistently while affirming that respect for our differences creates our strength.
We believe the core principles of strong corporate governance, ethical standards and responsible business practices are foundational to creating long-term value.
Our Board of Directors sets high standards for our company’s employees, officers and directors. Implicit in their commitment is the importance of sound corporate governance. The Board holds ultimate responsibility for guiding the company’s environmental, social and governance (ESG) initiatives, and the Board’s Nominating and Governance Committee recently assumed responsibility for ESG oversight. We are committed to strong corporate governance, ethical behavior and responsible business practices that build trust and promote the long-term interests of our stakeholders. Integrity forms the basis of our business operations and underpins our business relationships.
For the 14th consecutive year, Premier was recognized by the Ethisphere® Institute as one of the World’s Most Ethical Companies. We were selected for this honor from among tens of thousands of companies around the world for continuing to raise the bar on ethical leadership and corporate behavior.