SECAUCUS, N.J., July 11, 2022 /PRNewswire/ -- Quest Diagnostics (NYSE: DGX), the world's leading provider of diagnostic information services, today released its 2021 Corporate Responsibility Report.
The report provides information regarding the company's approach to environmental, social, and governance (ESG) issues and features the initiatives, research, metrics, and innovative collaborations launched in 2021 while working around the clock for a second year to meet COVID-19 demand.
In 2020, the company established Quest for Health Equity, a philanthropic effort with the Quest Diagnostics Foundation backed with over $100 million in financial and testing resources. In 2021, the company and the Foundation provided more than $15 million in corporate giving and Quest for Health Equity grants. Quest Diagnostics is a founding partner and sponsor of the Choose Healthy Life (CHL) program, providing COVID-19 testing and outreach support as well as financial support through the Foundation. In 2021, CHL expanded to 120 churches in 13 states and the District of Columbia.
"Recognizing that the pandemic shone a light on deep-rooted disparities in the American healthcare system impacting underserved communities, we continue to seek ways to provide access to needed diagnostic testing," said Steve Rusckowski, Chairman, CEO and President. "We are proud of the collaborations we've established through Quest for Health Equity."
The company launched its first formal materiality assessment in 2021 to identify the most significant ESG topics to the company and its stakeholders. To enhance the level of the company's ESG disclosures, it also began reporting in accordance with Sustainability Accounting Standards Board (SASB) guidelines.
"Our heightened awareness of ESG issues reminds us that our responsibility as a public company goes beyond delivering strong financial results to our shareholders," said Jim Davis, CEO-elect. "How we conduct business and contribute to our society, environment, and communities is critical to our long-term sustainable growth. As we promote a healthier world, we must strongly embrace our employees, suppliers, and communities."
The report features key impact areas and highlights from 2021, including:
Click here to view the report on the Quest Diagnostics corporate website.
About Quest Diagnostics
Quest Diagnostics empowers people to take action to improve health outcomes. Derived from the world's largest database of clinical lab results, our diagnostic insights reveal new avenues to identify and treat disease, inspire healthy behaviors, and improve health care management. Quest annually serves one in three adult Americans and half the physicians and hospitals in the United States, and our nearly 50,000 employees understand that, in the right hands and with the right context, our diagnostic insights can inspire actions that transform lives. www.QuestDiagnostics.com.
SOURCE Quest Diagnostics