Aetna’s focus on corporate responsibility is evident in everything we do, from adherence to strict ethical guidelines and corporate governance standards to longstanding support of the communities where we do business. We have a clear track record for social responsibility that starts with our member-focused mission statement and set of values and culminates in responsible business policies and practices. In fact, we were recognized in 2012 as one of America’s most community-minded companies, ranking fourth in “The Civic 50” survey.
We believe in the power of strategic philanthropy to improve people's health and the quality of health care. Our independent philanthropic arm, the Aetna Foundation, is tackling several of today's most pressing health issues. Much of the Foundation's support addresses the needs of people most at risk of poor health or chronic conditions -- low-income, underserved or minority populations.
Since 1980, Aetna and the Aetna Foundation have awarded more than $413 million in grants and sponsorships to nonprofit organizations. The Foundation focuses its grant making in three program areas:
We are deliberately focused on diversity and inclusion as an organizational priority. We do this by:
We are diversifying our supplier base, purchasing more than $184 million in goods and services from small businesses and certified minority-, women- and LGBT-owned business enterprises in 2011.
Aetna for many years has been committed to transforming health care in America by playing a leadership role in advancing public policy solutions. Since the adoption of health care legislation in March 2010, we are focused on achieving compliance, and we continue to offer the benefit of our experience to the rule-making process to help ensure the new law is implemented in a workable fashion.
Going forward, we advocate continued work in several key areas to help make health care reform more effective:
Aetna is committed to reducing its carbon footprint through a comprehensive plan that includes recycling programs, energy-use reduction initiatives, sustainable building practices and sustainability-oriented collaborations with our suppliers. This significant commitment of resources has helped Aetna earn recognition as a company committed to protecting our most valued resources.
Aetna employees have a long history of service to our nation. For 157 years, they have heeded the call to come to the aid of their fellow citizens at home and abroad. Our archives contain rich details of stories, service and sacrifice by Aetna's military veterans. More
Aetna's reputation is one of the company's most valuable assets. We have earned this reputation over the course of 157 years by delivering quality products and services, and by adhering to the highest standards of business conduct. These standards include sound corporate governance policies to address the interests of our constituents.
An important principle of good governance is transparency. Aetna, therefore, makes its key corporate governance policies and practices publicly available online. These corporate governance pages contain key information about Aetna's corporate governance in one simple, clear and easy-to-navigate location.
Those policies provide a framework for governance of the company consistent with shareholder and other constituent interests, and with the principles behind the 2002 Sarbanes-Oxley Act and the New York Stock Exchange's corporate governance rules. We believe that sharing our corporate governance principles with all of our key stakeholders will help ensure that our commitment to excellence, integrity and accountability is apparent to all.