At Henry Schein, we have long understood that our business success is directly linked to our success at creating shared value with and for the key stakeholders that make up our Mosaic of Success — our Team Schein Members, customers, suppliers, stockholders, and society. By working alongside these stakeholders to create economic, environmental, and social benefit, we forge the trusted relationships that drive our Company’s sustained growth, amplify our collective strengths, and bring to life our vision of making the world healthier, together. Caring — for the health care providers we serve, the suppliers with whom we partner, the communities where we live and work, our Team Schein Members (TSMs), our stockholders, and the planet we share — is a key priority. The power of our approach is demonstrated by the success of our recently completed BOLD+1 2022−2024 Strategic Plan, which exceeded 2024 targets for advancing our high-growth, high-margin businesses. For more specifics on our BOLD+1 accomplishments and 2024 financial results, see our 2024 Annual Report. As we launch our renewed BOLD+1 2025−2027 Strategic Plan, engaging as a leading corporate citizen with our stakeholders to create shared value — the “+1” — remains core to our business strategy of strengthening our business operations, enhancing market competitiveness, and delivering long-term growth. Our commitment to environmental responsibility is reflected in several key initiatives that are already making an impact. This year, we received validation of emissions reduction targets from the Science-Based Targets initiative and are building a transition plan to reach net-zero by 2050. Embedding environmental responsibility throughout our global supply chain is aimed at advancing our business’s long-term operational efficiency goals and energy diversification, which is intended to reduce costs and promote sustainability, so we can better meet the evolving needs of our customers and communities for generations to come. We also continue to invest in and strengthen our greatest asset — Team Schein. Teams with diverse backgrounds, perspectives, and ideas foster innovative solutions and more effective problem-solving, enabling us to adapt, grow, and compete in a rapidly evolving marketplace. Guided by our values of Community, Caring, and Career, we’re investing in a culture of wellness, inclusivity, and collaboration — through initiatives like our 2024 Banish Burnout campaign, Culture Ambassador Program, and the launch of our seventh Team Schein-led Employee Resource Group. These and other initiatives, including additions to our learning and development programs and the launch of our new skills-based Core Leadership Capabilities, expand opportunities for personal and professional growth and position our TSMs to be responsive, innovative leaders. In this year’s CARES report, we are pleased to provide an update on these efforts and more to deliver on the “+1” of our strategic plan. From driving greater sustainability in our facilities and supply chains, to further engaging and developing Team Schein, to ensuring the highest ethical standards throughout our Company, we highlight the ways in which we continue to create shared value with our constituencies especially to meet customer demands and advance our mission to help health care professionals deliver high quality care while making the world healthier. Our many accomplishments this year would not have been possible without the dedication and hard work of Team Schein. By continuing to work together creatively, collaboratively, and with a shared understanding of our strategy and goals, we will continue to care for our business, our stakeholders, and the world.
Stanley M.Bergman Chairman of the Board and Chief Executive Officer, Henry Schein, Inc.