This is important and most welcome news. If companies like CVS believe that the Chamber of Commerce is promoting initiatives that are contrary to their own corporate strategy and reputation, they will leave. What is especially illuminating here is that apparently they had no knowledge that the Chamber was spending its resources and risking its own reputation on thwarting tobacco regulation and disclosure around the world.
The CVS Health Corporation said Tuesday that it was resigning from the United States Chamber of Commerce after revelations that the chamber and its foreign affiliates were undertaking a global lobbying campaign against antismoking laws.
CVS, which last year stopped selling tobacco products in its stores, said the lobbying activity ran counter to its mission to improve public health.
“We were surprised to read recent press reports concerning the U.S. Chamber of Commerce’s position on tobacco products outside the United States,” David R. Palombi, a senior vice president at the company, said in a statement. “CVS Health’s purpose is to help people on their path to better health, and we fundamentally believe tobacco use is in direct conflict with this purpose.