Caremark LLC Sustainability Profile
Caremark LLC, a prominent player in the healthcare industry, is headquartered in the United States and operates extensively across various regions. Founded in 1993, the company has established itself as a leader in pharmacy benefit management and healthcare services, focusing on optimising medication therapies and improving patient outcomes. Caremark offers a range of core services, including prescription drug plans, specialty pharmacy services, and health management solutions. What sets Caremark apart is its commitment to personalised care and innovative technology, ensuring that patients receive tailored support throughout their treatment journey. With a strong market position, Caremark has achieved significant milestones, including partnerships with major health plans and employers, solidifying its reputation as a trusted provider in the healthcare landscape.
DitchCarbon Score
How does Caremark LLC's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Caremark LLC's score of 87 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Caremark LLC, headquartered in the US, currently does not report specific carbon emissions data, as no absolute emissions figures are available. However, the company is part of a corporate family that includes CVS Health Corporation, from which it inherits climate commitments and initiatives. Caremark LLC's climate commitments are aligned with those of CVS Health Corporation, which has set ambitious targets to reduce its carbon footprint. These targets are cascaded down to Caremark LLC at a third-level relationship. CVS Health Corporation has engaged with the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP) to establish and report on its climate goals, which include significant reductions in greenhouse gas emissions across its operations. While specific reduction targets for Caremark LLC are not detailed, the overarching initiatives from CVS Health Corporation indicate a commitment to sustainability and climate action. The company is actively involved in various climate pledges, although specific details on these initiatives are not provided. In summary, while Caremark LLC does not have specific emissions data or reduction targets available, it is committed to climate action through its association with CVS Health Corporation, which provides a framework for sustainability efforts and emissions reduction strategies.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 157,199,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,036,690,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 24,608,123,000 | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Caremark LLC's Industry?
How Carbon Intensive is Caremark LLC's Location?
Caremark LLC's Scope 3 Categories Breakdown
Caremark LLC's Scope 3 emissions, which increased by 9% last year and decreased by approximately 54% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 87% of Scope 3 emissions.
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Caremark LLC's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Caremark LLC has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
