CV Sciences, Inc.
CV Sciences, Inc., a prominent player in the hemp-derived cannabinoid industry, is headquartered in the United States. Founded in 2010, the company has established itself as a leader in the development and distribution of high-quality CBD products, focusing on both consumer wellness and pharmaceutical applications. With a commitment to innovation, CV Sciences offers a range of unique products, including their popular PlusCBD™ Oil line, which is distinguished by its rigorous quality standards and comprehensive testing protocols. The company has achieved significant milestones, including being one of the first to receive Generally Recognized as Safe (GRAS) status for its hemp extracts. Recognised for its market position, CV Sciences continues to expand its operational reach across North America, contributing to the growing acceptance and understanding of hemp-based wellness solutions.
DitchCarbon Score
How does CV Sciences, Inc.'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 Pharmaceutical Preparation Manufacturing 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
CV Sciences, Inc.'s score of 30 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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CV Sciences, Inc.'s reported carbon emissions
In 2022, CV Sciences, Inc. reported total carbon emissions of approximately 14,472,715,000 kg CO2e across all scopes. This includes 250,022,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 786,489,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 14,472,715,000 kg CO2e, stem from Scope 3, which includes emissions from the entire value chain, such as purchased goods and services (12,959,465,000 kg CO2e) and upstream transportation and distribution (434,434,000 kg CO2e). CV Sciences has set ambitious long-term climate commitments, aiming for a 30% reduction in carbon emissions by 2030 and striving for net-zero emissions by 2050. These targets apply to both Scope 1 and Scope 2 emissions, as outlined in their "Vision 2030" initiative. The company is currently on track to meet its two-year goals, demonstrating a proactive approach to climate action. Overall, CV Sciences, Inc. is actively working to address its carbon footprint and contribute to global climate goals, reflecting a commitment to sustainability and environmental responsibility.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
CV Sciences, Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
