Cvs Health
CVS Health Corporation, headquartered in the United States, stands as a leading entity in the healthcare industry, primarily focusing on pharmacy services, health insurance, and retail health solutions. Founded in 1963, CVS Health has evolved significantly, marked by key milestones such as the acquisition of Aetna in 2018, which enhanced its position in the health insurance market. With a diverse range of core products and services, including prescription medications, health management programmes, and MinuteClinic services, CVS Health distinguishes itself through its integrated approach to healthcare delivery. The company operates extensively across the US, serving millions of customers and patients, and is recognised for its commitment to improving health outcomes. As a prominent player in the healthcare landscape, CVS Health continues to innovate and adapt, solidifying its market position through strategic initiatives and a focus on community health.
DitchCarbon Score
How does Cvs Health'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 Health 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
Cvs Health's score of 73 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cvs Health's reported carbon emissions
In 2024, CVS Health reported total greenhouse gas emissions of approximately 12,000,000,000 kg CO2e, with emissions distributed across various scopes: 261,522,000 kg CO2e (Scope 1), 653,702,000 kg CO2e (Scope 2), and 11,387,115,000 kg CO2e (Scope 3). The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 emissions by 47% by 2030 from a 2019 baseline, and to achieve net-zero emissions by 2050. Additionally, CVS Health targets a 90% reduction in absolute Scope 1 and 2 emissions by 2050, alongside a similar 90% reduction in Scope 3 emissions, which include purchased goods and services, business travel, and downstream transportation. In 2023, CVS Health's emissions were reported at approximately 10,449,781,000 kg CO2e, with Scope 1 emissions at 269,225,000 kg CO2e and Scope 2 emissions at 718,743,000 kg CO2e. The company has consistently disclosed its emissions data across all relevant scopes, demonstrating transparency in its environmental impact. CVS Health's long-term strategy aligns with the Science Based Targets initiative (SBTi), reinforcing its commitment to significant emissions reductions in line with climate science. The company is actively working towards these targets, reflecting a strong commitment to sustainability and climate action within the healthcare sector.
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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 | 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 |
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.
Cvs Health is participating in some 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.
