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 75 is higher than 92% 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 26,152,200 kg CO2e for Scope 1, 595,700,000 kg CO2e for Scope 2, and about 11,387,115,000 kg CO2e for Scope 3 emissions. This represents a slight decrease in Scope 1 emissions from 2023, which were approximately 26,922,500 kg CO2e, while Scope 2 emissions also decreased from 714,499,000 kg CO2e. The Scope 3 emissions increased from about 10,449,781,000 kg CO2e in 2023. CVS Health has set ambitious climate commitments, aiming to reduce its overall greenhouse gas emissions by at least 47% by 2030 from a 2019 baseline. This target encompasses all scopes of emissions, with specific goals of reducing Scope 1 and 2 emissions by 47% and Scope 3 emissions from purchased goods and services by the same percentage by 2030. Furthermore, CVS Health has committed to achieving net-zero emissions across its value chain by 2050, with a long-term target of reducing Scope 1 and 2 emissions by 90% and Scope 3 emissions by 90% from the 2019 baseline. These commitments are validated by the Science Based Targets initiative (SBTi) and reflect CVS Health's dedication to addressing climate change and reducing its environmental impact. The company is actively working towards these targets, demonstrating a commitment to sustainability and corporate responsibility.
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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 |
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.
