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 45 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cvs Health's reported carbon emissions
In 2023, CVS Health reported total carbon emissions of approximately 1,042,864,000 kg CO2e, comprising 269,225,000 kg CO2e from Scope 1, 714,499,000 kg CO2e from Scope 2, and 10,448,640,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. CVS Health has established near-term targets to reduce absolute Scope 1 and 2 emissions by 47% by 2030, using 2019 as the baseline year. Additionally, it aims to cut Scope 3 emissions from purchased goods and services by the same percentage within the same timeframe. For long-term goals, CVS Health targets a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions from purchased goods and services, business travel, and downstream transportation by 2050. These commitments align with industry standards and reflect CVS Health's dedication to addressing climate change and reducing its carbon footprint.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2023 | |
|---|---|
| Scope 1 | 269,225,000 |
| Scope 2 | 714,499,000 |
| Scope 3 | 10,448,640,000 |
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 committed to some reduction initiatives 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.
