PharmaCare Management Services Inc. Sustainability Profile
PharmaCare Management Services Inc., a leading player in the pharmaceutical management industry, is headquartered in the United States and operates extensively across major regions. Founded in [year], the company has established itself as a trusted provider of innovative healthcare solutions, focusing on pharmacy benefit management, medication therapy management, and clinical services. PharmaCare's unique approach combines advanced technology with personalised care, ensuring optimal patient outcomes and cost-effective solutions for clients. With a commitment to excellence, the company has achieved significant milestones, positioning itself as a market leader in the sector. Notable achievements include [specific achievements if known], underscoring its dedication to enhancing healthcare delivery and improving patient experiences.
DitchCarbon Score
How does PharmaCare Management Services 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 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
PharmaCare Management Services Inc.'s score of 82 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PharmaCare Management Services Inc., headquartered in the US, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The company is a current subsidiary of CVS Health Corporation, which influences its climate commitments and initiatives. PharmaCare's climate strategy is informed by the broader goals set by CVS Health Corporation, which has established various reduction initiatives. However, specific reduction targets or achievements for PharmaCare itself have not been disclosed. The absence of direct emissions data suggests that PharmaCare may be in the early stages of formalising its climate commitments or reporting processes. As part of its corporate family relationship with CVS Health Corporation, PharmaCare may benefit from the sustainability initiatives and targets set by its parent company, including those related to the Science Based Targets initiative (SBTi) and other climate pledges. However, details on these initiatives are not specified for PharmaCare directly. In summary, while PharmaCare Management Services Inc. does not currently provide specific emissions data or reduction targets, it is positioned within a corporate structure that prioritises climate action through its parent company, CVS Health Corporation.
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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 PharmaCare Management Services Inc.'s Industry?
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PharmaCare Management Services Inc.'s Scope 3 Categories Breakdown
PharmaCare Management Services Inc.'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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PharmaCare Management Services Inc.'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.
PharmaCare Management Services Inc. 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.
