CVS

Health Care Services
CVS
$ 101 2.8
Share price
$ 132 bn
Market Cap
$ 191 bn
Enterprise Value

Carbon footprint

5.6 Ton
GHG emissions per $ 1 mln investment
0.14x the weighted average for S&P 500
FY2021
How is this calculated?
-6.4%
YOY change in GHG emissions
Weaker than the +5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-4.5%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

CVS aims to reduce Scope 1 + 2 by 47% by 2030 from a base year 2019


1.5°C
CVS's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

CVS's GHG emissions (market-based) (Kt of CO2e)
CVS's Carbon intensity (Tons per 1 USDm)

CVS's carbon footprint

CVS reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 1,070 Kt (-73 /-6.4% y-o-y). Also positively, carbon intensity decreased to 4.3 t (-0.3 /-6.5% y-o-y).

CVS's Scope 3 emissions decreased to 6,668 Kt (-4,057 /-37.8% y-o-y). This is a higher rate of decline than over the period since 4Q'19 (-32.6% CAGR).

The company is committed to reducing Scope 1 + 2 by 47% by 2030 from a base year 2019, which translates into the estimated reduction of -49 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Company environmental metrics

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