CVS

CVS reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 1,143 Kt (-39 /-3.3% y-o-y). Also positively, carbon intensity declined to 4.3 t (-0.3 /-6.5% y-o-y).

CVS's Scope 3 emissions tumbled to 70 Kt (-84 /-54.5% y-o-y). The decline accelerated compared to the CAGR of -5.1% since 4Q'16.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

CVS also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. CVS Health CVS Health commits to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-term Target As part of this commitment, CVS commits to reduce absolute scope 1 and 2 GHG emissions 47% by 2030 from a 2019 base year. CVS also commits to reduce absolute scope 3 GHG emissions from purchased goods and services 47% by 2030 from a 2019 base year. Long-Term Target CVS commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2019 base year. CVS also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, business travel, and downstream transportation 90% by 2050 from a 2019 base year.