Cigna

Health Care Services
CI
$ 278 (1.8)%
Share price
$ 85 bn
Market Cap
$ 116 bn
Enterprise Value

Carbon footprint

0.94 Ton
GHG emissions per $ 1 mln investment
0.02x the weighted average for S&P 500
FY2021
How is this calculated?
-14%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-4.3%
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?

Cigna aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2019


This target has not been verified as science based according to SBTi
Cigna's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

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

Cigna's carbon footprint

Cigna reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 109 Kt (-17 /-13.8% y-o-y). Also positively, carbon intensity declined to 0.6 t (-0.2 /-25% y-o-y).

Cigna's Scope 3 emissions declined to 2.8 Kt (-5.6 /-66.4% y-o-y). This is a higher rate of decline than over the period since 4Q'19 (-50.8% CAGR).

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2019, which translates into the estimated reduction of -4.6 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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