Elevance Health

Life & Health Insurance
ELV
$ 514 0.37
Share price
$ 120 bn
Market Cap
$ 109 bn
Enterprise Value

Carbon footprint

0.14 Ton
GHG emissions per $ 1 mln investment
0x the weighted average for S&P 500
FY2022
How is this calculated?
+33%
YOY change in GHG emissions
Stronger than the +0.5% weighted average for S&P 500
FY2022 vs. previous year

Primary Climate Goal

+35%
Proj. YOY change in GHG emissions (Scope 1 + 2)
FY2023
How is this calculated?

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

This target is most likely outdated and the company appears to have already achieved it
This target has not been verified as science based according to SBTi
Elevance Health's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

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

Elevance Health's carbon footprint

Elevance Health reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 16 Kt (+3.9/+33% y-o-y). At the sime time, carbon intensity tumbled to 85 t (-746 /-89.8% y-o-y).

Elevance Health's Scope 3 emissions soared to 4,824 Kt (+3,876/+409% y-o-y). The growth accelerated compared to the long-term upward trend (CAGR of +111% since 4Q'18).

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2019, which it appears to have already achieved as of 2022. 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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