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CVS Health Corp

Common Name
CVS Health
Country
United States
Sector
Healthcare
Industry
Healthcare Plans
Employees
219,000
Ticker
CVS
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
CVS Health Corporation is a leading health services company in the United States, offering a comprehensive range of services aimed at improving healthcare accessibility and convenience. Primarily know...

CVS Health's GHG Emissions Data Preview

In 2024, CVS Health completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

CVS Health has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of CVS Health’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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Verified Sources Behind CVS Health’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore CVS Health’s data sources below and access millions more through our Disclosure Search.

a. CVS Health's Impact Report 2024
b. CVS Health's Verification report 2023
c. CVS Health's ESG Data Spreadsheet 2023

Insights into CVS Health's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of CVS Health amounted to 915,224 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of CVS Health decreased by 7.36%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

CVS Health's Scope 1 Emissions Over Time

201920202021202220232024070 k140 k210 k280 ktCO2e+5%+14%+33%+8%-3%
  • Total Scope 1
  • Year-over-Year Change

What are CVS Health's Scope 1 emissions?

In 2024, the total Scope 1 emissions of CVS Health were 261,522 metric tons of CO₂ equivalent (tCO₂e).a

Has CVS Health reduced its Scope 1 emissions over time?

Since 2019, CVS Health's Scope 1 emissions have increased by 66.36%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2023), CVS Health's Scope 1 emissions decreased by 2.86%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are CVS Health's Scope 2 emissions?

In 2024, CVS Health reported Scope 2 greenhouse gas (GHG) emissions of 595,700 tCO₂e using the market-based method and 653,702 tCO₂e using the location-based method.a

Has CVS Health reduced its Scope 2 emissions over time?

Since 2019, CVS Health's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 36.2%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year (2023), CVS Health's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that CVS Health's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does CVS Health use for Scope 2 reporting?

In 2024, CVS Health reported its Scope 2 emissions using the market-based method and using the location-based method.a

CVS Health's Scope 2 Emissions Over Time

2019202020212022202320240300 k600 k900 k1.2 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into CVS Health's Value Chain Emissions

In 2024, CVS Health reported 11,387,115 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of CVS Health includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

CVS Health's Scope 3 Emissions Over Time

20192020202120222023202406.5 M13 M19.5 M26 MtCO2e-56%-18%+62%-26%+8%
  • Total Scope 3
  • Year-over-Year Change

What are CVS Health's Scope 3 emissions?

In 2024, CVS Health reported total Scope 3 emissions of 11,387,115 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has CVS Health reduced its Scope 3 emissions over time?

Since 2019, CVS Health's Scope 3 emissions have decreased by 53.73%, reflecting a declining long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), CVS Health's Scope 3 emissions remained relatively stable, indicating that CVS Health's emissions have plateaued with no significant change in its value chain footprint.ab

What categories of Scope 3 emissions does CVS Health disclose?

In 2024, CVS Health reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of CVS Health's Scope 3 emissions?

In 2024, the largest contributors to CVS Health's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 9,853,462 tCO₂e (86.53%)
  • Employee Commuting (Cat. 7): 493,839 tCO₂e (4.34%)
  • Upstream Transportation and Distribution (Cat. 4): 292,446 tCO₂e (2.57%)

CVS Health's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(4.3%)UpstreamTransportation andDistribution(Cat. 4)(2.6%)Purchased Goods andServices (Cat. 1)(86.5%)

Insights into CVS Health’s GHG Emissions Intensity Compared to Industry Peers

In 2024, CVS Health reported Scope 1 greenhouse gas (GHG) emissions of 261,522 tCO₂e and total revenues of USD 372,804 millions. This translates into an emissions intensity of 0.7 tCO₂e per millions USD.a

CVS Health's Scope 1 Emissions Intensity Compared to Peers

2502,00050,0001,000,000Scope 1 Emissions (tCO2e)1001,00010,000100,0001,000,000Revenues (Millions of USD)CICResmedYear: 2025Scope 1: 3,957 tCO2eRevenue: $M 5,146Scope 1 Intensity: 0.77 tCO2e/$MCCCencoraYear: 2024Scope 1: 135,087 tCO2eRevenue: $M 293,987Scope 1 Intensity: 0.46 tCO2e/$MMolina HealthcareYear: 2024Scope 1: 6,890 tCO2eRevenue: $M 40,646Scope 1 Intensity: 0.17 tCO2e/$MIQVIA HoldingsYear: 2023Scope 1: 8,221 tCO2eRevenue: $M 14,983Scope 1 Intensity: 0.55 tCO2e/$MCigna GroupYear: 2024Scope 1: 22,212 tCO2eRevenue: $M 244,356Scope 1 Intensity: 0.09 tCO2e/$MBecton Dickinson and CoYear: 2024Scope 1: 176,565 tCO2eRevenue: $M 20,178Scope 1 Intensity: 8.75 tCO2e/$MEdwards LifesciencesYear: 2024Scope 1: 15,682 tCO2eRevenue: $M 5,439Scope 1 Intensity: 2.88 tCO2e/$MRegeneron PharmaceuticalsYear: 2024Scope 1: 80,300 tCO2eRevenue: $M 14,202Scope 1 Intensity: 5.65 tCO2e/$MCenteneYear: 2024Scope 1: 7,825 tCO2eRevenue: $M 163,021Scope 1 Intensity: 0.05 tCO2e/$MZoetisYear: 2024Scope 1: 101,392 tCO2eRevenue: $M 9,256Scope 1 Intensity: 10.95 tCO2e/$MMcKessonYear: 2025Scope 1: 72,223 tCO2eRevenue: $M 359,140Scope 1 Intensity: 0.20 tCO2e/$MAgilent TechnologiesYear: 2024Scope 1: 29,698 tCO2eRevenue: $M 6,510Scope 1 Intensity: 4.56 tCO2e/$MUnitedHealth GroupYear: 2024Scope 1: 105,782 tCO2eRevenue: $M 400,235Scope 1 Intensity: 0.26 tCO2e/$MCardinal HealthYear: 2024Scope 1: 160,150 tCO2eRevenue: $M 226,841Scope 1 Intensity: 0.71 tCO2e/$MAlignment HealthcareYear: 2024Scope 1: 130 tCO2eRevenue: $M 2,703Scope 1 Intensity: 0.05 tCO2e/$MHumana IncYear: 2024Scope 1: 37,480 tCO2eRevenue: $M 117,751Scope 1 Intensity: 0.32 tCO2e/$MIDEXX LaboratoriesYear: 2024Scope 1: 18,461 tCO2eRevenue: $M 3,898Scope 1 Intensity: 4.74 tCO2e/$MAvanos MedicalYear: 2023Scope 1: 1,787 tCO2eRevenue: $M 673Scope 1 Intensity: 2.65 tCO2e/$MDaVitaYear: 2024Scope 1: 54,485 tCO2eRevenue: $M 12,815Scope 1 Intensity: 4.25 tCO2e/$MIIIntegra Lifesciences HoldingsYear: 2024Scope 1: 14,555 tCO2eRevenue: $M 1,611Scope 1 Intensity: 9.04 tCO2e/$MDexcomYear: 2024Scope 1: 8,328 tCO2eRevenue: $M 4,033Scope 1 Intensity: 2.07 tCO2e/$MCCCatalyst PharmaceuticalsYear: 2024Scope 1: 4 tCO2eRevenue: $M 493Scope 1 Intensity: 0.01 tCO2e/$MBoston ScientificYear: 2024Scope 1: 87,567 tCO2eRevenue: $M 16,747Scope 1 Intensity: 5.23 tCO2e/$MElevance HealthYear: 2024Scope 1: 14,390 tCO2eRevenue: $M 176,781Scope 1 Intensity: 0.08 tCO2e/$MCVS HealthYear: 2024Scope 1: 261,522 tCO2eRevenue: $M 372,804Scope 1 Intensity: 0.70 tCO2e/$M

How does CVS Health's GHG emissions intensity compare to its peers?

In 2024, CVS Health reported a Scope 1 emissions intensity of 0.7 tCO₂e per millions USD. Compared to the peer group median of 0.74, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does CVS Health rank on GHG emissions intensity within its industry?

In 2024, CVS Health ranked 12 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

CVS Health is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into CVS Health's Total Carbon Footprint

In 2024, CVS Health reported a total carbon footprint of 12,302,339 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.61% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to CVS Health's total carbon footprint was Scope 3 emissions, accounting for 92.56% of the company's total carbon footprint, followed by Scope 2 emissions at 5.31%.a

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