Elevance Health Inc

Common Name
Elevance Health
Country
United States
Sector
Healthcare
Industry
Healthcare Plans
Employees
104,200
Ticker
ELV
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Elevance Health Inc., formerly known as Anthem, is a prominent health insurance company in the United States. Its primary function is to provide a wide range of health insurance products and related s...

Elevance Health's GHG Emissions Data Preview

In 2024, Elevance 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).

Elevance Health has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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b
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b
0000000
Location-Based
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a
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a
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a
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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a
0000000
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Verified Sources Behind Elevance 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 Elevance Health’s data sources below and access millions more through our Disclosure Search.

a. Elevance Health's Impact Report 2024
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b. Elevance Health's Impact Report 2023
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c. Elevance Health's Environmental Progress Report 2020
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Insights into Elevance Health's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Elevance Health amounted to 98,665 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 Elevance Health decreased by 5.95%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Elevance Health's Scope 1 Emissions Over Time

201820192020202120222023202405 k10 k15 k20 ktCO2e+27%-13%-4%+33%+20%-24%
  • Total Scope 1
  • Year-over-Year Change

What are Elevance Health's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Elevance Health were 14,390 metric tons of CO₂ equivalent (tCO₂e). a

Has Elevance Health reduced its Scope 1 emissions over time?

Since 2018, Elevance Health's Scope 1 emissions have increased by 29.05%, reflecting a rising long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), Elevance Health's Scope 1 emissions decreased by 23.68%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Elevance Health's Scope 2 emissions?

In 2024, Elevance Health reported Scope 2 greenhouse gas (GHG) emissions of 84,275 tCO₂e using the location-based method. a

Has Elevance Health reduced its Scope 2 emissions over time?

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

What methodology does Elevance Health use for Scope 2 reporting?

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

Elevance Health's Scope 2 Emissions Over Time

2018201920202021202220232024030 k60 k90 k120 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Elevance Health's Value Chain Emissions

In 2024, Elevance Health reported 6,494,822 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 Elevance Health includes a breakdown across 10 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

Elevance Health's Scope 3 Emissions Over Time

201820192020202120222023202402.5 M5 M7.5 M10 MtCO2e+924%-20%0%+913%-26%-9%
  • Total Scope 3
  • Year-over-Year Change

What are Elevance Health's Scope 3 emissions?

In 2024, Elevance Health reported total Scope 3 emissions of 6,494,822 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 40.36% of these emissions originated from upstream activities such as purchased goods and capital goods, while 59.64% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Elevance Health reduced its Scope 3 emissions over time?

Since 2018, Elevance Health's Scope 3 emissions have increased by 5,483.53%, reflecting a rising long-term trend in Scope 3 emissions over time. a c

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

What categories of Scope 3 emissions does Elevance Health disclose?

In 2024, Elevance Health reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

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

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

  • Investments (Cat. 15): 3,842,497 tCO₂e (59.16%)
  • Purchased Goods and Services (Cat. 1): 2,407,181 tCO₂e (37.06%)
  • Employee Commuting (Cat. 7): 71,957 tCO₂e (1.11%)

Elevance Health's Scope 3 Emissions by Categories

Investments(Cat. 15)(59.2%)Purchased Goods andServices (Cat. 1)(37.1%)Employee Commuting(Cat. 7)(1.1%)

Insights into Elevance Health's Total Carbon Footprint

In 2024, Elevance Health reported a total carbon footprint of 6,593,487 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.53% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Elevance Health's total carbon footprint was Scope 3 emissions, accounting for 98.5% of the company's total carbon footprint, followed by Scope 2 emissions at 1.28%. a

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