- Supply chain disruptions due to extreme weather events
- Increased costs of sustainable raw materials
- Growing expectations for supply chain transparency
- Plastics regulation increasing costs
CVS Health® Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, CVS Health® Corporation disclosed greenhouse gas emissions of 983.7K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 269.2K tCO2e/year; Scope 2: 714.5K tCO2e/year (market-based); Scope 3: 10.4M tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
983.7K tCO2e/year (Scope 1 & 2)
2023
Renewable Energy
0.02%
of total energy
Water Usage
5.0M m3/year
2023
Waste
5.6K tons/year
2023
Energy Use
2.1M MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 269.2K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 714.5K tCO2e/year (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 10.4M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 983.7K tCO2e/year (Scope 1 & 2) |
| 2022 | 1.0M tCO2e/year (Scope 1 & 2) + 14472715 tCO2e/year (Scope 3) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 18% reduction in Scope 1 and 2 GHG emissions from 2019 baseline
- 500,000 megawatt hours (MWh) of renewable energy sourced
- Eliminated over 550 MT of plastic bags
- 13% of paper packaging in store brand products contained PCR or sustainable sourcing certification as of December 31, 2023.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption (specific target not explicitly stated)
- Reduce plastic use in operations by 50% by 2030
- Reduce single-use virgin plastic in store brands by 50% by 2030
- Ensure all store brand paper-based packaging is from recycled or certified sustainably sourced content by 2025
📅 Medium-term
- Reduce absolute Scope 1 and 2 market-based emissions by 47% by 2030
- Reduce absolute Scope 3 emissions from purchased goods and services by 47% by 2030
- Achieve 50% renewable energy by 2040
🌱 ESG Focus Areas
Healthy PeopleHealthy BusinessHealthy CommunityHealthy Planet