We have expanded the list of climate policies we assess company engagement with to incorporate land-use related policy, referring to legislative or regulatory measures to enhance and protect ecosystems and land where carbon is being stored. Assessments under this category are currently underweighted in terms of their contribution to the overall company metrics. This weighting will be progressively increased over the next 6 months.
We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. This has no impact on the scores and methodology. It has been done following user feedback to improve clarity.
InfluenceMap Data Point on Corporate - Influencer Relationship
InfluenceMap Data Point on Corporate - Influencer Relationship
CEO Karen Lynch is a member of the Business Roundtable. No longer appears to be a Chair of a Committee.
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
CVS CEO is Chair of a Committee
Larry Merlo
InfluenceMap Data Point on Corporate - Influencer Relationship
InfluenceMap Data Point on Corporate - Influencer Relationship
CEO Karen Lynch is a member of the Business Roundtable. No longer appears to be a Chair of a Committee.
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
CVS CEO is Chair of a Committee
Larry Merlo
In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.
Open PDF file of Data Source
Climate Lobbying Overview: CVS Health (CVS) appears to have very limited engagement with climate change policy, stating in its 2020 CDP response that it is not engaged on climate-related policy. However, CVS appears supportive of climate action in its top-line communications.
Top-line Messaging on Climate Policy: CVS appears to accept some of the science of climate change on its corporate website, accessed in February 2022. In 2021, on its TCFD webpage, the company also acknowledged the causal link between climate change and extreme weather phenomena. In its 2020 Corporate Social Responsibility (CSR) report, published in March 2021, CVS Health also appeared to support the need to limit global warming to 1.5°C. However, in its 2020 CSR report, the company does not appear to explicitly support the Paris Agreement. CVS also does not appear to explicitly support the need for climate change regulation, stating in its 2020 CSR report that some climate-related policy may be relevant to the company, without stating a clear position. CVS reported engagement on parts of the Build Back Better Act in its Q3 and Q4 2021 federal lobbying disclosure, but did not report engagement on the climate provisions in the bill.
Engagement with Climate-Related Regulations: CVS does not appear to disclose its climate-related policy positions and lobbying activities on its corporate website. In its 2020 CDP response, CVS Health stated that it does not “pursue activities that have the potential to directly influence climate change policy.” InfluenceMap was unable to find any recent evidence of engagement with specific climate-related policies.
Positioning on Energy Transition:InfluenceMap was unable to find any recent engagement by CVS on the energy transition.
Industry Association Governance: CVS discloses its memberships to US industry associations on its corporate website. However, it does not disclose any further details on its role within each association or their climate policy positions. CVS Health has not published a review of its industry associations to date. CVS Health is a member of the California Chamber of Commerce which engages largely negatively on California climate policy, as well as the Business Roundtable which engages on US climate policy with mixed positions.