Elevance Health, Inc.
Climate Impact & Sustainability Data (2018-2020, 2021, 2022, 2023)
Reporting Period: 2018-2020
Environmental Metrics
ESG Focus Areas
- Workforce Diversity
- Consumer Health Outcomes
- Environmental Sustainability
- Community Investment
- Governance
Environmental Achievements
- Reduced scope I and II emissions intensity by 44% (2020) from a 2013 baseline (per ft²)
- Reduced water intensity by 56% (2020) from a 2013 baseline (per ft²)
- Increased diversion rate to 64% (2020)
Social Achievements
- Maintained high associate engagement scores (83% satisfaction, 90% inclusive environment in 2020 survey equivalent)
- Average of 25.8 hours of associate training per year in 2020
- 99.9% of associates received Code of Conduct training in 2020
- Anthem Foundation committed $41.6 million to community programs in 2020
- 109,934 volunteer hours in 2020
Governance Achievements
- 40% of Board of Directors are women and people of color (2018-2020)
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: ENERGY STAR (partially), LEED, Fitwel
Third-party Assurance: Independent third-party assurance for GHG emissions data (2018 and 2019)
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Climate & Environmental Health
- Quality Achieving better health outcomes
- Affordability Reducing the total cost of care
- Privacy & Security Safeguarding confidential information
- Access Making healthcare more accessible
- Community Health Strengthening communities ability to support health
- Corporate Governance Achieving sustainable results in a responsible manner
- Ethics & Compliance Conducting business with integrity and accountability
- Supply Chain Management Ensuring value chain alignment with core values
- Talent & Culture Fostering an inclusive culture that acknowledges unique experiences and perspectives
Environmental Achievements
- Achieved 100% renewable electricity for all offices by 2021
- Decreased combined scope 1 and 2 greenhouse gas emissions by nearly 90% compared to a 2019 baseline
Social Achievements
- Fair Pay Workplace certified Anthem as a Fair Pay Workplace in 2021
- Anthem associates donated $7.4 million to health-related organizations in 2021
- Increased the amount paid healthcare providers through value-based payments by over 20% in 2021
Governance Achievements
- Board of Directors is diverse in gender, race, and ethnicity with 40% women and 40% racially/ethnically diverse
- Anthem’s U.S. managers are diverse with 65% being women and 35% being racially/ethnically diverse
- ESG performance measures focused on improving health outcomes and the customer experience account for 30% of our executives’ Annual Incentive Plan.
Climate Goals & Targets
- Reduce scope I and scope II GHG emissions by 46% by 2030 (2019 baseline)
- Engage with 70% of indirect spend supply chain on setting science-based GHG emission reduction goals by 2023
Environmental Challenges
- Climate-related risks and opportunities were assessed, but none were identified with potential for substantive financial or strategic impact.
Mitigation Strategies
- Business continuity and resource recovery plans are in place to mitigate physical climate-related risks.
- A short-term pricing model is used that is updated every 12-18 months, considering changing health patterns and outcomes.
Supply Chain Management
Supplier Audits: Assessed critical suppliers representing approximately $3.6 billion in spend on ESG matters in 2021.
Responsible Procurement
- Supplier Code of Conduct addressing human and labor rights, anti-corruption policies, workplace safety standards, and responsible paper-use guidelines.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, SASB, TCFD, UNGC
Certifications: HITRUST CSF Certified, Great Place to Work®, Fortune 100 Best Companies to Work For™, Fair Pay Workplace
Third-party Assurance: Third-party assurance for environmental metrics and select human capital aspects
UN Sustainable Development Goals
- No Poverty
- Zero Hunger
- Good Health and Well-being
- Gender Equality
- Reduced Inequalities
- Sustainable Cities and Communities
- Climate Action
See page 37 for details on how Anthem's initiatives contribute to these goals.
Awards & Recognition
- Great Place to Work®
- Fortune 100 Best Companies to Work For™
- Fair Pay Workplace
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Advancing Whole Health: Access, Quality, Health Equity
- High Performance Culture: DEI, Talent Attraction and Retention, Talent Development
- Cybersecurity and Data Privacy
Environmental Achievements
- Achieved carbon neutral operations in 2022
- Decreased combined scope 1 and 2 greenhouse gas emissions by 100% compared to 2019 baseline
- Reduced absolute water usage by 76% since 2013
Social Achievements
- First managed care organization in the nation to earn the full 3-year health equity accreditation from the NCQA for all owned Medicaid health plans
- Launched maternal clinical program with obstetric specialty practice consultants in 22 Medicaid markets, yielding cost savings
- Supported the national launch of the 988 Suicide and Crisis Lifeline, providing backup text and chat center support
Governance Achievements
- Maintained HITRUST CSF® Certified status for commercial and Government Business Division environments
- Board of Directors with 45% female and 36% racially/ethnically diverse representation
- Certified by Fair Pay Workplace for pay equity
Climate Goals & Targets
- Achieve net zero emissions by 2050
- Reduce operational emissions by 50% by 2030
- Not disclosed
Environmental Challenges
- Climate change impacting communities and exacerbating health inequities
- High percentage of total greenhouse gas footprint from business suppliers
- Complex healthcare system creating challenges for members navigating benefits and care
Mitigation Strategies
- Commitment to net zero emissions by 2050 and 50% reduction in operational emissions by 2030
- Supplier Environmental Social Governance (ESG) Engagement program to mitigate supplier emissions
- Total Health Connections program to streamline healthcare experience and integrate member benefits
Supply Chain Management
Supplier Audits: 40% of in-scope spend with suppliers screened using environmental criteria
Responsible Procurement
- Supplier Code of Conduct requiring fair labor practices, freedom from harassment, and basic human rights
- Supplier Environmental Social Governance (ESG) Engagement program
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather
- Flooding
- Wildfires
- Heat waves
Transition Risks
- Regulatory changes
- Market shifts
- Stranded asset risk
Opportunities
- Development of energy-efficient products and services
Reporting Standards
Frameworks Used: SASB, TCFD, UNGC
Certifications: HITRUST CSF, LEED, ENERGY STAR, Fitwel
Third-party Assurance: Third-party assurance provider (details in report)
UN Sustainable Development Goals
- Goal 1: No Poverty
- Goal 2: Zero Hunger
- Goal 3: Good Health and Well-being
- Goal 5: Gender Equality
- Goal 10: Reduced Inequalities
- Goal 11: Sustainable Cities and Communities
- Goal 13: Climate Action
Initiatives described in the UN Sustainable Development Goals section of the report
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Great Place to Work
- Fortune Magazine’s 100 Best Companies to Work For
- Fortune Magazine’s World’s Most Admired Companies
- Bloomberg Gender Equality Index
- JUST 100 list
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Access to Affordable, Quality Healthcare
- Health Equity
- Diversity, Equity, and Inclusion
- Associate Recruitment, Retention and Development
- Corporate Governance
- Business Ethics
- Data Protection & Cybersecurity
- Regulatory Compliance
- Climate Resilience
- Greenhouse Gas Emissions
- Responsible Artificial Intelligence
Environmental Achievements
- Achieved 100% renewable electricity goal in 2021 (four years ahead of schedule)
- Maintained carbon-neutral status in 2023
- Engaged with 80% of suppliers by spend on setting science-based emissions reduction targets
Social Achievements
- Launched Total Health Complete, supporting over 1.2 million members
- Launched My Health Advocate for Medicare Advantage members
- Launched Community Resource Navigator program
- Improved disparity gap in preterm birth rates between Black and non-Black communities by 5.2%
- Invested $750,000 in organizations focused on increasing doula training opportunities
Governance Achievements
- Earned NCQA’s Health Equity Plus accreditation
- Included in the JUST 100 list for a sixth consecutive year
- Named to the 2023 Dow Jones Sustainability Indices for the sixth consecutive year
- Recognized by the Bloomberg Gender Equality Index
- Certified by Fair Pay Workplace
Climate Goals & Targets
- Achieve net zero emissions by 2050
- Ensure 75% of indirect spend suppliers have approved science-based targets by 2028
- Reduce operational emissions by 50% by 2030
Environmental Challenges
- Climate change impacts on communities (wildfires, hurricanes, flooding)
- Medicaid eligibility redeterminations leading to potential coverage loss for millions
- Addressing health-related social needs (food insecurity, unstable housing, lack of transportation)
Mitigation Strategies
- Supporting community resilience and disaster relief efforts
- Launched Ready-Set-Renew campaign to support Medicaid members during redeterminations
- Implemented Community Connected Care program to address social needs
- Food as medicine strategy to improve clinical and quality outcomes
Supply Chain Management
Supplier Audits: 80% of suppliers by spend screened using environmental criteria in 2023
Responsible Procurement
- Supplier Code of Conduct
- CDP Supply Chain membership
- GHG reduction target setting for suppliers
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events impacting communities and healthcare systems
Transition Risks
- Regulatory changes, market shifts related to climate action
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB, TCFD, UNGC, UN SDGs
Certifications: ENERGY STAR, LEED, Fitwel, Fair Pay Workplace
Third-party Assurance: Third-party assurance for select performance metrics
UN Sustainable Development Goals
- Goal 1
- Goal 2
- Goal 3
- Goal 5
- Goal 10
- Goal 11
- Goal 13
Report details how initiatives contribute to these goals
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Blue Cross and Blue Shield Association Brand Innovation Award
- Fast Company’s 2023 Innovation By Design Awards
- America’s Climate Leaders 2023 list