Company: ELV
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001156039-25-000046
Chunk: 26

Company: Elevance Health, Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 26
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’s Climate Leaders list for 2024, ranking in the top 10 out of 400 organizations in “Core Emissions Reduction Year-over-Year” and “Core Greenhouse Gas Reduction”. In addition, we were recognized on TIME's World's Best Companies in Sustainable Growth 2025 list, ranking 5 th out of over 100 companies in the U.S.

#### Healthcare Decarbonization
An essential component of our long-term sustainability strategy is getting to net zero greenhouse gas emissions, which means reducing carbon dioxide and other greenhouse gases from our direct operations and value chain to as close to zero as possible. Our near-term target is aligned with a 1.5°C pathway and was approved by the SBTi in 2024. This SBTi target includes our commitments to do the following: reducing absolute scope 1 GHG emissions by 46.2% by 2030 (from a 2019 base year), continuing active annual sourcing of 100% renewable electricity through 2030 and having 75% of our suppliers by spend establish their own science-based GHG reduction targets by 2028.

In 2024, we continued to source 100% renewable electricity for operations, engaged with over 75% of our suppliers by spend on setting their own science-based GHG reduction targets and sponsored the National Academy of Medicine Action Collaborative on Decarbonizing the U.S. Health Sector.

Better Understand Environmental Exposure Impacts on Health and Healthcare Costs

In 2023, we joined the National Commission on Climate and Workforce Health (the “Commission”), which aims to help employers better understand the growing threat that climate change poses to human health and to take the necessary steps to build climate-resilient workforces. Through our work on the Commission, we have helped develop educational resources focused on protecting employees from extreme heat, fortifying workers against unhealthy air quality and addressing the mental health impacts of our changing climate.

In addition, we are conducting studies assessing environmental exposure impacts on health and healthcare costs. For example, we are studying the impacts of extreme heat and wildfire smoke, leveraging national datasets on temperature and wildfire smoke to estimate the relationship between changes in a member’s environment and their cost-of-care and utilization.

#### Building Resilient Communities
Elevance Health and our more than 100,000 associates have deep roots in the communities where we live and work, and during times of disaster, we all come together to support our colleagues, members and communities. For example, in response to Hurricanes Helene and Milton, E