Elevance Health, Inc.
Industry Group: Healthcare
Country/Region: United States of America
Identifier: NYS:ELV
Elevance Health remains one of the leading health insurers in the U.S., providing medical benefits to 47 million medical members as of December 2023. The company offers employer, individual, and government-sponsored coverage plans. Elevance differs from its peers in its unique position as the largest single provider of Blue Cross Blue Shield branded coverage, operating as the licensee for the Blue Cross Blue Shield Association in 14 states. Through acquisitions, such as the Amerigroup deal in 2012 and MMM in 2021, Elevance's reach expands beyond those states through government-sponsored programs such as Medicaid and Medicare Advantage plans, too.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Healthcare 8 out of 588
Universe
Global Universe 365 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Elevance Health, Inc. |
10
Negligible
|
8 out of 588 |
The Cigna Group |
13
Low
|
21 out of 588 |
Centene Corp. |
15.3
Low
|
50 out of 588 |
UnitedHealth Group, Inc. |
16.5
Low
|
65 out of 588 |
CVS Health Corp. |
18.3
Low
|
98 out of 588 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Elevance Health, Inc.'s Exposure is Low
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Elevance Health, Inc.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Elevance Health, Inc.
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What are Material ESG Issues?
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Controversy Rating
Highest Controversy level that has impacted Elevance Health, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level