All caps is part of it sure, but that's not the only thing going on. Given what "env" means, either "environment variables" or "env vars" is more normal. Mixing one short and one long is an oddity on top of the capitalization.
Like I said though, it's along the lines of a code smell. It's definitely possible the writer is simply doing it by reflex due to influence from some other language (but then, why not use that language in the example at the top?), but it sticks out and makes more familiar readers question why it's being written that way, where the author is actually coming from.