Veritas Technologies
Veritas Technologies, a leading provider of data management solutions, is headquartered in the United States and operates across major regions including Europe and Asia. Founded in 1983, Veritas has established itself as a key player in the data protection and information management industry, with significant milestones such as the launch of its flagship product, Veritas NetBackup. The company offers a comprehensive suite of services, including backup and recovery, cloud data management, and information governance, distinguished by their robust scalability and reliability. Veritas is renowned for its innovative approach to data protection, enabling organisations to manage their data efficiently across hybrid and multi-cloud environments. With a strong market position, Veritas continues to achieve notable recognition for its commitment to helping businesses safeguard their critical information assets.
DitchCarbon Score
How does Veritas Technologies's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Veritas Technologies's score of 41 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Veritas Technologies's reported carbon emissions
In 2023, Veritas Technologies reported total carbon emissions of approximately 1,033,000 kg CO2e, comprising 301,000 kg CO2e from Scope 1, 16,400 kg CO2e from Scope 2, and 716,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing its carbon footprint significantly. Veritas has set ambitious targets to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 25% by FY2025, using FY2019 as the baseline. Additionally, the company aims to decrease Scope 3 emissions from business travel by 19% and from the use of sold products by 17% per appliance sold, also by FY2025. Furthermore, Veritas is committed to ensuring that 50% of its suppliers, based on spend for purchased goods and services and capital goods, will have science-based targets by the same deadline. These initiatives align with industry standards for climate action, demonstrating Veritas's dedication to sustainability and its proactive approach to mitigating climate change impacts.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,896,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 44,512,000 | 00,000,000 | 00,000,000 | 00,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 242,872,000 | 000,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Veritas Technologies is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
