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 67% 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, headquartered in the US, reported total carbon emissions of approximately 1,033,000 kg CO2e. This figure includes 301,000 kg CO2e from Scope 1 emissions, 16,400 kg CO2e from Scope 2 emissions, and 716,000 kg CO2e from Scope 3 emissions. The total emissions for 2022 were slightly higher at about 1,081,000 kg CO2e, indicating a reduction in emissions year-on-year. Veritas has set ambitious climate commitments through the Science Based Targets initiative (SBTi). The company aims to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 25% by FY2025, using FY2019 as the baseline. Additionally, it targets a 19% reduction in Scope 3 emissions from business travel and a 17% reduction in Scope 3 emissions from the use of sold products per appliance sold, both by FY2025. Furthermore, Veritas commits to ensuring that 50% of its suppliers, by spend, covering purchased goods and services and capital goods, will have science-based targets by FY2025. This commitment aligns with industry standards for climate action, reflecting Veritas's dedication to reducing its carbon footprint and promoting sustainability within its supply chain. The emissions data and targets are cascaded from Veritas Technologies LLC, the parent company, ensuring a unified approach to climate responsibility across its operations.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 297,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 15,700 | 00,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 424,000 | 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.
