Veritiv Corporation, commonly known as Veritiv, is a leading provider of integrated packaging, facility solutions, and print services, headquartered in the United States. Founded in 2014, the company emerged from the merger of International Paper's xpedx distribution business and Unisource Worldwide, positioning itself as a key player in the distribution and logistics industry. With major operational regions across North America, Veritiv serves a diverse clientele, offering a comprehensive range of products and services that include packaging solutions, commercial printing, and facility supplies. What sets Veritiv apart is its commitment to sustainability and innovation, ensuring that clients receive tailored solutions that meet their unique needs. Recognised for its market leadership, Veritiv has achieved significant milestones, including a strong presence in the Fortune 500 list, reflecting its robust growth and dedication to excellence in service delivery.
How does Veritiv'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.
Mean score of companies in the Business 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.
Veritiv's score of 35 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Veritiv reported total carbon emissions of approximately 47,416,000 kg CO2e, comprising about 35,387,000 kg CO2e from Scope 1 and about 12,029,000 kg CO2e from Scope 2 emissions. This reflects a continued commitment to reducing their carbon footprint, as the company aims to achieve a 50% reduction in total Scope 1 and Scope 2 emissions from a 2020 baseline by the end of 2030. In 2020, Veritiv's emissions were approximately 78,127,000 kg CO2e, with Scope 1 emissions at about 56,265,000 kg CO2e and Scope 2 emissions at about 21,862,000 kg CO2e. The company has made significant strides in reducing its emissions over the years, with 2021 emissions dropping to approximately 58,876,000 kg CO2e and 2022 further decreasing to about 53,857,000 kg CO2e. Veritiv's proactive approach includes partnering with Engie Impact to accurately assess and manage their carbon emissions, reinforcing their commitment to sustainability and climate responsibility.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 56,265,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 21,862,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - |
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.
Veritiv is not committed to any reduction initiatives 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.