Veritiv
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Veritiv's score of 53 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Veritiv's reported carbon emissions
In 2024, Veritiv reported total carbon emissions of approximately 2,874,060,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 2,874,060,000 kg CO2e. Scope 1 emissions were approximately 59,491,000 kg CO2e, while Scope 2 emissions totalled about 26,107,000 kg CO2e (market-based). Veritiv has set ambitious climate commitments, aiming to reduce its total Scope 1 and Scope 2 emissions by 50% from a 2020 baseline by the end of 2030. This target reflects a proactive approach to mitigating climate impact, in partnership with ENGIE Impact to accurately assess and manage their carbon footprint. The company's emissions have fluctuated over recent years, with Scope 1 emissions decreasing from approximately 76,061,000 kg CO2e in 2022 to about 64,431,000 kg CO2e in 2023, and further to approximately 59,491,000 kg CO2e in 2024. Scope 2 emissions also showed a slight reduction from about 29,994,000 kg CO2e in 2022 to approximately 26,107,000 kg CO2e in 2024. Veritiv's commitment to sustainability and carbon reduction positions it as a responsible player in the industry, aligning with global efforts to combat climate change.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 56,265,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 21,862,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 |
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.
Veritiv is not participating in any 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.
