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 53 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Veritiv Corporation 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 reported at 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 year 2030. This target was established in 2021 in partnership with ENGIE Impact, demonstrating a proactive approach to carbon management. The company is currently on track to meet its near-term reduction goals. In previous years, Veritiv's emissions have shown variability, with Scope 1 emissions recorded at approximately 64,431,000 kg CO2e in 2023 and 76,061,000 kg CO2e in 2022. Scope 2 emissions for 2023 were about 26,602,000 kg CO2e (market-based) and 29,994,000 kg CO2e in 2022. Veritiv's commitment to sustainability is further underscored by its participation in various climate initiatives, although it has not yet established specific Science-Based Targets Initiative (SBTi) targets. The company operates within the trading companies and distributors sector in the United States, reflecting its dedication to reducing its carbon footprint and contributing to global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 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.