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 75% 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 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. The company’s 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 year 2030. This target was established in 2021 in partnership with ENGIE Impact, reflecting the company's commitment to sustainability and carbon reduction. 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 were about 26,602,000 kg CO2e (market-based) in 2023 and approximately 29,994,000 kg CO2e in 2022. Veritiv's climate strategy is aligned with industry standards, and while it has not yet established Science-Based Targets Initiative (SBTi) targets, it is committed to reducing its carbon footprint significantly in the coming years. The company operates within the trading companies and distributors sector in the United States, underscoring its role in promoting sustainable practices within the industry.
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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 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.
