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 51 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 2023, Veritiv reported total carbon emissions of approximately 76,740,000 kg CO2e, comprising 64,431,000 kg CO2e from Scope 1 and 12,290,000 kg CO2e from Scope 2. This reflects a commitment to reducing emissions, as the company aims to achieve a 50% reduction in total Scope 1 and Scope 2 emissions from its 2020 baseline by the end of 2030. In 2020, Veritiv's emissions were approximately 78,127,000 kg CO2e, with Scope 1 emissions at 56,265,000 kg CO2e and Scope 2 emissions at 21,862,000 kg CO2e. The company has partnered with Engie Impact to assess and manage its carbon footprint effectively. Veritiv's emissions data for 2021 and 2022 showed a downward trend, with emissions of about 58,876,000 kg CO2e in 2021 and approximately 53,857,000 kg CO2e in 2022, indicating progress towards its reduction targets. As of 2024, Veritiv's emissions have increased to approximately 2,874,060,000 kg CO2e in Scope 3, highlighting the importance of addressing indirect emissions in their climate strategy. The company continues to focus on its climate commitments, aiming for significant reductions in its operational carbon footprint.
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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 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.
