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 2023, Veritiv reported total carbon emissions of approximately 64,431,000 kg CO2e for Scope 1 and 12,029,000 kg CO2e for Scope 2, resulting in a combined total of about 76,460,000 kg CO2e for these two scopes. This represents a significant increase from 2022, where Scope 1 emissions were approximately 76,061,000 kg CO2e and Scope 2 emissions were about 13,599,000 kg CO2e. 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 was established in 2021 in partnership with Engie Impact, reflecting the company's commitment to sustainability and carbon reduction. In 2024, Veritiv's emissions data indicated a total of approximately 2,874,060,000 kg CO2e for Scope 3 emissions, which highlights the company's broader impact across its value chain. However, specific reduction targets for Scope 3 emissions have not been disclosed. Overall, Veritiv's climate strategy focuses on significant reductions in its direct and indirect emissions, aligning with industry standards for climate action and sustainability.
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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.
