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 31 is higher than 58% 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 Corporation reported total carbon emissions of approximately 35,387,000 kg CO2e for Scope 1 and about 12,029,000 kg CO2e for Scope 2, resulting in a combined total of around 47,416,000 kg CO2e. This marks a reduction from 2022, where emissions were approximately 40,258,000 kg CO2e for Scope 1 and 13,599,000 kg CO2e for Scope 2, totalling about 53,857,000 kg CO2e. Veritiv has set an ambitious target to reduce its total Scope 1 and Scope 2 emissions by 50% from a 2020 baseline by the year 2030. This commitment, established in 2021 in partnership with ENGIE Impact, reflects the company's proactive approach to climate action. The reduction target is significant, aiming to lower emissions from approximately 78,127,000 kg CO2e in 2020 to about 39,063,500 kg CO2e by 2030. As of now, Veritiv has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. The company is committed to transparency and accountability in its climate initiatives, as evidenced by its participation in various sustainability frameworks.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 56,265,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 21,862,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
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.
