Verizon
Verizon Communications Inc., commonly known as Verizon, is a leading telecommunications company headquartered in the United States. Founded in 2000, Verizon has established itself as a key player in the industry, primarily operating in major regions across North America. The company offers a diverse range of services, including wireless communications, broadband, and digital television, distinguished by its commitment to innovation and customer satisfaction. With a strong focus on 5G technology and network reliability, Verizon has achieved significant milestones, positioning itself as a market leader. The company is renowned for its extensive fibre-optic network and robust mobile services, which cater to both individual consumers and businesses. Verizon's dedication to enhancing connectivity and delivering cutting-edge solutions has solidified its reputation as a trusted provider in the telecommunications sector.
DitchCarbon Score
How does Verizon'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 Telecommunications 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
Verizon's score of 48 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Verizon's reported carbon emissions
As of 2023, Verizon's carbon emissions data reveals a total of approximately 2,693,330 kg CO2e for Scope 1 emissions, 2,195,515,000 kg CO2e for Scope 2 emissions, and 15,124,184,000 kg CO2e for Scope 3 emissions. This indicates a continued commitment to addressing its carbon footprint across all scopes of emissions. Verizon has set ambitious targets to reduce its greenhouse gas emissions. The company aims to achieve a 53% reduction in absolute Scope 1 and 2 emissions by 2030, using 2019 as the baseline year. Additionally, it has committed to a 40% reduction in absolute Scope 3 emissions by 2035, also from a 2019 baseline. Furthermore, Verizon has pledged to reach net zero carbon emissions by 2035, encompassing all scopes of emissions. These commitments align with industry standards and reflect Verizon's dedication to sustainable practices within the telecommunications sector. The company's proactive approach to climate action is evident in its adherence to the Science Based Targets initiative (SBTi), ensuring that its targets are consistent with the global goal of limiting temperature rise to 1.5°C.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 372,496,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 5,259,727,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 91,365,000 | 00,000,000 | 00,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Verizon is committed to some 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.
