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Verizon Communications Inc., commonly known as Verizon, is a leading player in the post and telecommunication services industry, headquartered in the United States. Founded in 2000, Verizon has rapidly evolved, becoming a cornerstone of connectivity across major operational regions, including the East Coast and parts of the Midwest.
Specialising in wireless communications, broadband, and digital television services, Verizon distinguishes itself through its extensive 4G LTE and 5G networks, offering unparalleled speed and reliability. The company has achieved significant milestones, including the rollout of its 5G Ultra Wideband service, which positions it as a frontrunner in the telecommunications sector.
With a strong market presence and a commitment to innovation, Verizon continues to enhance its core offerings, ensuring customers receive cutting-edge technology and exceptional service.
+52 vs industry average
Verizon’s score of 94 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Post and Telecommunications Services has below-average carbon intensity
The Post and Telecommunications Services industry has reduced its overall emissions by 39% since 2018
Scope 3 accounts for ••• of total emissions.
Verizon, a US-based post and telecommunication services provider, reported total emissions of approximately 13.1 billion kg CO2e in 2025. This includes about 283.4 million kg CO2e from Scope 1, 878.8 million kg CO2e from Scope 2 (market-based), and 12.0 billion kg CO2e from Scope 3 emissions.
In 2024, their total emissions were approximately 15.4 billion kg CO2e, comprising around 265.9 million kg CO2e from Scope 1, 1.46 billion kg CO2e from Scope 2 (market-based), and 13.7 billion kg CO2e from Scope 3. Looking back to 2019, Verizon's total emissions were approximately 23.3 billion kg CO2e, with Scope 1 at about 358.8 million kg CO2e, Scope 2 (market-based) at approximately 4.01 billion kg CO2e, and Scope 3 at about 19.0 billion kg CO2e.
Verizon has established several climate commitments. They aim to achieve a 53% reduction in absolute Scope 1 and 2 operational emissions by 2030, using a 2019 baseline, in line with a 1.5°C warming scenario. Furthermore, Verizon is committed to reducing absolute Scope 3 emissions from their value chain by 40% by 2035, also against a 2019 baseline, to limit global warming to well below 2°C. These targets have been recognised by the Science Based Targets initiative (SBTi). The company also has a long-term goal of achieving net-zero operational emissions by 2035. Additionally, Verizon aims to reduce its carbon intensity by 50% by 2025, compared to a 2016 baseline.
2030
53% reduction in Scope 2
Verizon Communications Inc. commits to reduce absolute scope 2 GHG emissions 53% by 2030 from a 2019 base year.
2030
53% reduction in Scope 1
Verizon Communications Inc. commits to reduce absolute scope 1 GHG emissions 53% by 2030 from a 2019 base year.
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Common questions about Verizon’s sustainability data and climate commitments
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