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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.
+49 vs industry average
Verizon’s score of 94 is higher than 92% 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.
In 2025, Verizon reported total global emissions of approximately 13.1 billion kg CO2e, encompassing Scope 1, 2, and 3. Of this, Scope 1 emissions were about 283,397,000 kg CO2e, and Scope 2 (market-based) emissions were approximately 878,832,000 kg CO2e. Scope 3 emissions were the largest contributor, totalling around 11.99 billion kg CO2e. The primary driver within Scope 3 was purchased goods and services, accounting for approximately 8.51 billion kg CO2e.
The company's total emissions in 2024 were approximately 15.7 billion kg CO2e. Scope 1 emissions stood at about 265,859,000 kg CO2e, and Scope 2 (market-based) emissions were approximately 1.45 billion kg CO2e. Scope 3 emissions for 2024 totalled about 13.74 billion kg CO2e, with purchased goods and services being the most significant category at approximately 10.86 billion kg CO2e.
Verizon has set ambitious climate commitments, including a target to reduce absolute Scope 1 and 2 GHG emissions by 53% by 2030, against a 2019 baseline, to align with limiting global warming to 1.5°C. This target has been approved by the Science Based Targets initiative (SBTi). Additionally, the company aims for a 40% reduction in Scope 3 emissions from its value chain by 2035, also based on a 2019 baseline, to
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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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