Verizon Avenue Corporation Sustainability Profile
Verizon Avenue Corporation, commonly referred to as Verizon, is a leading telecommunications company headquartered in the United States. Established in 2000, Verizon has grown to become a dominant player in the telecommunications industry, providing a wide range of services across major operational regions, including the East Coast and Midwest. Specialising in wireless communications, broadband, and digital television, Verizon is renowned for its innovative solutions and robust network infrastructure. The company’s core offerings, such as 5G wireless technology and fibre-optic services, set it apart from competitors, ensuring high-speed connectivity for both residential and business customers. With a strong market position, Verizon has consistently achieved notable milestones, including being recognised for its extensive 5G network rollout, which enhances user experience and connectivity. As a trusted name in telecommunications, Verizon Avenue Corporation continues to shape the future of communication in the digital age.
DitchCarbon Score
How does Verizon Avenue Corporation'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 Avenue Corporation's score of 64 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Verizon Avenue Corporation, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Verizon Communications Inc., which influences its climate commitments and initiatives. As part of its parent company's sustainability efforts, Verizon Avenue Corporation adheres to various climate initiatives cascaded from Verizon Communications Inc. These include participation in the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, all aimed at reducing carbon emissions and promoting renewable energy usage. However, specific reduction targets or achievements for Verizon Avenue Corporation have not been disclosed. While no absolute emissions figures are provided, the commitment to sustainability and climate action is evident through its alignment with industry standards and initiatives. The absence of direct emissions data highlights the need for ongoing transparency and accountability in corporate climate strategies.
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| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 581,272,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 5,061,414,000 | 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 | 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 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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 | 00,000,000,000 |
How Carbon Intensive is Verizon Avenue Corporation's Industry?
How Carbon Intensive is Verizon Avenue Corporation's Location?
Verizon Avenue Corporation's Scope 3 Categories Breakdown
Verizon Avenue Corporation's Scope 3 emissions, which decreased by 9% last year and increased significantly since 2012, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 79% of Scope 3 emissions.
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Verizon Avenue Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Verizon Avenue Corporation has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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