Verizon Communications, Inc., GTE Corp. Local Exchange Assets in Arkansas Sustainability Profile
Verizon Communications, Inc., commonly referred to as Verizon, is a leading telecommunications company headquartered in the United States. With significant operations in Arkansas, Verizon has established itself as a key player in the local exchange market, particularly following its acquisition of GTE Corp. Founded in 2000, Verizon has achieved numerous milestones, including the expansion of its fibre-optic network and the rollout of 5G technology. The company offers a diverse range of services, including high-speed internet, wireless communications, and digital television, distinguished by its commitment to innovation and customer service. Verizon's robust market position is underscored by its extensive infrastructure and a reputation for reliability, making it a preferred choice for consumers and businesses alike in Arkansas and beyond.
DitchCarbon Score
How does Verizon Communications, Inc., GTE Corp. Local Exchange Assets in Arkansas'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 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 Communications, Inc., GTE Corp. Local Exchange Assets in Arkansas's score of 21 is lower than 100% 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 Communications, Inc., GTE Corp. Local Exchange Assets in Arkansas currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The organisation is part of a corporate family that includes Lumen Technologies, Inc., from which it inherits emissions data and climate commitments. As of now, there are no documented reduction targets or climate pledges specific to Verizon's local exchange assets in Arkansas. However, the climate initiatives and performance metrics are cascaded from Lumen Technologies, Inc., which may have its own sustainability goals and emissions strategies. Given the lack of specific emissions data and reduction initiatives, it is essential to monitor future disclosures from Lumen Technologies, Inc. for any updates on emissions performance and climate commitments that may impact Verizon's local operations.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 277,725,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 2,082,498,000 | 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 | 2,498,404,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Verizon Communications, Inc., GTE Corp. Local Exchange Assets in Arkansas's Industry?
How Carbon Intensive is Verizon Communications, Inc., GTE Corp. Local Exchange Assets in Arkansas's Location?
Verizon Communications, Inc., GTE Corp. Local Exchange Assets in Arkansas's Scope 3 Categories Breakdown
Verizon Communications, Inc., GTE Corp. Local Exchange Assets in Arkansas's Scope 3 emissions, which increased by 0% last year and decreased by approximately 47% since 2018, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 49% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 41% of Scope 3 emissions.
Top Scope 3 Categories
Verizon Communications, Inc., GTE Corp. Local Exchange Assets in Arkansas'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 Communications, Inc., GTE Corp. Local Exchange Assets in Arkansas has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
