Verizon Connect Inc. Sustainability Profile
Verizon Connect Inc., a subsidiary of Verizon Communications, is a leading provider of fleet management and telematics solutions headquartered in the United States. Established in 2017, the company has rapidly evolved within the transportation and logistics industry, focusing on enhancing operational efficiency through advanced technology. With a strong presence across North America and Europe, Verizon Connect offers a suite of innovative products and services, including GPS tracking, driver safety tools, and vehicle diagnostics. These solutions are designed to optimise fleet performance and reduce costs, setting the company apart in a competitive market. Recognised for its commitment to customer satisfaction and technological advancement, Verizon Connect continues to solidify its position as a trusted partner for businesses seeking to improve their fleet operations and achieve sustainable growth.
DitchCarbon Score
How does Verizon Connect Inc.'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 Computer 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 Connect Inc.'s score of 67 is higher than 82% 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 Connect Inc., 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. While there are no absolute emissions figures reported, Verizon Connect Inc. benefits from the sustainability initiatives and targets set by its parent company, Verizon Communications Inc. This includes participation in various climate initiatives such as the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 commitment to renewable energy. These initiatives are cascaded down from Verizon Communications Inc. and reflect a broader commitment to reducing carbon emissions across its operations. Verizon Communications Inc. has established significant climate pledges aimed at reducing its overall carbon footprint, although specific reduction targets for Verizon Connect Inc. have not been detailed. The company is aligned with industry-standard climate terminology and practices, indicating a commitment to sustainability and environmental responsibility. In summary, while specific emissions data for Verizon Connect Inc. is not available, the company is integrated into the climate strategies of its parent organisation, Verizon Communications Inc., which actively pursues ambitious sustainability goals.
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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 Connect Inc.'s Industry?
How Carbon Intensive is Verizon Connect Inc.'s Location?
Verizon Connect Inc.'s Scope 3 Categories Breakdown
Verizon Connect Inc.'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.
Top Scope 3 Categories
Verizon Connect Inc.'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 Connect Inc. 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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