Verizon Connected Solutions Inc. Sustainability Profile
Verizon Connected Solutions Inc., a subsidiary of Verizon Communications, is a leading player in the telecommunications industry, headquartered in the United States. Founded in 2000, the company has established itself as a pioneer in IoT (Internet of Things) solutions, providing innovative connectivity and data management services across various sectors, including healthcare, transportation, and smart cities. With a strong presence in major operational regions across North America, Verizon Connected Solutions offers a diverse range of products and services, such as advanced network solutions, asset tracking, and fleet management. Their unique approach combines robust technology with industry expertise, ensuring clients receive tailored solutions that enhance operational efficiency. Recognised for its market leadership, Verizon Connected Solutions continues to drive digital transformation, solidifying its position as a trusted partner for businesses seeking to leverage the power of connectivity.
DitchCarbon Score
How does Verizon Connected Solutions 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 Electrical Machinery Manufacturing 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 Connected Solutions 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 Connected Solutions 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 cascades its climate commitments and initiatives down to its subsidiaries. Verizon Communications Inc. has set ambitious climate targets, including commitments to reduce greenhouse gas emissions across its operations. These initiatives are part of a broader strategy to achieve sustainability and address climate change. The company participates in various climate initiatives, including the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, which focuses on transitioning to 100% renewable energy. While specific reduction targets for Verizon Connected Solutions Inc. are not detailed, the overarching goals from Verizon Communications Inc. indicate a commitment to significant emissions reductions and sustainability practices. The absence of direct emissions data suggests that the company is still in the process of establishing its own metrics or reporting frameworks. Overall, Verizon Connected Solutions Inc. is aligned with its parent company's climate commitments, aiming to contribute to a more sustainable future through responsible environmental practices.
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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 Connected Solutions Inc.'s Industry?
How Carbon Intensive is Verizon Connected Solutions Inc.'s Location?
Verizon Connected Solutions Inc.'s Scope 3 Categories Breakdown
Verizon Connected Solutions 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 Connected Solutions 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 Connected Solutions Inc. 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.
