Verizon Media Group Sustainability Profile
Verizon Media Group, a subsidiary of Verizon Communications Inc., is a leading player in the digital media and advertising industry, headquartered in the United States. Founded in 2015, the company has rapidly evolved, integrating advanced technology and data-driven solutions to enhance user experiences across its platforms. With a strong presence in major operational regions, including North America and Europe, Verizon Media Group offers a diverse range of services, including digital advertising, content creation, and media distribution. Its core products, such as Yahoo and AOL, stand out for their innovative approach to connecting brands with audiences through targeted advertising and engaging content. Recognised for its market position, Verizon Media Group has achieved significant milestones, including partnerships with top-tier publishers and advertisers, solidifying its reputation as a trusted leader in the digital landscape.
DitchCarbon Score
How does Verizon Media Group'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 Media Group's score of 44 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 Media Group, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. As a current subsidiary of Verizon Communications Inc., any climate commitments or emissions data would be inherited from this parent organisation. 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 address climate change and promote sustainability. However, specific reduction targets or achievements for Verizon Media Group have not been disclosed. The company is aligned with various industry standards and initiatives, including the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, all of which are cascaded from Verizon Communications Inc. These frameworks guide their climate strategies and commitments, although detailed metrics on emissions reductions are not currently available. In summary, while Verizon Media Group is part of a larger corporate family with established climate commitments, specific emissions data and reduction targets for the group itself remain unspecified.
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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 Media Group's Industry?
How Carbon Intensive is Verizon Media Group's Location?
Verizon Media Group's Scope 3 Categories Breakdown
Verizon Media Group'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 Media Group'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 Media Group 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.
