Verizon Media LLC Sustainability Profile
Verizon Media LLC, a subsidiary of Verizon Communications Inc., is a prominent player in the digital media and technology industry, headquartered in the United States. Founded in 2015, the company has rapidly evolved, integrating various media and advertising services to enhance user engagement and monetisation strategies. With a strong presence in major operational regions across North America and beyond, Verizon Media offers a diverse portfolio of products, including digital advertising solutions, content creation, and distribution platforms. Its unique approach combines advanced data analytics with innovative technology, positioning it as a leader in the competitive landscape of digital marketing. Notable achievements include significant partnerships and a robust market position, making Verizon Media a trusted name for brands seeking to connect with audiences effectively.
DitchCarbon Score
How does Verizon Media LLC'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 Communication Equipment 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 Media LLC's score of 64 is higher than 77% 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 LLC, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The company is a current subsidiary of Verizon Communications Inc., which cascades its climate commitments and performance data to Verizon Media. Verizon Communications Inc. has set ambitious climate targets, including commitments to reduce greenhouse gas emissions across its operations. However, specific reduction targets or achievements for Verizon Media LLC are not detailed in the available information. The company is aligned with various sustainability initiatives, including the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, all of which are sourced from its parent company, Verizon Communications Inc. As a subsidiary, Verizon Media LLC is expected to adhere to the overarching climate strategies and commitments established by Verizon Communications Inc., which aims to enhance sustainability and reduce its carbon footprint. However, without specific emissions data or reduction targets, the precise impact of these initiatives on Verizon Media's operations remains unclear.
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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 LLC's Industry?
How Carbon Intensive is Verizon Media LLC's Location?
Verizon Media LLC's Scope 3 Categories Breakdown
Verizon Media LLC'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 LLC'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 LLC 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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