- Lack of electric vehicle (EV) models suitable for commercial operations
- Accelerating decarbonization throughout our value chain
- Managing climate-related risks and opportunities for our business and our customers
- Managing ESG risks throughout our supply chain, including human rights, labor and environmental issues
Verizon Communications Inc.
Carbon Emissions & Sustainability Report
CO₂ Emissions
Not available
2023
Renewable Energy
Null
of total energy
Water Usage
Not available
2023
Waste
Not available
2023
Energy Use
Not available
2023
📊 Emissions Breakdown (2023)
Scope 1
Direct emissions
Not available
Scope 2
Electricity
Not available
Scope 3
Supply chain
Not available
📈 Historical Emissions
2023
Not available
2022-11 to 2023-10
Not available
2021
4.1M tCO2e (2020)
2020-11 to 2021-10
Not available
2019
4.4M tCO2e (Scope 1 & 2)
2018
Not available
✅ Key Environmental Achievements
- 23.3% reduction in scopes 1 and 2 emissions and 15.1% reduction in scope 3 emissions (2019-2022)
- ~3.6 GW of anticipated renewable energy under contract as of February 2024
- $6 billion in green bonds issued as of February 2024
- 20+ million trees planted since 2009
- 16% reduction in water usage from 2019 to 2022
- Recycled or reused nearly 79 million pounds of materials, including e-waste, in 2023
🎯 Future Goals
🔜 Short-term
- Source renewable energy equivalent to 50% of annual electricity usage by 2025
📅 Medium-term
- Source renewable energy equivalent to 100% of annual electricity usage by 2030
- Achieve a 53% reduction in scope 1 and 2 operational emissions by 2030
🔭 Long-term
- Achieve net-zero operational emissions by 2035
- Achieve a 40% reduction in scope 3 emissions by 2035
🌱 ESG Focus Areas
Climate changeCybersecurity and data privacyDiversity, equity and inclusion (DEI)Network resilienceRegulatory engagementSupply chain managementDigital inclusionEmployee health and safetyLabor practicesProduct end-of-life managementTalent attraction and retentionResponsible AI