As of 2024, Verizon Communications has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Verizon Communications ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2035 |
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As of 2024, Verizon Communications has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a
As of 2024, Verizon Communications has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Verizon Communications's most ambitious operational target is to reduce these emissions by 53% by 2030, compared to a baseline of 4,365,627 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a
As of 2023, Verizon Communications is ahead of schedule on its operational emissions reduction target, having achieved 83.02% of the planned reduction. a
As of 2024, Verizon Communications has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a
Verizon Communications's most ambitious value chain target is to reduce these emissions by 40% by 2035, compared to a baseline of 18,979,748 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a
As of 2023, Verizon Communications is ahead of schedule on its value chain emissions reduction target, having achieved 50% of the planned reduction. a
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