Moving forward sustainably.
Read about our efforts in the 2020 Environmental, Social and Governance (ESG) Report.
Addressing climate-related risks and opportunities.
We have adopted the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and published our first report aligned with these guidelines.
Addressing climate-related risks and opportunities.
We have adopted the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and published our first report aligned with these guidelines.
Verizon completes final allocation of its second green bond.
In February 2019, Verizon became the first U.S. telecom company to issue a green bond. The inaugural offering raised almost $1 billion in net proceeds which was fully allocated in 2020 for renewable energy, energy efficiency, green buildings, and biodiversity and conservation. In September 2020, Verizon issued its second green bond which was fully allocated in 2021 for renewable energy investments.
Verizon completes final allocation of its second green bond.
In February 2019, Verizon became the first U.S. telecom company to issue a green bond. The inaugural offering raised almost $1 billion in net proceeds which was fully allocated in 2020 for renewable energy, energy efficiency, green buildings, and biodiversity and conservation. In September 2020, Verizon issued its second green bond which was fully allocated in 2021 for renewable energy investments.
Talking sustainability
with Verizon’s CSO.
Hear from Jim Gowen, Verizon's Chief Sustainability Officer, on how we’re committed to protecting our planet for future generations.
Talking sustainability
with Verizon’s CSO.
Hear from Jim Gowen, Verizon's Chief Sustainability Officer, on how we’re committed to protecting our planet for future generations.
Investing in green energy.
Verizon has committed to source or generate renewable energy equivalent to 50% of our total annual electricity consumption by 2025.
In a little over a year, Verizon has become one of the largest corporate buyers of U.S. renewable energy, entering into 13 long-term power purchase agreements totaling nearly 1.7 GW of renewable energy capacity. These agreements support the construction of new wind and solar facilities. With these agreements, we are making significant progress toward our renewable energy goal.
Investing in green energy.
Verizon has committed to source or generate renewable energy equivalent to 50% of our total annual electricity consumption by 2025.
In a little over a year, Verizon has become one of the largest corporate buyers of U.S. renewable energy, entering into 13 long-term power purchase agreements totaling nearly 1.7 GW of renewable energy capacity. These agreements support the construction of new wind and solar facilities. With these agreements, we are making significant progress toward our renewable energy goal.
Helping customers reduce carbon emissions.
Advanced technology enables millions of consumers and businesses to reduce their carbon footprint and be more sustainable. Our connected solutions help our customers save energy and reduce their carbon emissions.
We’ve set a new goal that by 2030, Verizon solutions will help avoid 20 million metric tons of CO2e annually.
In 2020, our solutions enabled the avoidance of 12 million metric tons of CO2e. The emissions avoided represent approximately 2.8 times the emissions generated by Verizon’s operations (Scope 1 and 2 emissions).
Connected solutions.
See how Verizon's connected solutions enable consumers and businesses to reduce their carbon footprints.
Connected solutions.
See how Verizon's connected solutions enable consumers and businesses to reduce their carbon footprints.
Recycling and waste diversion.
Across our operations, we work to conserve resources and divert waste from landfills.
In 2020:
- We recycled more than 38.3 million pounds of telecommunications equipment, electronic products, batteries, paper, cardboard and other items. We recycled more than 33 million pounds – and reused nearly 2.5 million pounds – of e-waste.
- We have collected more than 4.8 million pounds of e-waste at recycling events since 2009, toward our goal to collect and recycle 5 million pounds of e-waste between 2009 and 2022.
Reducing water consumption.
Our goal is to reduce our water consumption by 15% over our 2016 level by 2025. Through 2019, we achieved a 9% reduction with usage of 2.35 billion gallons, down from 2.6 billion gallons in 2016.
Reducing water consumption.
Our goal is to reduce our water consumption by 15% over our 2016 level by 2025. Through 2019, we achieved a 9% reduction with usage of 2.35 billion gallons, down from 2.6 billion gallons in 2016.
