Verizon Communications

Integrated Telecommunication Services
VZ
$ 40 0.43
Share price
$ 169 bn
Market Cap
$ 346 bn
Enterprise Value

Carbon footprint

12 Ton
GHG emissions per $ 1 mln investment
0.35x the weighted average for S&P 500
FY2020
How is this calculated?
-6.3%
YOY change in GHG emissions
Weaker than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

Verizon Communications's GHG emissions (location-based) (Kt of CO2e)

Verizon Communications's carbon footprint

Verizon Communications reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 4,090 Kt (-275 /-6.3% y-o-y).

Verizon Communications's Scope 3 emissions soared to 15,640 Kt (+15,544/+16197% y-o-y). The time series has been volatile over the last few periods.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Verizon Communications also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Verizon Communications Inc. commits to reduce absolute scope 1 and 2 GHG emissions 53% by 2030 from a 2019 base year. Verizon Communications Inc. commits to reduce absolute scope 3 GHG emissions 40% by 2035 from a 2019 base year.

Company environmental metrics

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