Verizon Communications Inc 2024 SR
The report details Verizon's responsible business performance for 2024, focusing on governance, integration, engagement, and reporting. Key highlights include a 61% reduction in market-based Scope 1 and 2 emissions since 2019 and achieving 49.8% renewable energy consumption. The company announced a $5 billion commitment to support small businesses through its new Small Business Supplier Accelerator. Additionally, Verizon conducted a pilot nature-related impact assessment aligned with TNFD and recycled or reused over 92 million pounds of materials, including electronic waste. The report also emphasizes digital responsibility, cybersecurity, and network resilience.
Company: Verizon Communications Inc
Sector: Communication Services
Country: United States
Year: 2024
Type: SR
Pages: 23
Verizon Communications Inc
Responsible Business Update
The report details Verizon's responsible business performance for 2024, focusing on governance, integration, engagement, and reporting. Key highlights include a 61% reduction in market-based Scope 1 and 2 emissions since 2019 and achieving 49.8% renewable energy consumption. The company announced a $5 billion commitment to support small businesses through its new Small Business Supplier Accelerator. Additionally, Verizon conducted a pilot nature-related impact assessment aligned with TNFD and recycled or reused over 92 million pounds of materials, including electronic waste. The report also emphasizes digital responsibility, cybersecurity, and network resilience.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Total Waste