Verizon Commits To Going Carbon Neutral By 2035
Leading American telecom giant Verizon announced on Monday that it was increasing its sustainability commitment and committing to going carbon neutral by 2035 across its Scope 1 and Scope 2 emissions.
The move follows a 2018 which saw the company flunked for its clean energy and emissions policies by ethical consumerism non-profit Green America. The group’s Wireless Scorecard flunked Verizon across three areas of action — current clean energy sourcing, clean energy commitment, and greenhouse gas emissions reductions. Green America also followed up in the middle of the year by highlighting Verizon’s misleading #humanability ad campaign which suggested Verizon was more involved and invested in clean energy than it actually was.
The mounting pressure appears to have had an impact, as in December Verizon announced a renewable energy target of 50% by 2025. This new target is combined with the company’s existing commitment of reducing its carbon intensity by 50% by 2025 on a 2016 baseline, a goal which the company had already been making significant progress on, having reduced its carbon intensity by 28% as of the end of 2017.
Verizon’s new carbon neutral target therefore builds on a combination of campaigner pressure and the company’s own progress over the past few years.
“Sustainability and social responsibility are part of Verizon’s DNA,” said James Gowen, Chief Sustainability Officer and Vice President of Supply Chain Operations at Verizon. “As an emerging leader in sustainability, Verizon understands its responsibility to continuously evolve and innovate to meet new challenges and expectations.”
“It is good that a major energy user like Verizon is recognizing its responsibility to go carbon neutral,” said Todd Larsen, Executive Co-Director, Green America, when reached for comment. “However, the company is still only committing to 50% clean energy by 2025, and we need to see all telecoms reach 100% clean energy by that date to address the climate crisis.”
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