ESG Report
Our 2020 Environmental, Social and Governance Report
We have a responsibility to leverage our technology, operations and employees to help move the world forward into a more connected, secure and sustainable future. Our ESG strategy is built to see this vision come to fruition by effectively governing and managing key ESG risks and opportunities that arise from our core business operations.
We cannot commit to a brand purpose of moving the world forward unless we are committed to helping ensure we move it forward for everyone.
Environmental
Making our networks and the communities we serve more climate resilient.
Net zero emissions in our operations by 2035
Aligning with the goal of the Paris Agreement on climate change.
6M+ trees planted
Toward our goal of planting 20M trees worldwide by 2030.
1.7 GW renewable energy under contract
Making us one of the largest corporate buyers of renewable energy in the U.S.
35.6M pounds
Of e-waste recycled or reused in 2020.
Social
Building a diverse and inclusive workforce, enhancing the security, safety and accessibility of our products and services, and uplifting the communities we serve.
100% pay equity
In salary for women and men across Verizon and with respect to race/ethnicity in the U.S.
510K
Employees, eligible retirees and their dependents provided with healthcare benefits in 2020.
7B+
Blocked robocalls and counting for our customers.
$1M
Online advertising donated to the National Center for Missing and Exploited Children to help find missing children and promote digital safety.
Community
Moving the world forward through action with Citizen Verizon, our responsible business plan for economic, environmental and social advancement.
480K students
Provided with digital skills training towards our goal of 10M by 2030.
Fios Forward
Launched to offer low-income households affordable access to high-performing broadband internet.
$7.5M
Donated by The Verizon Foundation to support small businesses in underserved communities.
$10M
Donated by Verizon and the Verizon Foundation to seven social justice organizations in 2020.
Governance
Fostering a mix of backgrounds, perspectives, skills and expertise on our Board to promote the effective oversight of our core business strategy.
5 of 9
Board members are women or people of color.
20+ years
Of promoting workforce diversity through compensation.
The Board Challenge Charter Member
Championing Black representation on U.S. corporate boards.