Verizon joins Amazon and Global Optimism in signing The Climate Pledge
16 Junio 2020 - 5:00AM
Today, Verizon (NYSE: VZ) announced it has joined The Climate
Pledge - the commitment co-founded by Amazon (NASDAQ: AMZN) and
Global Optimism to meet the Paris Agreement 10 years early. The
Climate Pledge calls on new signatories to be net zero carbon
across their businesses by 2040 - a decade ahead of the Paris
Accord’s goal of 2050.
Verizon is on track to be carbon neutral across scope 1 and
scope 2 emissions by 2035 and has issued a $1 billion green bond to
invest in innovative solutions to accelerate the company’s
sustainability efforts. This includes powering operations with 50%
renewable energy by 2025 and new virtual power purchase agreements
(VPPA) for more than 380 MW of new wind and solar power
capacity.
“Climate change is a global challenge that impacts everyone, and
that is why we considered it vital to join The Climate Pledge,”
said Hans Vestberg, Chairman and CEO of Verizon. “Leaving future
generations with a cleaner world is core to our values as a
responsible business. At Verizon, it does not stop with reducing
our carbon footprint. Through our technology and networks, we’re
innovating solutions for customers, increasing efficiencies and
building resiliency across the company and the communities we
serve.”
Verizon and other companies that sign The Climate Pledge agree
to:
- Measure and report greenhouse gas emissions on a regular
basis;
- Implement decarbonization strategies in line with the Paris
Agreement through real business changes and innovations, including
efficiency improvements, renewable energy, materials reductions,
and other carbon emission elimination strategies;
- Neutralize any remaining emissions with additional,
quantifiable, real, permanent, and socially beneficial offsets to
achieve net zero annual carbon emissions by 2040.
“I’m excited that Verizon is signing The Climate Pledge and
committing to reach the Paris Agreement ten years early. Tackling
climate change requires innovation, leadership, and partnership -
no one can do it alone,” said Jeff Bezos, Amazon founder and CEO.
“Verizon has set aggressive goals to increase energy efficiency
across its operations and power its business with 50% renewable
energy by 2025 - on the path to achieving net zero carbon by
2040.”
“As the climate crisis worsens, more companies will need to get
serious and challenge themselves to achieve decarbonization at a
faster pace,” said Christiana Figueres, the UN’s former climate
change chief and founding partner of Global Optimism. “Verizon is
committing to an accelerated timeline that will move the needle
against the race to stop the continued warming of our planet.
Actions like this will cut emissions and slow down the damage that
has been done, but we have to act now.”
By joining The Climate Pledge and agreeing to decarbonize at a
faster rate, Verizon will play a critical role in stimulating
investment in the development of low carbon products and services
that will be required to help companies meet the pledge. To learn
more about Verizon’s sustainability efforts, visit
verizon.com/sustainability.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on
June 30, 2000 and is celebrating its 20th year as one of the
world’s leading providers of technology, communications,
information and entertainment products and services. Headquartered
in New York City and with a presence around the world, Verizon
generated revenues of $131.9 billion in 2019. The company
offers voice, data and video services and solutions on its
award-winning networks and platforms, delivering on customers’
demand for mobility, reliable network connectivity, security and
control.
Amazon is guided by four principles: customer obsession rather
than competitor focus, passion for invention, commitment to
operational excellence, and long-term thinking. Customer reviews,
1-Click shopping, personalized recommendations, Prime, Fulfillment
by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets,
Fire TV, Amazon Echo, and Alexa are some of the products and
services pioneered by Amazon. For more information, visit
www.amazon.com/about.
Global Optimism exists to precipitate transformational,
sector-wide change. Achieving a zero emissions future is not a
far-off challenge. It’s one we must get on track for now. Every
scientific assessment shows that to meet the goal of net zero
emissions by 2050, to keep global heating below 1.5°C, we must
halve our emissions between 2020 and 2030. Tackling the climate
crisis is only possible when everyone, everywhere plays their part.
We work with like-minded collectives from all sectors who are
willing to invest in the choices required to be on this challenging
– and life-affirming – journey. https://globaloptimism.com/
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Media contact:Bernadette
Brijlallbernadette.brijlall@verizon.com
Verizon Communications (NYSE:VZ)
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