Verizon Communications IncVerizon Communications Inc - ESG Rating & Company Profile powered by AI

Industry Group:Integrated Telecommunications Services

This webpage includes a questions and answers table for Verizon Communications Inc. The report of Verizon Communications Inc uses data from across the web and also from public filings by Verizon Communications Inc. The page contains a free Environmental, Social and Governance report covering Verizon Communications Inc.

Verizon Communications Inc in the Integrated Telecommunications Services industry gained a UN SDG ESG Transparency Score of 7.9; made up of an environmental score of 8.0, social score of 7.1 and governance score of 8.0.

SDG Transparency Score for Verizon Communications Inc 
Low
0 - 3
Medium
4 - 6

7.9

High Impact
7 - 10
Last Score Update: 2023-07-01
What drives the score for Verizon Communications Inc 
8.0

Environmental

7.1

Social

8.0

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Telstra Corporation Ltd
8.8
High
2BCE Inc
8.4
High
11Powerstorm Holdings Inc
8.0
High
11Windstream Holdings Inc
8.0
High
27Verizon Communications Inc
7.9
High
27Charter Communications Inc
7.9
High
27True Corporation PCL
7.9
High
.........
299Verbicom SA
0.0
Low
299tw telecom Inc
0.0
Low
.........
View the full peer group of 412 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Verizon Communications Inc have an accelerator or VC vehicle to help deliver innovation?

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Does Verizon Communications Inc disclose current and historical energy intensity?

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Does Verizon Communications Inc report the average age of the workforce?

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Does Verizon Communications Inc reference operational or capital allocation in relation to climate change?

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Does Verizon Communications Inc disclose its ethnicity pay gap?

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Does Verizon Communications Inc disclose cybersecurity risks?

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Does Verizon Communications Inc offer flexible work?

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Does Verizon Communications Inc have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Verizon Communications Inc disclose the number of employees in R&D functions?

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Does Verizon Communications Inc conduct supply chain audits?

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Does Verizon Communications Inc disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Verizon Communications Inc conduct 360 degree staff reviews?

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Does Verizon Communications Inc disclose the individual responsible for D&I?

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Does Verizon Communications Inc disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Verizon Communications Inc disclose current and / or historical scope 2 emissions?

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Does Verizon Communications Inc disclose water use targets?

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Does Verizon Communications Inc have careers partnerships with academic institutions?

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Did Verizon Communications Inc have a product recall in the last two years?

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Does Verizon Communications Inc disclose incidents of discrimination?

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Does Verizon Communications Inc allow for Work Councils/Collective Agreements to be formed?

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Has Verizon Communications Inc issued a profit warning in the past 24 months?

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Does Verizon Communications Inc disclose parental leave metrics?

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Does Verizon Communications Inc disclose climate scenario or pathway analysis?

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Does Verizon Communications Inc disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Verizon Communications Inc disclose the pay ratio of women to men?

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Does Verizon Communications Inc support suppliers with sustainability related research and development?

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Does Verizon Communications Inc disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Verizon Communications Inc reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Verizon Communications Inc involved in embryonic stem cell research?

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Does Verizon Communications Inc disclose GHG and Air Emissions intensity?

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Does Verizon Communications Inc disclose its waste policy?

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Does Verizon Communications Inc report according to TCFD requirements?

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Does Verizon Communications Inc disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Verizon Communications Inc disclose energy use targets?

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Does Verizon Communications Inc disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Verizon Communications Inc have a policy relating to cyber security?

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Potential Risks for Verizon Communications Inc
These potential risks are based on the size, segment and geographies of the company.

Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wireless equipment, including smartphones and other handsets; and wireless-enabled internet devices, such as tablets, and other wireless-enabled connected devices comprising smart watches. It also provides residential fixed connectivity solutions, such as internet, video, and voice services; and sells network access to mobile virtual network operators. As of December 31, 2021, it had approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. The company's Business segment provides network connectivity products, including private networking, private cloud connectivity, virtual and software defined networking, and internet access services; and internet protocol-based voice and video services, unified communications and collaboration tools, and customer contact center solutions. This segment also offers a suite of management and data security services; domestic and global voice and data solutions, such as voice calling, messaging services, conferencing, contact center solutions, and private line and data access networks; customer premises equipment; installation, maintenance, and site services; and Internet of Things products and services. As of December 31, 2021, it had approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.

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