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Communications Giant Aims for 2035 Carbon Neutrality (Ind. Report)
Verizon
Date: 2019-04-26
NYC-headquartered telecommunications giant Verizon Communications Inc. is touting it plan to achieve carbon neutrality by 2035 through a program of direct emissions reduction, the purchase of renewable energy, carbon offsets and other measures. For 2025, Verizon aims for a 50 pct carbon intensity reduction.

The company aims to neutralise its Scope 1 and Scope 2 emissions -- all direct sources of emissions owned or controlled by Verizon, the main ones being fuel to power fleet, heat buildings and power back-up generators. Scope 2 concerns indirect emissions sources generated off-site but purchased by Verizon.

As previously reported, in February, Verizon launched a $1-billion green bond to fund both new and existing environmentally friendly investments. (Source: Verizon, Renewables, 24 April, 2019) Contact: Verizon, Jim Gowen, Chief Sustainability Officer, www.linkedin.com/in/james-gowen-6b4619143, www.verizon.com

More Low-Carbon Energy News Verizon,  Carbon Emissions,  Carbon Neutral,  


$1Bn Green Bond to Fund Verizon Energy Efficiency (Ind. Report)
Verizon
Date: 2019-02-13
NYC-headquartered telecommunications giant Verizon Communications Inc. is reporting the issuance of $1 billion in green bonds , the proceeds of which will fund various sustainability initiatives including green buildings, energy efficiency, and other initiatives over a ten year period.

Verizon recently implemented several strategies to increase energy efficiency in its larger wireless core data centers, including uninterruptible power supplies, high-efficiency motors, and whole-building control systems. The move is in keeping with the company's goal of sourcing 50 pct -- about 2,000 MW -- of its electric power usage from renewable generation by 2025. (Source: Verizon, Fierce Telecom, 11 Feb., 2019) Contact: Verizon, Jim Gowen, Chief Sustainability Officer, www.linkedin.com/in/james-gowen-6b4619143, www.verizon.com

More Low-Carbon Energy News Verizon,  Green Bond,  Energy Efficiency,  


$1Bn Green Bond to Fund Verizon Energy Efficiency, Green Building Initiatives (Ind. Report)
Verizon
Date: 2019-02-11
Verizon is reporting the issuance of $1 billion in green bonds, the proceeds from which will fund various sustainability initiatives including renewable energy, green buildings, energy efficiency, and other initiatives over a ten year period.

Additionally, the company recently implemented strategies to increase energy efficiency in its larger wireless core data centers, including uninterruptible power supplies, high-efficiency motors, and whole-building control systems. The move is in keeping with the company's recently announced goal sourcing 50 pct -- about 2,000 MW -- of its electric power consumption from renewable generation by 2025. (Source: Verizon, Fierce Telecom, 11 Feb., 2019) Contact: Verizon, Jim Gowen, Chief Sustainability Officer, www.verizon.com/about/our-company/verizon-corporate-headquarters

More Low-Carbon Energy News Green Bond,  Energy Efficiency,  Verizon,  Green Building,  

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