NEW YORK - Verizon Communications, a leading provider of broadband and innovative communications, will be inducted into the U. S. Environmental Protection Agency's WasteWise Hall of Fame on Nov. 14 in Washington, D.C. Over the years, Verizon has earned nine WasteWise Awards from the EPA for the company's successful waste-prevention and recycling programs.
WasteWise is a free, voluntary EPA program through which organizations eliminate costly municipal solid waste and select industrial wastes, benefiting their bottom line and the environment. Verizon has been a charter partner since 1994.
Verizon's waste-prevention and recycling efforts have helped the company realize more than $10 million in waste prevention revenue and more that $21 million in total recycling revenue. Verizon has also avoided approximately $16 million in purchasing costs due to its waste prevention efforts.
"We're honored to be inducted into the WasteWise Hall of Fame," said Dan Mead, president of Verizon Services Corp., which oversees many of the conservation efforts as part of managing real estate, supply chain and financial operations services across Verizon's three business groups. "Conservation is good business. We are increasingly committed to bringing the innovative spirit and ingenuity that serves our customers to finding new and better ways to help Verizon operate greener," Mead said.
Combined with Verizon's energy conservation program, these efforts result in reducing the amount of greenhouse-gas emissions by approximately 334,000 metric tons every year, which is about equivalent to 72,294 passenger cars not driven for one year or the annual power consumption of 42,875 households.
Some of Verizon's conservation and recycling programs include:
Hopeline®: Verizon Wireless encourages consumers to recycle no-longer-used wireless phones and batteries by dropping them off at any Verizon Wireless Communications store. In 2006 alone, the program collected more than 900,000 no-longer-used wireless phones and accessories and 60,000 pounds of rechargeable batteries, enabling more than $1.3 million in donations to local domestic violence agencies.
Paper-Free Billing: Verizon processed about 70 million consumer bills online in 2006, sparing approximately 6,000 trees. Verizon Business, which delivers advanced communications and information technology (IT) solutions to large businesses and government agencies, this year began a program that will have a tree planted for every customer that registers to conveniently view and pay bills online.
Micro turbine engines: In two California central offices, Verizon is using micro turbines fired by natural gas to generate electricity. The turbines provide approximately 50 percent of the electricity required in each central office, reducing carbon dioxide emissions by an equivalent of taking 800 passenger cars off the road for one year.
To reduce the consumption of electricity, Verizon is powering down and removing obsolete network equipment in more than 400 facilities nationwide. This has cut consumption by 24 million kilowatt hours and has reduced carbon dioxide emissions -- a major greenhouse-gas contributor -- by 17,900 metric tons in 2006 alone. That's equivalent to the annual emissions generated by the electricity used in approximately 2,300 households.
Verizon Communications Inc. (NYSE:VZ), headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving more than 62 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon has a diverse workforce of more than 238,000 and last year generated consolidated operating revenues of more than $88 billion. For more information, visit www.verizon.com.