Aligning our goals and progress with the United Nations Sustainable Development Goals (SDGs)

Dad and Girl

Our technology has the power to enable the innovation needed to achieve the UN SDGs.

Indeed, “digital technologies will, on average, help accelerate progress by 22% and mitigate downward trends by 23%,” according to Digital with Purpose, a report issued in 2019 by the Global Enabling Sustainability Initiative (GeSI). Verizon’s Chief Sustainability Officer currently serves as GeSI’s chair and is engaged with this global organization of information and communications technology companies focused on integrating social and environmental sustainability into our sector.

Our role as a leading technology company makes it incumbent on us to use our scale and innovation to help make progress toward these goals. In 2019, we completed an analysis of the 17 SDGs and 169 targets as they relate to Verizon’s business and resources and identified the SDGs where Verizon can make a unique and significant impact:

  • SDG 4: Quality education
  • SDG 7: Affordable and clean energy
  • SDG 8: Decent work and economic growth
  • SDG 13: Climate action
  • SDG 16: Peace, justice and strong institutions

Specifically, we are working to address:

SDG

Target

Verizon’s impact

SDG UN SDG 4: Quality Education Target

Target 4.4:
By 2030, substantially increase the number of youth and adults who have relevant skills, including technical and vocational skills, for employment, decent jobs and entrepreneurship.

Verizon’s impact

Verizon Innovative Learning
Verizon’s education initiative, Verizon Innovative Learning, provides students with free technology, free internet access and technology-driven curriculum to transform the learning experience.

Goals:

  • Reach 350 underserved middle schools by 2021.
  • Bring 5G to 100 underserved middle schools by 2021.
SDG UN SDG 7: Affordable and Clean Energy Target

Target 7.2:
By 2030, increase substantially the share of renewable energy in the global energy mix.

Verizon’s impact

(7.2)
Verizon is supporting the transition to a greener grid by making substantial investments in renewable energy.

Goal:
Source or generate renewable energy equivalent to 50% of our total annual electricity consumption by 2025.

Target

Target 7.3:
By 2030, double the global rate of improvement in energy efficiency.

Verizon's impact

(7.3)
Verizon is actively working to improve the energy efficiency of our operations, including our global network.

Goal:
Be carbon neutral in our operations (Scope 1 and 2) by 2035.

SDG UN SDG 8: Decent Work and Economic Growth Target

Target 8.4:
Improve progressively, through 2030, global resource efficiency in consumption and production and endeavor to decouple economic growth from environmental degradation, in accordance with the 10-year framework of programs on sustainable consumption and production, with developed countries taking the lead.

Verizon's impact

Carbon abatement
Our connected solutions help our customers save energy and reduce their carbon emissions.

Goal:
By 2022, Verizon’s networks and connected solutions will save more than double the amount of global emissions that our operations create.

Additionally, Verizon has committed to setting an approved science-based emissions reduction target by September 2021.

SDG UN SDG 13 Climate Action Target

Target 13.1:
Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries.

Verizon's impact

(13.1) Network resilience
Verizon takes a multifaceted approach to preparing for, and responding to, climate-related hazards and natural disasters. We are continually strengthening the resilience of our networks to enable communities affected by disasters to have access to the networks when they need it the most. Please see Verizon’s 2019 TCFD Report.

Target

Target 13.3:
Improve education, awareness-raising and human and institutional capacity on climate change mitigation, adaptation, impact reduction and early warning.

Verizon's impact

(13.3)
The Verizon Green Team is a grassroots collective of employees dedicated to environmental stewardship. The Green Team raises awareness of climate-related issues and provides both educational and volunteer opportunities.

Goal:
30% of Verizon employees will be Green Team members by 2025.

SDG

Verizon’s impact

SDG UN SDG 16 Peace, Justice and Strong Institutions Verizon's impact Civil, political and digital rights:

Verizon supports peace, justice and strong institutions through our core business strategy and through our commitment to operating with respect for human rights.

Verizon has developed strong policies, processes and systems to address corruption and bribery by employees, suppliers and third-party agents.

We’ve established a Business & Human Rights Program that aims to identify and address the human rights impacts of our core business strategy, operations, products and services. The work of our Program is guided by the UN Guiding Principles on Business and Human Rights. Through this work and our related stakeholder engagement efforts we aim to promote inclusive societies where the rights of all people are respected and where rule of law is observed.

Additionally, Verizon has been a vocal public advocate for criminal justice reform and the Deferred Action for Childhood Arrivals immigration program. Our global pro bono legal program, established a decade ago, promotes access to justice by enabling our volunteers to provide free legal services to returning veterans, survivors of domestic violence, refugees and many others.