Approach Governance Environmental Social Appendix
Verizon 2022 ESG Report
Our UN SDG-aligned goals and progress
UN SDG targets Verizon goals Progress
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
• By 2030, provide 10 million youths
with digital skills training
• By 2030, prepare 500,000
individuals for jobs of the future
• Over 3.1 million youths provided with
digital skills training
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• Over 21,000 individuals prepared for
jobs of the future
7.2: By 2030, increase substantially the share
of renewable energy in the global energy mix
7.3: By 2030, double the global rate of
improvement in energy efficiency
• By 2030, source renewable energy
equivalent to 100% of our total annual
electricity consumption
• Achieve net zero emissions in our
operations (scope 1 and 2) by 2035
• Approximately 3.3 GW of anticipated
renewable energy capacity under
contract
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• 19% reduction (market-based) in 2021
over a 2019 baseline
8.3: Promote development-oriented policies
that support productive activities, decent job
creation, entrepreneurship, creativity and
innovation, and encourage the formalization
and growth of micro-, small- and medium-
sized enterprises, including through access to
financial services
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 programmes on sustainable
consumption and production, with developed
countries taking the lead
8.5: By 2030, achieve full and productive
employment and decent work for all women
and men, including for young people and
persons with disabilities, and equal pay for
work of equal value
• By 2030, provide 1 million small
businesses with resources to help
them thrive in the digital economy
• By 2030, expect to enable the
avoidance of 20 million metric tons of
CO
2
e annually with Verizon solutions
• Annually, have 100% pay equity in
salary for women and men globally, as
well as with respect to race and
ethnicity in the U.S.
• Over 142,000 small businesses
provided with resources to thrive in
the digital economy
• Over 15.2 million metric tons of CO
2
e
avoided in 2022
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• In 2022, across all of Verizon, we had
100% pay equity in salary for women
and men. In the U.S., we also had 100%
pay equity in salary with respect to
race and ethnicity
13.2: Integrate climate change into national
policies, strategies and planning
13.3: Improve education, awareness-raising
and human and institutional capacity on
climate change mitigation, adaptation, impact
reduction and early warning
• By 2030, reduce Verizon’s absolute
scope 1 and 2 emissions 53% over a
2019 baseline
• By 2035, reduce Verizon’s absolute
scope 3 emissions 40% over a 2019
baseline
• By the end of 2026, enroll 50% of
Verizon’s workforce as Green Team
members
• 19% reduction (market-based) in 2021
over a 2019 baseline
• 10% reduction in 2021 over a 2019
baseline
• 49% of employees are Green Team
members
15.1: By 2020, ensure the conservation,
restoration and sustainable use of terrestrial
and inland freshwater ecosystems and their
services, in particular forests, wetlands,
mountains and drylands, in line with
obligations under international agreements
• By the end of 2030, sponsor the
planting of 20 million trees globally
• Nearly 14 million trees planted since
2009
We are aiming to promote inclusive societies where the rights of all people are respected and where rule of law is observed,
through our corporate actions, policy development, donations and employee volunteering. We have taken steps to identify
and manage our human rights impacts; established comprehensive policies, processes and systems to address corruption
and bribery; and through our advocacy, volunteering and financial donations supported issues including criminal justice
reform and efforts to fight online child exploitation.
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