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Will Verizon Go Carbon Neutral By 2035?

By John F. Heerdink, Jr.

As per reports, Verizon Communications, Inc. (VZ) CEO, Hans Vestberg confirmed Verizon’s commitment to be carbon neutral in its operations by 2035 making it the first U.S. telecommunications company to issue a green bond, with funds from the $1B bond targeting renewable energy, green buildings, sustainable water management, and biodiversity and conservation. Vestberg was part of the world leaders this week at the 50th World Economic Forum Annual Meeting in Davos, Switzerland. Verizon plans to reduce emissions and invest in renewable energy and carbon offsets. Verizon to set a Science-Based emissions reduction Target (SBT) by September 2021 to further its commitment to emissions reductions in line with the Paris Agreement.

Verizon Communications, Inc. (VZ) is a worldwide leader in delivering communications and technology solutions that improve the lives of its customers. To learn more about Verizon Communications, Inc. (VZ) and to track its progress please visit the Vista Partners Verizon Communications Inc. Coverage Page

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: Verizon reaffirms commitment to be carbon neutral by 2035 in GlobeNewswire)


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