VZ - Verizon Joins RE100 and Shares New Milestones in its Responsible Business Plan | Benzinga
NEW YORK, March 28, 2024 (GLOBE NEWSWIRE) -- Today, Verizon announced it has joined RE100, a global initiative bringing together the world's most influential businesses committed to 100% renewable electricity. Led by the Climate Group and in partnership with CDP, RE100's mission is to accelerate change towards zero carbon grids at scale, an objective that Verizon is proud to support. As previously announced, Verizon aims to source renewable energy equivalent to 100% of its annual electricity usage by 2030, with an interim target of 50% by 2025.
"As a core part of our business, Verizon looks to benefit the communities where we operate, identify ways to be stronger and more resilient and create long-term, measurable value for our shareholders, customers, employees and society alike," said James Gowen, Senior Vice President, Global Supply Chain & Sourcing, and Chief Sustainability Officer at Verizon. "Joining this global initiative further underscores Verizon's dedication to reducing our carbon footprint and transitioning to renewable energy to help protect the planet for ...