Funding will provide small businesses with tools and education to help them reduce their carbon emissionsInitiative underscores Citizen Verizon, the company’s responsible business plan for economic, environmental and social advancementBASKING RIDGE, N.J., Sept. 24, 2020 (GLOBE NEWSWIRE) — Today, Verizon announced a $1 million grant to We Mean Business, a global coalition of nonprofit organizations working with the world’s most influential businesses to take action on climate change. The funding will help the We Mean Business coalition to provide one million small and medium sized businesses (SMEs) globally with tech-enabled carbon footprint quantification tools and the necessary education to enable a 50% reduction of their carbon emissions by 2030–with the goal to become net zero before 2050. This initiative underscores Citizen Verizon, the company’s responsible business plan for economic, environmental and social advancement.SDG4: Quality educationSDG 7: Affordable and clean energySDG 8: Decent work and economic growthSDG 13: Climate action andSDG 16: Peace, justice and strong institutions.
To learn more about how Verizon is helping to deliver on its mission to move the world forward, visit: verizon.com/citizenverizon.Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is celebrating its 20th year as one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $131.9 billion in 2019. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.About the We Mean Business coalition:
We Mean Business is a global coalition of nonprofit organizations working with the world’s most influential businesses to take action on climate change. The coalition brings together seven organizations: BSR, CDP, Ceres, The B Team, The Climate Group, The Prince of Wales’s Corporate Leaders Group and the World Business Council for Sustainable Development. Together we catalyze business action to drive policy ambition and accelerate the transition to a zero-carbon economy. Find out more at: wemeanbusinesscoaltion.org.VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at https://www.verizon.com/about/media-center. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.Media contact:
Bernadette Brijlall
[email protected]
Bay Street News
