Verizon Climate Resilience Prize winners receive $500k to scale climate solutions

Verizon has announced the three winners of its inaugural Climate Resilience Prize at the GreenBiz22 conference, awarding a prize pool of $500,000 to help scale proven, in-market solutions that are focused on mitigating the disproportionate impacts of climate change in vulnerable communities. In partnership with GreenBiz and the Adrienne Arsht-Rockefeller Climate Resilience Center, Verizon’s Climate Resilience Prize recognizes next-gen solutions that have already demonstrated results in real-world application and are ready to scale. The Prize was announced at GreenBiz’s VERGE 21 Conference in October, and applications were evaluated by a…

Read More

New Renewable Energy Deals Position Verizon to Achieve Key Energy Goal

Verizon continues to be a leading corporate buyer of U.S. renewable energy, announcing seven new Renewable Energy Purchase Agreements (REPAs) for an aggregate of approximately 910 megawatts (MW) of projected renewable energy capacity. These agreements position the company to achieve its goal to source or generate renewable energy equivalent to 50 percent of its total annual electrical consumption by 2025, and help support Citizen Verizon, the company’s responsible business plan for economic, environmental, and social advancement. The seven new agreements bring the cumulative number of REPAs, signed since December 2019,…

Read More

Clinton Foundation and Verizon Partner to Promote Student Social Impact Innovation

The Clinton Foundation and Verizon announced a new partnership to help college students develop leadership skills and to inspire them to create innovative, high-quality social impact projects. Through the Clinton Global Initiative University (CGI U) program, Verizon will help college students develop solutions that address social issues with the support of specialized curriculum and programming, as well as access to experts in technology and innovation. These resources will be available to all CGI U students for one year and have a specific focus on engaging students at Historically Black Colleges…

Read More

Verizon closes on U.S. telecom industry’s first Green Bond to fund environmental initiatives

Verizon Communications Inc. has announced the close of the U.S. telecommunications industry’s first Green Bond. An amount equal to the net proceeds of the $1 billion offering will be used to fund a variety of new and existing green investments made during the two years prior to the issuance of the Green Bond through the maturity of the Green Bond. A majority of the funds are anticipated to be allocated within three years, supporting Verizon’s long-term commitment to minimize its environmental impact, drive operating efficiencies and benefit the communities it…

Read More

Green America and T-Mobile Push AT&T and Verizon to Match T-Mobile’s 100% Renewable Energy Commitment

Green America congratulated T-Mobile today on being the first telecom company in the U.S. to adopt the RE100 pledge, the company’s commitment to move to 100 percent renewable energy by 2021.  T-Mobile is the first of the big four telecom companies in the United States to make such a pledge. Green America’s “Hang Up on Fossil Fuels” campaign, which started in 2017, focuses attention on the enormous amount energy used by the telecom sector and the fact that the biggest companies get the vast majority of their energy from fossil…

Read More