10:32 AM EDT, 03/28/2024 (MT Newswires) -- Verizon Communications ( VZ ) said Thursday it joined RE100, a global corporate renewable energy initiative, to support its goal to source all electricity from renewable sources by 2030, with a midpoint target of 50% by 2025.

The company said that as of year-end 2022, Verizon achieved a 23% reduction in scope 1 and 2 emissions and a 15% reduction in scope 3 emissions over a 2019 baseline. As of year-end 2023, Verizon products supported the avoidance of more than 93 million metric tons of carbon dioxide equivalents since 2018, the company said.

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