April 05, 2020

CSRWire.com The Corporate Social Responsibility Newswire

news by category

CSR News

Verizon’s Industry-Leading Energy Program Earns National EPA/DOE Energy Star® Award

Submitted by: Verizon Communications

Categories: Environment

Posted: Mar 11, 2001 – 11:00 PM EST


Verizon Only Telecommunications Company to be Honored; Energy Efforts Have Already Saved $20 Million Annually

Mar. 11 /CSRwire/ - The U.S. Environmental Protection Agency (EPA) and Department of Energy (DOE) will give Verizon Communications the prestigious Energy Star® Award March 20, in recognition of its leadership in energy efficiency.

Verizon, which will receive the award along with 11 other major businesses, is the only telecommunications company to earn the recognition this year. The Energy Star program and annual awards are part of an overall EPA and DOE effort to promote pollution prevention through energy efficiency.

During the last several years, Verizon (and its predecessors, Bell Atlantic and GTE) have launched major efforts aimed at reducing and controlling energy costs and decreasing pollution.

The company has already achieved over $20 million in annual energy cost savings, or the equivalent of about 350 million pounds of carbon dioxide that would have been emitted into the atmosphere. Carbon dioxide is a leading contributor to global warming.

"Our goal is to continue developing, implementing and sustaining a world-class energy efficiency program," said Rod Sluyter, director of Verizon’s companywide energy team. "Our creation of a dedicated energy team and the results already achieved truly separates us from other major companies."

"Over the next ten years, Energy Star can save U.S. organizations, including businesses, schools, hospitals, and others more than $130 billion while protecting the environment. We are proud to recognize Verizon as a 2001 Energy Star award winner that is leading the way," said Kathleen Hogan, EPA director, Climate Protection Partnership Division.

Verizon has a dedicated team of employees whose sole mission is to identify and implement ways the company can conserve energy. Verizon’s annual energy bill is expected to be about $450 million this year for the company’s 15,000 buildings nationwide.

Under the Energy Star program, Verizon has conducted exhaustive energy audits of its largest buildings to determine where electrical energy use can be controlled or reduced. To date, 22 high-energy-use buildings have undergone the audit, and four have qualified for Energy Star ratings with more expected later this year. The company is expanding its efforts and will audit more buildings nationwide.

After an audit has identified areas for improvement, Verizon implements energy-conservation measures, including the addition of energy-efficient lighting, electrical motors and fans. In addition, the company’s real estate staff has implemented 14,000 separate energy conservation projects throughout the company.

"One of the important parts of our program is communicating with employees about ways each of them can help us control and reduce energy use," Sluyter said. "With their help, we’re looking for more ways to better use our precious energy resources."

Verizon Communications (NYSE:VZ) is one of the world’s leading providers of communications services. Verizon companies are the largest providers of wireline and wireless communications in the United States, with nearly 109 million access line equivalents and more than 27.5 million wireless customers. Verizon is also the world’s largest provider of print and online directory information. A Fortune 10 company with approximately 260,000 employees and more than $63 billion in annual revenues, Verizon’s global presence extends to 40 countries in the Americas, Europe, Asia and the Pacific. For more information on Verizon, visit www.verizon.com

For more information, please contact:

Mark Marchand
Phone: (518) 396-1080


Issuers of news releases and not csrwire are solely responsible for the accuracy of the content