Success Stories - Telecommunications
Verizon Communications Inc. - NY
As one of the nations leading communications companies, Verizon Communications Inc. (including Verizon Business, Verizon Telecom and Verizon Wireless) continually strives to reach its waste prevention, recycling and procurement program goals to reduce its environmental footprint. Verizon has won nine WasteWise awards since it became a charter partner in 1994.
With the support of its environmental operations, Verizon has implemented several non-hazardous waste prevention, recycling and green purchasing efforts, such as the Verizon Wireless HopeLine (HopeLine), which was started in 2001.
In 2006, Verizon Wireless collected, refurbished and resold a total of 660,000 used cell phones. Selling the refurbished phones enabled HopeLine to donate $1.3 million to nearly 300 local domestic violence prevention and awareness organizations in 2006.
Verizon also developed its Investment Recovery organization to identify material that can no longer be used for its intended purpose, and encourages its customers to reduce the use of paper by providing an online bill service. Due to these successful programs, Verizon has earned over $10,000,000 in waste prevention and over $21,000,000 in total recycling revenue. The communications company has also avoided approximately $16,000,000 in purchasing costs due to its waste prevention efforts.