Verizon Communications (NYSE:VZ) Developing Green Metrics

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Verizon Communications (NYSE:VZ) has developed a carbon intensity metric to help measure the impact of green initiatives. Verizon Communications (NYSE:VZ) Developing Green Metrics Verizon Communications (NYSE:VZ), the U.S. communications provider, announced that its Sustainability Office has developed its first metric to measure carbon efficiency, named 'carbon intensity metric', which will help the company to measure the effects of its environmental initiatives. Chief sustainability officer at Verizon Communications (NYSE:VZ) James Gowen said, “We developed this metric because we are a network company, and our core measure is the amount of information we transport on our network. So this ratio is closely aligned with our business and will allow us to assess how we are becoming more energy efficient even as our business expands”. Verizon Communications Inc. (NYSE:VZ) shares were at 38.27 at the end of the last day’s trading. There’s been a 5.1% movement in the stock price over the past 3 months. Verizon Communications Inc. (NYSE:VZ) Analyst Advice Consensus Opinion: Hold Mean recommendation: 2.35 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.44 Zack’s Rank: 12 out of 37 in the industry