Verizon unveils socially conscious business plan, Citizen Verizon - Business Insider

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Verizon unveils new business plan with the goal of going carbon neutral by 2035 and retraining 500,000 employees for emerging tech jobs

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Verizon announced Tuesday it's launching a new business plan called Citizen Verizon, which includes a number of socially responsible goals, like becoming carbon neutral by 2035.

Other companies like Microsoft, Amazon, and Unilever have recently shared pledges to become carbon neutral in the coming years. Verizon, one of the country's largest telecommunications providers, announced Tuesday it is launching a "responsible business plan" with the aim of achieving a range of social and environmental goals by 2030 and 2035.

Verizon's new goals are part of a larger trend in the business world toward "stakeholder capitalism," the belief that companies should be accountable to not only their shareholders, but to their workers and communities in which they do business. It's a move away from shareholder primacy — or the notion, championed by the likes of economist Milton Friedman, that a business's primary responsibility is to its shareholders.

 

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Disagree. Jobs are temporary and go away. As a youth football coaching legend, I am convinced our great football players can be happy working for Verizon as long as we go all-in on reducing CO2 usage.

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