Veritas Technologies has been honored with the 2024 Value Chain Leadership Award by The Climate Registry. This award recognizes Veritas for its outstanding commitment, initiatives, performance, and results in addressing scope 3 emissions.
Scope 3 emissions are defined as the result of activities from assets not owned or controlled by the reporting organization, but that the organization indirectly affects in both its upstream and downstream value chain.
“Critical to this award was contracting with a new freight carrier, and as part of this RFP, environmental and corporate responsibility criteria carried a 20% scorecard weighting,” said, Conor Nolan, Sr. Director, Product Operations, Veritas International.
The company also established an innovative asset disposition program that helped its value chain save 8 million kilograms of CO2 emissions, 4 billion liters of water and 52 million metric tons of earth.
Rags Srinivasan, chief sustainability officer at Veritas, said, “We’re honored to receive The Climate Registry’s Value Chain Leadership Award and be part of a group of organizations leading change to reduce the impact of the climate crisis. Our dedication to sustainability extends beyond words—it’s about actively listening to our customers’ sustainability goals, being meticulous in how we pick and work with our suppliers and building cyber resiliency appliances that not only protect against ransomware attacks but are designed with energy efficiency in mind. Our dedicated team is advancing sustainability at Veritas every day.”
Amy Holm, executive director at The Climate Registry, said, “Congratulations to 2024 Climate Leadership Award winner Veritas Technologies for its stand-out achievements. At a time when the world urgently needs more climate ambition, these organizations and individuals demonstrate what is possible.”