Verizon Provides Powerful Answers to Address Challenges in Healthcare, Education and Sustainability

    Verizon Provides Powerful Answers to Address Challenges in Healthcare,
                         Education and Sustainability

Verizon's New Annual Report of Financial and Corporate Responsibility
Performance Outlines Progress in 'Shared Success' Initiatives

PR Newswire

NEW YORK, March 21, 2013

NEW YORK, March 21, 2013 /PRNewswire/ --Verizon has released its 2012 annual
report of financial and corporate responsibility performance, showcasing solid
progress in delivering powerful answers in the areas of healthcare, education
and energy management.

Among report highlights: Verizon enabled new growth in markets such as
healthcare; strategically refocused the Verizon Foundation as an incubator for
innovation and social change; and is ahead of its commitment to halve its
carbon intensity by 2020. An interactive version of the full report is posted

(NOTE: Verizon Corporate Responsibility Senior Vice President Kathryn C. Brown
and Chief Sustainability Officer James Gowen will discuss Verizon's corporate
responsibility progress at a CSRWire webinar on April 3 from noon-1 p.m.
Eastern Time. Details can be found at

"At the core of our growth strategy is our commitment to using our technology
to address the world's biggest challenges," wrote Chairman and CEO Lowell
McAdam in a shareowner letter in the report. "We call this strategy 'Shared
Success,' an integrated approach to growth that drives both our business
development and corporate responsibility efforts."

The annual report also notes that Shared Success opens new markets for
Verizon, provides long-term value for shareowners and helps solve community

Strategic Philanthropy

Last year the Verizon Foundation refocused its strategy to become a channel
for social innovation by combining Verizon's advanced technology with its
philanthropic resources to address challenges in education, healthcare and
energy management.

The Verizon Foundation is collaborating with leading nonprofit organizations
to apply the company's sophisticated technology and expertise to real-world
settings and accelerate positive social change, faster and easier. This is
especially true in underserved communities, which might experience the most
benefit and rapid improvement from the adoption of Verizon's newest

For example, the Verizon Foundation is partnering with the Children's Health
Fund to equip mobile pediatric medical units in several key cities with
Verizon network access and health-information solutions that enable the next
generation of healthcare. As a technology incubator, the Verizon Foundation
will track and measure outcomes and improvements at every stage, gaining
insights on how to best integrate technology into solving social problems.

Preparing Today's Students for Tomorrow's Workplace

Verizon is using mobile and broadband technology to create innovative
solutions that improve the way teachers teachand students learn in America.
In 2012, the Verizon Innovative Learning School program was launched in 12
underserved schools across America. The program, led by the International
Society for Technology in Education, ensures that teachers receive extensive
training on innovative ways of using technology in the classroom to help
increase student engagement and achievement in STEM subjects (science,
technology, engineering and math).

Commitment to Sustainability

By the end of 2012, Verizon reduced its carbon intensity by 37 percent from
the baseline set in 2009 – placing the company ahead of schedule to meets
itsgoal of a50 percent reduction by 2020. Carbon intensity – the amount of
energy needed to move data across Verizon's network – is a measurement of
energy efficiency. It is improved by moving more data with the same unit of
energy. In addition, the company set five new sustainability goals, including
a supply chain goal to direct 40 percent of supplier spending to companies
that measure and set targets to reduce their carbon emissions by 2015.

For more information about how Verizon is growing its business by applying
innovative technologies to solve important social issues, visit

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is
a global leader in delivering broadband and other wireless and wireline
communications services to consumer, business, government and wholesale
customers. Verizon Wireless operates America's most reliable wireless
network, with more than 98 million retail connections nationwide. Verizon
also provides converged communications, information and entertainment services
over America's most advanced fiber-optic network, and delivers integrated
business solutions to customers in more than 150 countries, including all of
the Fortune 500. A Dow 30 company with nearly $116 billion in 2012 revenues,
Verizon employs a diverse workforce of 183,400. For more information, visit

VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and
biographies, media contacts, high-quality video and images, and other
information are available at Verizon's online News Center at To receive news releases by email, visit the News
Center and register for customized automatic delivery of Verizon news

SOURCE Verizon

Contact: John Columbus, +1-908-559-5993,, or Ellen
Yu, +1-908-559-2818,
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