Veritiv Corporation.
VRTV.US | Non-specialized wholesale trade
Veritiv Corporation is a business-to-business distributor of printing papers, packaging, facility solutions, and visual communications products and services. The company operates through three segments: Print, Packaging, and Facility Solutions. The Print segment offers commercial printing, publishin...Show More
Better Health for All
0
Veritiv Corporation's core business as a B2B distributor of printing papers, packaging, facility solutions, and visual communications products does not directly involve health-related products or services. The company's 2024 Corporate Social Responsibility Report explicitly states that many health-related KPIs are not applicable to its operations, indicating that its products and services have no significant positive or negative health impact.
1
There is no evidence of revenue from products with negative health outcomes, nor is there a focus on health-related innovation, preventative health measures for the public, or healthcare workforce support. The company does not offer health-related products requiring price accessibility or collect health-related data. Furthermore, there is no evidence of engagement in pharmaceutical patents, food production, clinical trials, or addiction mitigation. Information regarding workplace safety, environmental impact, general community support, and internal diversity initiatives falls outside the scope of the 'Better Health for All' value.
Fair Money & Economic Opportunity
0
Veritiv Corporation operates as a business-to-business distributor of products and services, not a financial institution. Consequently, the company does not offer consumer lending, deposit, or other financial services. As such, KPIs related to customer financial products and services, including underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives (loan/insurance book), financial data accessibility, fair lending compliance, customer wealth building outcomes, debt burden ratio, geographic inclusion (financial access points), and financial product simplicity, are not applicable to its core business model. While Veritiv engages in community support and offers employee benefits, these do not align with the specific financial service metrics of this value. The company's financial literacy initiatives, where employees coached 2,800 students in managing personal finances, cannot be scored against the rubric's percentage-based reach thresholds for financial services customers.
1
Fair Pay & Worker Respect
20
Veritiv's 2024 Total Injury Rate (TIR) for U.S. and Mexico operations was 0.63.
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The company's voluntary turnover rate across all locations and functions for 2024 was 10.9%.
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In 2024, 8% of the workforce was covered by collective bargaining agreements.
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The 2024 Employee Engagement Survey reported an Overall Engagement Score of 72%.
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Veritiv directly employs over 94% of its workforce.
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Fair Trade & Ethical Sourcing
-30
Veritiv reported no forced or child labor incidents in the previous fiscal year.
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The company monitors supplier compliance with its Supplier Code of Conduct and requires suppliers to certify compliance with human trafficking and slavery laws.
2
In 2024, Veritiv sourced 2.8% of its total U.S. spend from diverse suppliers.
3
Quantitative data for fair trade certifications, audit frequency, traceability coverage, remediation speed, ethical clause coverage, and materials risk index were not provided in the reports.
4
Honest & Fair Business
-20
Veritiv Operating Company incurred a $154,922 penalty in 2023 for a labor relations violation.
1
The company received an EcoVadis Bronze Medal with a score of 57.
2
Veritiv maintains a comprehensive whistleblower policy, including a 24/7 confidential helpline available in multiple languages, a global reporting website, and a strict non-retaliation clause for good-faith reports from employees and suppliers.
3
The company has a comprehensive anti-corruption policy that explicitly prohibits bribery and corruption in any form, requires compliance with laws like the United States Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and includes an anti-bribery compliance training module for employees.
4
Kind to Animals
0
No data relevant to the 'Kind to Animals' ethical value was found in the provided article for Veritiv Corporation.
1
The article focuses on corporate structure, operations, and CSR report availability, lacking any specifics on animal welfare, testing, or sourcing practices.
2
No War, No Weapons
-10
Veritiv Corporation's core business is in printing papers, packaging, facility solutions, and visual communications, with no evidence of revenue from arms or defense contracts, nor development or sale of dual-use technologies. The company explicitly states it does not lobby or make political contributions.
1
Its Human Rights Policy Statement seeks to ensure operations align with the UN Guiding Principles on Business and Human Rights
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, and its Supplier Code of Conduct commits to the Ten Principles of the UN Global Compact.
3
Planet-Friendly Business
-30
Veritiv's total Scope 1 and 2 greenhouse gas emissions were 53,191 tCO2e in 2022, representing an estimated 17.6% annual decline from its 2020 baseline of 78,127 tCO2e.
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The company aims to be carbon neutral for Scope 1 and 2 emissions by 2030, with a goal to reduce overall GHG emissions by 50% by 2030 from a 2020 baseline.
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However, these targets are not explicitly stated as SBTi-validated.
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In 2022, Veritiv diverted 32% of its waste from landfills.
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The company's water usage was approximately 11.40 m³ per $1 million in revenue in 2022.
Respect for Cultures & Communities
30
Veritiv Corporation engages 208 minority-owned suppliers.
1
The company maintains 14 formal partnership agreements with various community and environmental groups, including the American Red Cross, Junior Achievement, Boys & Girls Clubs of America, and Trees Atlanta.
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Its confidential helpline is available 24/7 in all local languages (US, Mexico, China) and online, demonstrating strong language inclusivity in its communications.
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No cultural appropriation incidents have been reported.
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Free, Prior, and Informed Consent (FPIC) processes are not applicable to the company's operations.
5
Safe & Smart Tech
0
No specific data relevant to any of the Safe & Smart Tech KPIs is available in the provided articles. One article indicates ongoing security monitoring but lacks details on incidents, breaches, or compliance.
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The other article points to a HackerOne page for the company, but its content is inaccessible, preventing any assessment of a vulnerability disclosure program.
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Zero Waste & Sustainable Products
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No specific regulatory actions, violations, fines, or compliance issues related to waste disposal are mentioned. While the company achieved an EcoVadis score of 73, placing it in the 93rd percentile globally
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, and offers over 43,000 products with sustainable attributes
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, these general sustainability metrics do not provide specific quantitative data for other waste-related KPIs.