Union Pacific Corp

"The text does not provide specific information on the net zero target of the company Union Pacific Corp. Net Zero Tracker"

Current Score (vs. LY)

56.6 pts (5.0)

Last Update: Dec. 12, 2023

Current Rankings

Global: #49

S&P100: #32

Industrials: #4

76.7%

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

46.4%

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

50.0%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 9,236,7508,896,94610,184,713
Scope 2 - location-based 229,081241,805315,994
Scope 2 - market-based NANANA
Scope 1-2 - location-based 9,465,8319,138,75110,500,707
Scope 1-2 - market-based NA NA NA
Scope 3 3,580,8273,558,4804,089,614
Total - location-based 13,046,65812,697,23114,590,321
Total - market-based NA NA NA

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 42,225,018126,298,044
Methodology Pre-calculated sector intensity (revenue)Pre-calculated sector intensity (revenue)

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)



Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Union Pacific Corp belongs to the sector Industrials.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

Scope Reduction Objectives Base Year Target Year Comments
S1S2MKT 26.0 2018 2030

Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Zero Future Commitments

Scope Scope 3 Coverage Target Year Comments
S1S2S3MKT FULL 2050

Science-based Targets (SBTI)

Date Published / Updated :01/03/2020

Near-term Long-Term Net Zero Standard
Targets Set : Well-below 2°C by 2030 No target No

Union Pacific Railroad commits to reduce absolute scope 1 and 2 GHG emissions and GHG emissions on a well-to-wheel basis from locomotive operations 26% by 2030 from a 2018 base year.*The target boundary includes biogenic emissions and removals from bioenergy feedstocks.

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Union Pacific by zerotracker.net: Sept. 4, 2024
Planning to use external offset credits Not Specified
Separate targets for emission reductions and removals No
Conditions on use of offset credits None
Plans for carbon dioxide removal (CDR) Yes (nature-based removals e.g. Forestation, soil carbon enhancement)

Additional notes: Nature-based: 'We also are exploring nature-based solutions to prepare for our goals beyond 2030 and to address any residual emissions after our initial carbon reduction efforts. Nature-based solutions aren’t just offsets. They involve protection, restoration and/or management of natural and semi-natural land and aquatic ecosystems. These include intact forests or working lands, such as croplands or timberlands. Ecosystem services and biodiversity are of critical importance, and we believe that these projects should be designed and implemented with engagement of local communities and Indigenous Peoples.' (p14)

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points) 		Max
(points) 		Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 10.0 10.0 0.0
2 Scope 3 emissions are fully reported and externally-verified 5.0 10.0 0.0
3 CDP score demonstrates the level of transparent disclosures 8.0 10.0 0.0
Transparency 23.0 30.0 0.0
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 10.0 10.0 0.0
5 Net Zero targets demonstrate a high-level of emergency 0.0 10.0 0.0
6 Emission reduction targets on a forward-looking basis are ambitious 1.0515485785945633 10.0 0.0
7 Targets are science-based as validated by SBTi 7.5 10.0 0.0
Commitments 18.551548578594563 40.0 0.0
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 5.0 10.0 0.0
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
10 Implied Temperature Rating by MSCi 10.0 10.0 5.0
Results 15.0 30.0 5.0
Total 56.6 100.0 5.0


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? yes 5.0 / 5.0 5.0 0.0 5.0
Are S1+S2 figures verified by a 3rd-party for the last reporting year? yes 5.0/ 5.0 5.0 0.0 0.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? partly 2.5 / 5.0 2.5 0.0 2.5
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? partly 2.5 / 5.0 2.5 0.0 2.5
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? B 8.0 / 10.0 8.0 0.0 8.0
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? yes 3.0 / 3.0 3.0 0.0 3.0
Does the net zero target include an intermediate target by 2030? 2030 3.0 / 3.0 3.0 0.0 3.0
Does the net zero target include all the emissions? yes 4.0 / 4.0 4.0 0.0 4.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? 2050 0.0 / 5.0 0.0 0.0 0.0
Target year for achieving net zero emissions for S1+S2+S3 combined? 2050 0.0 / 5.0 0.0 0.0 0.0
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2? 1.1
1.1 / 5.0 1.1 0.0 1.3
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set Well-below 2°C 7.5 / 10.0 7.5 0.0 7.5
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %): 6.5
Actual (in %): 18.3
5.0 / 5.0 5.0 0.0 5.0
Momentum: last year % reduction vs. forward-looking target Objective (in %): 1.1
Actual (in %): -3.8
0.0 / 5.0 0.0 0.0 5.0
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 1.5°C 10.0 / 10.0 5.0 5.0 2.5
Total 56.6 / 100.0 51.6 5.0 49.3


Available Data Sources

Reporting Year 2021 2021 2020 2020 2020 2019 2019 2019 2019 2018 2018
Source Public Yourstake Public Public CDP Public CDP Public CDP Public Public
Publication Year 2022 unknown 2022 2022 2021 2022 2021 2021 2020 2022 2021
Scope 1 9,236,750 9,236,750 8,896,946 8,979,288 8,979,288 10,184,713 10,184,712 9,688,964 10,066,595 11,300,797 10,874,731
Scope 2 - location-based 229,081 NA 241,805 301,504 301,504 315,994 315,994 726,505 344,024 368,943 885,635
Scope 2 - market-based NA 229,081 NA 301,504 308,713 NA 314,075 0 314,075 NA 0
Scope 1-2 - location-based 9,465,831 9,236,750 9,138,751 9,280,792 9,280,792 10,500,707 10,500,706 10,415,469 10,410,619 11,669,740 11,760,366
Scope 1-2 - market-based NA 9,465,831 NA 9,280,792 9,288,001 NA 10,498,787 NA 10,380,670 NA NA
Scope 3 3,580,827 3,580,827 3,558,480 3,585,177 3,843,273 4,089,614 0 15,495 3,175,420 5,804,982 17,138
Total - location-based 13,046,658 12,817,577 12,697,231 12,865,969 13,124,065 14,590,321 10,500,706 10,430,964 13,586,039 17,474,722 11,777,504
Total - market-based NA 13,046,658 NA 12,865,969 9,895,924 NA 10,498,787 NA 11,069,387 NA NA

Sources

Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

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