United Parcel Service

"United Parcel Service (UPS) has set a net zero target of achieving carbon neutrality by 2050. Net Zero Tracker
This target covers scope 1 (direct), 2 (power-related), and 3 (indirect) emissions, but does not cover historical emissions. Net Zero Tracker
An interesting fact about their environmental policy is that they have also set interim targets for 2035, aiming to reduce carbon emissions per package delivered from their global small package operations by 50% against a 2020 baseline. Net Zero Tracker
However, UPS does not have a publicly available plan that outlines steps towards achieving these targets. Net Zero Tracker
In …"

Current Score (vs. LY)

53.5 pts (10.0)

Last Update: Dec. 12, 2023

Current Rankings

Global: #58

S&P100: #40

Industrials: #6

86.7%

Transparency

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

50.0%

Commitments

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

25.0%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 15,668,00015,088,00014,223,000
Scope 2 - location-based 676,000775,000754,000
Scope 2 - market-based 654,000728,000731,000
Scope 1-2 - location-based 16,344,00015,863,00014,977,000
Scope 1-2 - market-based 16,322,000 15,816,000 14,954,000
Scope 3 19,486,00018,595,00021,008,000
Total - location-based 35,830,00034,458,00035,985,000
Total - market-based 35,808,000 34,411,000 33,142,000

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 36,850,55835,808,000
Methodology Previous year intensity (revenue)As reported

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our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated.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.

United Parcel Service 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

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


Net Absolute Emission Reductions

Scope Reduction Objectives Base Year Target Year Comments
S1S2S3MKT 100.0 2020 2050

Net Zero Future Commitments

Scope Scope 3 Coverage Target Year Comments
S1S2S3LOC FULL 2050

Science-based Targets (SBTI)

Date Published / Updated :01/09/2022

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by 2030 No target No

This target was approved using a streamlined target validation route exclusive to small and medium-sized enterprises (SMEs). https://sciencebasedtargets.org/faqs-for-smes/ Upswing Solutions Inc. commits to reduce scope 1 and scope 2 GHG emissions 38% by 2030 from a 2021 base year, and to measure and reduce its scope 3 emissions.

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 UPS by zerotracker.net: Sept. 4, 2024
Planning to use external offset credits No
Separate targets for emission reductions and removals No
Conditions on use of offset credits None
Plans for carbon dioxide removal (CDR) No

Additional notes: UPS is currently not using offsets to meet their GHG goals.

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 10.0 10.0 0.0
3 CDP score demonstrates the level of transparent disclosures 6.0 10.0 0.0
Transparency 26.0 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 0.0 10.0 0.0
7 Targets are science-based as validated by SBTi 10.0 10.0 10.0
Commitments 20.0 40.0 10.0
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 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 7.5 10.0 0.0
Results 7.5 30.0 0.0
Total 53.5 100.0 10.0


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 5.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? full 5.0 / 5.0 5.0 0.0 5.0
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? full 5.0 / 5.0 5.0 0.0 5.0
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? C 6.0 / 10.0 6.0 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? 2025 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?
0.0 / 5.0 0.0 0.0 0.0
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 1.5°C 10.0 / 10.0 0.0 10.0 0.0
Criteria 8 : Results based on scope 1 - 2
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 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: 1.7°C 7.5 / 10.0 7.5 0.0 7.5
Total 53.5 / 100.0 43.5 10.0 45.5


Available Data Sources

Reporting Year 2021 2021 2020 2020 2020 2019 2019
Source Public Yourstake Public CDP Public CDP Public
Publication Year 2022 2022 2022 2021 2021 2020 2021
Scope 1 15,668,000 15,668,000 15,088,000 15,751,000 15,751,000 14,223,000 14,223,000
Scope 2 - location-based 676,000 676,000 775,000 799,000 799,000 754,000 754,000
Scope 2 - market-based 654,000 654,000 728,000 749,000 749,000 731,000 731,000
Scope 1-2 - location-based 16,344,000 16,344,000 15,863,000 16,550,000 16,550,000 14,977,000 14,977,000
Scope 1-2 - market-based 16,322,000 16,322,000 15,816,000 16,500,000 16,500,000 14,954,000 14,954,000
Scope 3 19,486,000 19,486,000 18,595,000 21,437,000 21,426,000 21,008,000 20,999,000
Total - location-based 35,830,000 35,830,000 34,458,000 37,987,000 37,976,000 35,985,000 35,976,000
Total - market-based 35,808,000 35,808,000 34,411,000 35,090,000 37,926,000 33,142,000 35,953,000

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

© Vincent Manier - September 2021 About us . Keep in touch . Blog