In 2020, Hub Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Hub Group has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2020 | 2019 | 2018 | 2017 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2020, the total operational greenhouse gas (GHG) emissions of Hub Group amounted to 562,604.64 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
In 2020, the total Scope 1 emissions of Hub Group were 557,460.94 metric tons of CO₂ equivalent (tCO₂e). a
In 2020, Hub Group reported Scope 2 greenhouse gas (GHG) emissions of 5,143.7 tCO₂e without specifying the calculation method. a
In 2020, Hub Group reported its Scope 2 emissions using an unspecified methodology. a
In 2020, Hub Group reported 606,572.6 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2020 disclosure of Hub Group includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in , reflecting improved emissions accounting practices and greater transparency across the company's value chain a
In 2020, Hub Group reported total Scope 3 emissions of 606,572.6 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
In 2020, Hub Group reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2020, the largest contributors to Hub Group's Scope 3 emissions were: a
In 2020, Hub Group reported Scope 1 greenhouse gas (GHG) emissions of 557,460.94 tCO₂e and total revenues of USD 3,496 millions. This translates into an emissions intensity of 159.47 tCO₂e per millions USD. a
In 2020, Hub Group reported a Scope 1 emissions intensity of 159.47 tCO₂e per millions USD. Compared to the peer group median of 17.15 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2020, Hub Group ranked 20 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Hub Group among the least efficient performers, with one of the highest emissions intensities in its sector. a
In 2020, Hub Group reported a total carbon footprint of 1,169,177.24 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. a
The largest contributor to Hub Group's total carbon footprint was Scope 3 emissions, accounting for 51.88% of the company's total carbon footprint, followed by Scope 1 emissions at 47.68%. a