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Old Dominion Freight Line Inc

Common Name
Old Dominion Freight Line
Country
United States
Sector
Industrials
Industry
Trucking
Employees
21,719
Ticker
ODFL
Exchange
NASDAQ/NGS
Description
Old Dominion Freight Line, Inc. is a leading less-than-truckload (LTL) freight transportation company operating across the United States and North America. Specializing in the movement of smaller ship...

Old Dominion Freight Line's GHG Emissions Data Preview

In 2024, Old Dominion Freight Line 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) and Scope 2 (indirect emissions from purchased energy).

However, Old Dominion Freight Line has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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b
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b
0000000
Total Scope 2
Market-Based
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a
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0000000
Location-Based
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a
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0000000
Unspecified Calculation Method
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b
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b
0000000
Total Scope 3
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
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b
0000000
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Verified Sources Behind Old Dominion Freight Line’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Old Dominion Freight Line’s data sources below and access millions more through our Disclosure Search.

a. Old Dominion Freight Line's Verification report 2024
a. Old Dominion Freight Line's Verification report 2024
b. Old Dominion Freight Line's ESG Data Spreadsheet 2023
b. Old Dominion Freight Line's ESG Data Spreadsheet 2023
c. Old Dominion Freight Line's ESG Data Spreadsheet 2021
c. Old Dominion Freight Line's ESG Data Spreadsheet 2021

Insights into Old Dominion Freight Line's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofOld Dominion Freight Line amounted to1,183,791metric 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

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Old Dominion Freight Linedecreased by 3.39%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Old Dominion Freight Line's Scope 1 Emissions Over Time

2019202020212022202320240350 k700 k1.05 M1.4 MtCO2e-8%+14%+4%-9%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Old Dominion Freight Line's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Old Dominion Freight Line were 1,158,559 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Old Dominion Freight Line reduced its Scope 1 emissions over time?

Since 2019, Old Dominion Freight Line's Scope 1 emissions have decreased by 4.4%, reflecting a declining long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2023), Old Dominion Freight Line's Scope 1 emissions decreased by 3.34%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab

What are Old Dominion Freight Line's Scope 2 emissions?

In 2024, Old Dominion Freight Line reported Scope 2 greenhouse gas (GHG) emissions of 27,490 tCOâ‚‚e using the market-based method and 25,232 tCOâ‚‚e using the location-based method.a

What methodology does Old Dominion Freight Line use for Scope 2 reporting?

In 2024, Old Dominion Freight Line reported its Scope 2 emissions using the market-based method and using the location-based method.a

Old Dominion Freight Line's Scope 2 Emissions Over Time

20192020202120222023202407.5 k15 k22.5 k30 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Old Dominion Freight Line’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Old Dominion Freight Line reported Scope 1 greenhouse gas (GHG) emissions of 1,158,559 tCOâ‚‚e and total revenues of USD 5,815 millions. This translates into an emissions intensity of 199.24 tCOâ‚‚e per millions USD.a

Old Dominion Freight Line's Scope 1 Emissions Intensity Compared to Peers

1,00020,000200,0005,000,00050,000,000Scope 1 Emissions (tCO2e)5001,0005,00010,00050,000Revenues (Millions of USD)CRXOYear: 2023Scope 1: 40,296 tCO2eRevenue: $M 3,927Scope 1 Intensity: 10.26 tCO2e/$MKnight-Swift Transportation HoldingsYear: 2024Scope 1: 2,643,935 tCO2eRevenue: $M 7,410Scope 1 Intensity: 356.80 tCO2e/$MArcBestYear: 2024Scope 1: 477,656 tCO2eRevenue: $M 4,179Scope 1 Intensity: 114.30 tCO2e/$MCSXYear: 2023Scope 1: 4,239,321 tCO2eRevenue: $M 14,657Scope 1 Intensity: 289.24 tCO2e/$MTransDigm GroupYear: 2024Scope 1: 51,376 tCO2eRevenue: $M 7,940Scope 1 Intensity: 6.47 tCO2e/$MSaiaYear: 2024Scope 1: 665,331 tCO2eRevenue: $M 3,209Scope 1 Intensity: 207.33 tCO2e/$MComfort Systems USAYear: 2024Scope 1: 74,122 tCO2eRevenue: $M 7,027Scope 1 Intensity: 10.55 tCO2e/$MHowmet AerospaceYear: 2024Scope 1: 390,000 tCO2eRevenue: $M 7,430Scope 1 Intensity: 52.49 tCO2e/$MIDEXYear: 2024Scope 1: 17,116 tCO2eRevenue: $M 3,269Scope 1 Intensity: 5.24 tCO2e/$MRepublic ServicesYear: 2022Scope 1: 13,688,116 tCO2eRevenue: $M 13,511Scope 1 Intensity: 1,013.09 tCO2e/$MFastenalYear: 2024Scope 1: 128,284 tCO2eRevenue: $M 7,546Scope 1 Intensity: 17.00 tCO2e/$MXPOYear: 2024Scope 1: 1,325,813 tCO2eRevenue: $M 8,072Scope 1 Intensity: 164.25 tCO2e/$MITTYear: 2024Scope 1: 19,052 tCO2eRevenue: $M 3,631Scope 1 Intensity: 5.25 tCO2e/$MWerner EnterprisesYear: 2024Scope 1: 901,542 tCO2eRevenue: $M 3,030Scope 1 Intensity: 297.51 tCO2e/$MEMCOR GroupYear: 2024Scope 1: 182,567 tCO2eRevenue: $M 14,566Scope 1 Intensity: 12.53 tCO2e/$MSchneider NationalYear: 2024Scope 1: 966,877 tCO2eRevenue: $M 5,291Scope 1 Intensity: 182.76 tCO2e/$MGracoYear: 2024Scope 1: 15,131 tCO2eRevenue: $M 2,113Scope 1 Intensity: 7.16 tCO2e/$MNordsonYear: 2024Scope 1: 5,668 tCO2eRevenue: $M 2,690Scope 1 Intensity: 2.11 tCO2e/$MWabtecYear: 2023Scope 1: 131,344 tCO2eRevenue: $M 9,677Scope 1 Intensity: 13.57 tCO2e/$MUnited RentalsYear: 2024Scope 1: 462,087 tCO2eRevenue: $M 15,345Scope 1 Intensity: 30.11 tCO2e/$MWaste ConnectionsYear: 2024Scope 1: 7,707,691 tCO2eRevenue: $M 12,299Scope 1 Intensity: 626.67 tCO2e/$MCCCintasYear: 2024Scope 1: 540,217 tCO2eRevenue: $M 9,597Scope 1 Intensity: 56.29 tCO2e/$MOshkoshYear: 2024Scope 1: 70,000 tCO2eRevenue: $M 10,730Scope 1 Intensity: 6.52 tCO2e/$MABM IndustriesYear: 2024Scope 1: 46,327 tCO2eRevenue: $M 8,359Scope 1 Intensity: 5.54 tCO2e/$MGXO LogisticsYear: 2024Scope 1: 200,782 tCO2eRevenue: $M 11,709Scope 1 Intensity: 17.15 tCO2e/$MOld Dominion Freight LineYear: 2024Scope 1: 1,158,559 tCO2eRevenue: $M 5,815Scope 1 Intensity: 199.24 tCO2e/$M

How does Old Dominion Freight Line's GHG emissions intensity compare to its peers?

In 2024, Old Dominion Freight Line reported a Scope 1 emissions intensity of 199.24 tCOâ‚‚e 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

Where does Old Dominion Freight Line rank on GHG emissions intensity within its industry?

In 2024, Old Dominion Freight Line ranked 20 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Old Dominion Freight Line is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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