Old Dominion Freight Line Inc

Common Name
Old Dominion Freight Line
Country
United States
Sector
Industrials
Industry
Trucking
Employees
21,817
Ticker
ODFL
Exchange
NASDAQ/NGS
Description
Old Dominion Freight Line Inc. is a prominent player in the less-than-truckload logistic sector in the United States. This company primarily focuses on providing comprehensive freight shipping service...

Old Dominion Freight Line's GHG Emissions Data Preview

In 2023, 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), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

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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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Old Dominion Freight Line's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Old Dominion Freight Line amounted to 1,225,281 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Old Dominion Freight Line decreased by 9.09%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Old Dominion Freight Line's Scope 1 Emissions Over Time

2018201920202021202220230350 k700 k1.05 M1.4 MtCO2e-4%-8%+14%+4%-9%
  • Total Scope 1
  • Year-over-Year Change

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

In 2023, the total Scope 1 emissions of Old Dominion Freight Line were 1,198,591 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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

Since 2018, Old Dominion Freight Line's Scope 1 emissions have decreased by 5.32%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Old Dominion Freight Line's Scope 1 emissions decreased by 9.11%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

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

In 2023, Old Dominion Freight Line reported Scope 2 greenhouse gas (GHG) emissions of 26,690 tCOâ‚‚e without specifying the calculation method.

Has Old Dominion Freight Line reduced its Scope 2 emissions over time?

Since 2018, Old Dominion Freight Line's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Old Dominion Freight Line 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Old Dominion Freight Line's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Old Dominion Freight Line 's emissions have plateaued with no significant change in its energy consumption footprint.

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

In 2023, Old Dominion Freight Line reported its Scope 2 emissions using an unspecified methodology.

Old Dominion Freight Line's Scope 2 Emissions Over Time

20182019202020212022202307.5 k15 k22.5 k30 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Old Dominion Freight Line's Value Chain Emissions

In 2023, Old Dominion Freight Line reported 551,981 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Old Dominion Freight Line includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Old Dominion Freight Line's Scope 3 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e-2%-13%-25%-1%+66%
  • Total Scope 3
  • Year-over-Year Change

What are Old Dominion Freight Line's Scope 3 emissions?

In 2023, Old Dominion Freight Line reported total Scope 3 emissions of 551,981 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Old Dominion Freight Line reduced its Scope 3 emissions over time?

Since 2018, Old Dominion Freight Line's Scope 3 emissions have remained relatively stable, indicating that Old Dominion Freight Line 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2022), Old Dominion Freight Line's Scope 3 emissions increased by 66.14%, suggesting that the company faced challenges in reducing emissions across its value chain.

Insights into Old Dominion Freight Line's Total Carbon Footprint

In 2023, Old Dominion Freight Line reported a total carbon footprint of 1,777,262 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.79% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Old Dominion Freight Line's total carbon footprint was Scope 1 emissions, accounting for 67.44% of the company's total carbon footprint, followed by Scope 3 emissions at 31.06%.

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