Under Armour Inc

Common Name
Under Armour
Country
United States
Sector
Consumer Cyclical
Industry
Apparel Manufacturing
Employees
6,800
Ticker
UAA
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Under Armour Inc. is a prominent player in the athletic apparel, footwear, and accessories industry. Known for its high-performance sportswear, the company designs and manufactures products that aim t...

Under Armour's GHG Emissions Data Preview

In 2023, Under Armour 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, Under Armour 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
Market-Based
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Location-Based
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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 Under Armour's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Under Armour amounted to 37,327 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 2021, the total operational greenhouse gas (GHG) emissions of Under Armour increased by 0.62%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Under Armour's Scope 1 Emissions Over Time

201920202021202301.5 k3 k4.5 k6 ktCO2e-27%+14%-25%
  • Total Scope 1
  • Year-over-Year Change

What are Under Armour's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Under Armour were 3,614 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Under Armour reduced its Scope 1 emissions over time?

Since 2019, Under Armour's Scope 1 emissions have decreased by 37.7%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2021), Under Armour's Scope 1 emissions decreased by 25.3%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Under Armour's Scope 2 emissions?

In 2023, Under Armour reported Scope 2 greenhouse gas (GHG) emissions of 33,044 tCOâ‚‚e using the market-based method, and 33,713 tCOâ‚‚e using the location-based method.

Has Under Armour reduced its Scope 2 emissions over time?

Since 2019, Under Armour's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 15.63%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2021), Under Armour's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Under Armour 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Under Armour use for Scope 2 reporting?

In 2023, Under Armour reported its Scope 2 emissions using the market-based method and using the location-based method.

Under Armour's Scope 2 Emissions Over Time

2019202020212023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Under Armour's Value Chain Emissions

In 2023, Under Armour reported 1,630,988 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 Under Armour includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2021, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Under Armour's Scope 3 Emissions Over Time

20192020202120230450 k900 k1.35 M1.8 MtCO2e-22%+15%+13%
  • Total Scope 3
  • Year-over-Year Change

What are Under Armour's Scope 3 emissions?

In 2023, Under Armour reported total Scope 3 emissions of 1,630,988 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Under Armour reduced its Scope 3 emissions over time?

Since 2019, Under Armour's Scope 3 emissions have remained relatively stable, indicating that Under Armour 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2021), Under Armour's Scope 3 emissions increased by 12.77%, suggesting that the company faced challenges in reducing emissions across its value chain.

Insights into Under Armour's Total Carbon Footprint

In 2023, Under Armour reported a total carbon footprint of 1,668,315 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.46% increase compared to 2021, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Under Armour's total carbon footprint was Scope 3 emissions, accounting for 97.76% of the company's total carbon footprint, followed by Scope 2 emissions at 2.02%.