Union Pacific Corp

Common Name
Union Pacific
Country
United States
Sector
Industrials
Industry
Railroads
Employees
30,146
Ticker
UNP
Exchange
NEW YORK STOCK EXCHANGE, INC.
Website
www.up.com
Description
Union Pacific Corporation is a major freight railroad company, recognized as one of the largest transportation operators in North America. The company's core business centers on rail-based freight tra...

Union Pacific's GHG Emissions Data Preview

In 2023, Union Pacific 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).

Union Pacific has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

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 Union Pacific's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Union Pacific amounted to 9,372,324 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 Union Pacific decreased by 0.79%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Union Pacific's Scope 1 Emissions Over Time

20182019202020212022202303 M6 M9 M12 MtCO2e-11%-12%+4%0%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Union Pacific's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Union Pacific were 9,156,525 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Union Pacific reduced its Scope 1 emissions over time?

Since 2018, Union Pacific's Scope 1 emissions have decreased by 19.07%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Union Pacific's Scope 1 emissions decreased by 1.19%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Union Pacific's Scope 2 emissions?

In 2023, Union Pacific reported Scope 2 greenhouse gas (GHG) emissions of 235,705 tCOâ‚‚e using the market-based method, and 215,799 tCOâ‚‚e using the location-based method.

Has Union Pacific reduced its Scope 2 emissions over time?

Since 2018, Union Pacific's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 22.15%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Union Pacific's Scope 2 emissions (Location-Based) rose by 19.43% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Union Pacific use for Scope 2 reporting?

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

Union Pacific's Scope 2 Emissions Over Time

201820192020202120222023080 k160 k240 k320 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Union Pacific's Value Chain Emissions

In 2023, Union Pacific reported 5,307,934 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 Union Pacific includes a breakdown across 9 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.

Union Pacific's Scope 3 Emissions Over Time

20182019202020212022202302 M4 M6 M8 MtCO2e-35%-12%+1%+59%-7%
  • Total Scope 3
  • Year-over-Year Change

What are Union Pacific's Scope 3 emissions?

In 2023, Union Pacific reported total Scope 3 emissions of 5,307,934 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 94.14% of these emissions originated from upstream activities such as purchased goods and capital goods, while 5.86% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Union Pacific reduced its Scope 3 emissions over time?

Since 2018, Union Pacific's Scope 3 emissions have decreased by 14.98%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Union Pacific's Scope 3 emissions remained relatively stable, indicating that Union Pacific 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Union Pacific disclose?

In 2023, Union Pacific reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Union Pacific's Scope 3 emissions?

In 2023, the largest contributors to Union Pacific's Scope 3 emissions were:

  • Fuel- and Energy-Related Services (Cat. 3): 2,989,164 tCOâ‚‚e (56.32%)
  • Purchased Goods and Services (Cat. 1): 823,752 tCOâ‚‚e (15.52%)
  • Capital Goods (Cat. 2): 619,214 tCOâ‚‚e (11.67%)

Union Pacific's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(11.7%)Purchased Goods andServices (Cat. 1)(15.5%)Fuel- andEnergy-RelatedServices (Cat. 3)(56.3%)

Insights into Union Pacific's Total Carbon Footprint

In 2023, Union Pacific reported a total carbon footprint of 14,680,258 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.11% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Union Pacific's total carbon footprint was Scope 1 emissions, accounting for 62.37% of the company's total carbon footprint, followed by Scope 3 emissions at 36.16%.

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