In 2024, United Parcel Service 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).
United Parcel Service 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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 14,408,000a | 14,499,000a | 15,845,000b | |
Total Scope 2 | ||||
Market-Based | 636,000a | 702,000a | 632,000b | |
Location-Based | 729,000a | 751,000a | 660,000b | |
Total Scope 3 | 9,833,000a | 10,216,000a | 16,862,000b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 158.208a | 159.4032a | 157.9162b |
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In 2024, the total operational greenhouse gas (GHG) emissions of United Parcel Service amounted to 15,137,000 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
Compared to 2023, the total operational greenhouse gas (GHG) emissions of United Parcel Service decreased by 0.74%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of United Parcel Service were 14,408,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, United Parcel Service's Scope 1 emissions have increased by 1.3%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), United Parcel Service's Scope 1 emissions remained relatively stable, indicating that United Parcel Service's emissions have plateaued with no significant change in its operational footprint.a
In 2024, United Parcel Service reported Scope 2 greenhouse gas (GHG) emissions of 636,000 tCO₂e using the market-based method and 729,000 tCO₂e using the location-based method.a
Since 2019, United Parcel Service's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that United Parcel Service's emissions have plateaued with no significant change in its energy consumption footprint.ac
Compared to the previous year (2023), United Parcel Service's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that United Parcel Service's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, United Parcel Service reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, United Parcel Service reported 9,833,000 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 2024 disclosure of United Parcel Service includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, United Parcel Service reported total Scope 3 emissions of 9,833,000 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
Since 2019, United Parcel Service's Scope 3 emissions have decreased by 53.19%, reflecting a declining long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), United Parcel Service's Scope 3 emissions remained relatively stable, indicating that United Parcel Service's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, United Parcel Service reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to United Parcel Service's Scope 3 emissions were:a
In 2024, United Parcel Service reported Scope 1 greenhouse gas (GHG) emissions of 14,408,000 tCO₂e and total revenues of USD 91,070 millions. This translates into an emissions intensity of 158.21 tCO₂e per millions USD.a
In 2024, United Parcel Service reported a Scope 1 emissions intensity of 158.21 tCO₂e per millions USD. Compared to the peer group median of 49.36, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, United Parcel Service ranked 20 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places United Parcel Service among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, United Parcel Service reported a total carbon footprint of 24,970,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.95% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to United Parcel Service's total carbon footprint was Scope 1 emissions, accounting for 57.7% of the company's total carbon footprint, followed by Scope 3 emissions at 39.38%.a