Universal Corp

Common Name
Universal
Country
United States
Sector
Consumer Defensive
Industry
Tobacco
Employees
10,800
Ticker
UVV
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Universal Corporation is a prominent entity in the global tobacco industry, primarily focusing on the supply of leaf tobacco and associated services. This company engages in the purchasing, processing...

Universal's GHG Emissions Data Preview

In 2024, Universal 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).

Universal has also provided a category-level breakdown for 1 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
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 Universal's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Universal amounted to 156,216 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 2023, the total operational greenhouse gas (GHG) emissions of Universal increased by 7.5%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Universal's Scope 1 Emissions Over Time

2020202120232024030 k60 k90 k120 ktCO2e-1%-17%+14%
  • Total Scope 1
  • Year-over-Year Change

What are Universal's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Universal were 108,983 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Universal reduced its Scope 1 emissions over time?

Since 2020, Universal's Scope 1 emissions have decreased by 5.55%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Universal's Scope 1 emissions increased by 14.18%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Universal's Scope 2 emissions?

In 2024, Universal reported Scope 2 greenhouse gas (GHG) emissions of 47,233 tCOâ‚‚e using the location-based method.

What methodology does Universal use for Scope 2 reporting?

In 2024, Universal reported its Scope 2 emissions using the location-based method.

Universal's Scope 2 Emissions Over Time

2020202120232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Universal's Value Chain Emissions

In 2024, Universal reported 725,386 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 2024 disclosure of Universal includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Universal's Scope 3 Emissions Over Time

202020240200 k400 k600 k800 ktCO2e+36%
  • Total Scope 3
  • Year-over-Year Change

What are Universal's Scope 3 emissions?

In 2024, Universal reported total Scope 3 emissions of 725,386 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Has Universal reduced its Scope 3 emissions over time?

Since 2020, Universal's Scope 3 emissions have increased by 35.76%, reflecting a rising long-term trend in Scope 3 emissions over time.

What categories of Scope 3 emissions does Universal disclose?

In 2024, Universal reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

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

In 2024, the largest contributors to Universal's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 481,833 tCOâ‚‚e (100%)

Universal's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(100.0%)

Insights into Universal's Total Carbon Footprint

In 2024, Universal reported a total carbon footprint of 881,602 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 506.68% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Universal's total carbon footprint was Scope 3 emissions, accounting for 82.28% of the company's total carbon footprint, followed by Scope 1 emissions at 12.36%.

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