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Upwork Inc

Common Name
Upwork
Country
United States
Sector
Communication Services
Industry
Internet Content & Information
Employees
630
Ticker
UPWK
Exchange
NASDAQ/NGS
Description
Upwork Inc. operates an online marketplace that connects businesses with skilled independent professionals for short-term and longer-term projects worldwide. The platform enables companies to find, hi...

Upwork's GHG Emissions Data Preview

In 2024, Upwork 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).

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

Metric (tCO2e)2024202320222021-2019
Total Scope 1
0a
0b
0b
Total Scope 2
Market-Based
11.1a
18.2b
15.3b
Location-Based
300.8a
368.8b
368.8b
Unspecified Calculation Method
N/AN/AN/A
Total Scope 3
9,442.12a
13,372.1b
7,283.7b
Total Scope 1 Revenue Intensity (tCO2e/$M)
0a
0b
0b
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Verified Sources Behind Upwork’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Upwork's Verification report 2024
b. Upwork's Impact Report 2023
c. Upwork's Financial & Extra-Financial Disclosure 2020

Insights into Upwork's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Upwork amounted to 300.8 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 Upwork decreased by 18.44%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Upwork's Scope 1 Emissions Over Time

20192020202120222023202409182736tCO2e-100%
  • Total Scope 1
  • Year-over-Year Change

What are Upwork's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Upwork were 0 metric tons of CO₂ equivalent (tCO₂e).a

Has Upwork reduced its Scope 1 emissions over time?

Since 2019, Upwork's Scope 1 emissions have decreased by 100%, reflecting a declining long-term trend in Scope 1 emissions over time.ac

What are Upwork's Scope 2 emissions?

In 2024, Upwork reported Scope 2 greenhouse gas (GHG) emissions of 11.1 tCO₂e using the market-based method and 300.8 tCO₂e using the location-based method.a

Has Upwork reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Upwork's Scope 2 emissions (Location-Based) fell by 18.44% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab

What methodology does Upwork use for Scope 2 reporting?

In 2024, Upwork reported its Scope 2 emissions using the market-based method and using the location-based method.a

Upwork's Scope 2 Emissions Over Time

201920202021202220232024095190285380tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Upwork's Value Chain Emissions

In 2024, Upwork reported 9,442.12 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 Upwork includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, down from 3 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a

Upwork's Scope 3 Emissions Over Time

20192020202120222023202403.5 k7 k10.5 k14 ktCO2e-42%-48%+2562%+84%-29%
  • Total Scope 3
  • Year-over-Year Change

What are Upwork's Scope 3 emissions?

In 2024, Upwork reported total Scope 3 emissions of 9,442.12 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

Has Upwork reduced its Scope 3 emissions over time?

Since 2019, Upwork's Scope 3 emissions have increased by 946.8%, reflecting a rising long-term trend in Scope 3 emissions over time.ac

Compared to the previous year (2023), Upwork's Scope 3 emissions decreased by 29.39%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does Upwork disclose?

In 2024, Upwork reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a

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

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

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

  • Business Travel (Cat. 6): 508 tCO₂e (87.14%)
  • Employee Commuting (Cat. 7): 75 tCO₂e (12.86%)

Upwork's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(12.9%)Business Travel(Cat. 6)(87.1%)

Insights into Upwork’s GHG Emissions Intensity Compared to Industry Peers

In 2019, Upwork reported Scope 1 greenhouse gas (GHG) emissions of 33 tCO₂e and total revenues of USD 301 millions. This translates into an emissions intensity of 0.11 tCO₂e per millions USD.c

Upwork's Scope 1 Emissions Intensity Compared to Peers

0.52050010,000200,000Scope 1 Emissions (tCO2e)505005,000100,0001,000,000Revenues (Millions of USD)Baltic Classifieds GroupYear: 2025Scope 1: 25 tCO2eRevenue: $M 94Scope 1 Intensity: 0.27 tCO2e/$MInkeverse GroupYear: 2023Scope 1: 6 tCO2eRevenue: $M 962Scope 1 Intensity: 0.01 tCO2e/$MGenius SportsYear: 2023Scope 1: 1 tCO2eRevenue: $M 400Scope 1 Intensity: 0.00 tCO2e/$MAutohomeYear: 2023Scope 1: 362 tCO2eRevenue: $M 1,011Scope 1 Intensity: 0.36 tCO2e/$MZhejiang Daily Digital Culture GroupYear: 2024Scope 1: 48 tCO2eRevenue: $M 424Scope 1 Intensity: 0.11 tCO2e/$MKakaku.comYear: 2025Scope 1: 9 tCO2eRevenue: $M 523Scope 1 Intensity: 0.02 tCO2e/$MSeekYear: 2024Scope 1: 87 tCO2eRevenue: $M 723Scope 1 Intensity: 0.12 tCO2e/$MRightmoveYear: 2024Scope 1: 129 tCO2eRevenue: $M 489Scope 1 Intensity: 0.26 tCO2e/$MChina LiteratureYear: 2024Scope 1: 45 tCO2eRevenue: $M 1,112Scope 1 Intensity: 0.04 tCO2e/$MMeituYear: 2024Scope 1: 68 tCO2eRevenue: $M 411Scope 1 Intensity: 0.17 tCO2e/$MAutotrader GroupYear: 2025Scope 1: 116 tCO2eRevenue: $M 777Scope 1 Intensity: 0.15 tCO2e/$MNetease Cloud MusicYear: 2024Scope 1: 697 tCO2eRevenue: $M 1,089Scope 1 Intensity: 0.64 tCO2e/$MScout24Year: 2025Scope 1: 259 tCO2eRevenue: $M 764Scope 1 Intensity: 0.34 tCO2e/$MVend MarketplacesYear: 2025Scope 1: 118 tCO2eRevenue: $M 627Scope 1 Intensity: 0.19 tCO2e/$MNebius GroupYear: 2024Scope 1: 98 tCO2eRevenue: $M 92Scope 1 Intensity: 1.07 tCO2e/$MPeopleYear: 2024Scope 1: 3,759 tCO2eRevenue: $M 3,807Scope 1 Intensity: 0.99 tCO2e/$MSnapYear: 2023Scope 1: 9,822 tCO2eRevenue: $M 4,606Scope 1 Intensity: 2.13 tCO2e/$MZillow GroupYear: 2023Scope 1: 197 tCO2eRevenue: $M 1,945Scope 1 Intensity: 0.10 tCO2e/$MMatch GroupYear: 2024Scope 1: 564 tCO2eRevenue: $M 3,479Scope 1 Intensity: 0.16 tCO2e/$MPinterestYear: 2024Scope 1: 570 tCO2eRevenue: $M 3,647Scope 1 Intensity: 0.16 tCO2e/$MMeta PlatformsYear: 2024Scope 1: 47,468 tCO2eRevenue: $M 164,477Scope 1 Intensity: 0.29 tCO2e/$MAlphabetYear: 2024Scope 1: 73,100 tCO2eRevenue: $M 349,761Scope 1 Intensity: 0.21 tCO2e/$MYelpYear: 2024Scope 1: 332 tCO2eRevenue: $M 1,412Scope 1 Intensity: 0.24 tCO2e/$MUpworkYear: 2019Scope 1: 33 tCO2eRevenue: $M 301Scope 1 Intensity: 0.11 tCO2e/$M

How does Upwork's GHG emissions intensity compare to its peers?

In 2019, Upwork reported a Scope 1 emissions intensity of 0.11 tCO₂e per millions USD. Compared to the peer group median of 0.19, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.c

Where does Upwork rank on GHG emissions intensity within its industry?

In 2019, Upwork ranked 6 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).c

Upwork is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.c

Insights into Upwork's Total Carbon Footprint

In 2024, Upwork reported a total carbon footprint of 9,742.92 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 29.1% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Upwork's total carbon footprint was Scope 3 emissions, accounting for 96.91% of the company's total carbon footprint, followed by Scope 2 emissions at 3.09%.a

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