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Upwork Inc

Common Name
Upwork
Country
United States
Sector
Communication Services
Industry
Internet Content & Information
Employees
600
Ticker
UPWK
Exchange
NASDAQ/NGS
Description
Upwork Inc. operates as a global freelancing platform that connects businesses with independent professionals and agencies. Its primary function is to provide an online marketplace where companies can...

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 - 2017
Total Scope 1
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a
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b
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b
0000000
Total Scope 2
Market-Based
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a
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b
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b
0000000
Location-Based
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a
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b
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b
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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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. Explore Upwork’s data sources below and access millions more through our Disclosure Search.

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

Insights into Upwork's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofUpwork amounted to300.8metric 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 Upworkdecreased 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 COâ‚‚ equivalent (tCOâ‚‚e).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 tCOâ‚‚e using the market-based method and 300.8 tCOâ‚‚e 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 COâ‚‚ equivalent (tCOâ‚‚e) 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 2of 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 COâ‚‚ equivalent (tCOâ‚‚e).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 emissionshave 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 tCOâ‚‚e(87.14%)
  • Employee Commuting (Cat. 7): 75 tCOâ‚‚e(12.86%)

Upwork's Scope 3 Emissions by Categories

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

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

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

Upwork's Scope 1 Emissions Intensity Compared to Peers

2050010,000200,0005,000,000Scope 1 Emissions (tCO2e)1001,00010,000100,0001,000,000Revenues (Millions of USD)POCinemark HoldingsYear: 2024Scope 1: 13,592 tCO2eRevenue: $M 3,050Scope 1 Intensity: 4.46 tCO2e/$MMatch GroupYear: 2024Scope 1: 564 tCO2eRevenue: $M 3,479Scope 1 Intensity: 0.16 tCO2e/$MDoubleVerify HoldingsYear: 2024Scope 1: 256 tCO2eRevenue: $M 657Scope 1 Intensity: 0.39 tCO2e/$MMeta PlatformsYear: 2024Scope 1: 47,468 tCO2eRevenue: $M 164,477Scope 1 Intensity: 0.29 tCO2e/$MFrontier Communications ParentYear: 2023Scope 1: 117,263 tCO2eRevenue: $M 5,676Scope 1 Intensity: 20.66 tCO2e/$MCarlisle CompaniesYear: 2024Scope 1: 68,717 tCO2eRevenue: $M 5,004Scope 1 Intensity: 13.73 tCO2e/$MIPGYear: 2024Scope 1: 10,183 tCO2eRevenue: $M 10,692Scope 1 Intensity: 0.95 tCO2e/$MZillow GroupYear: 2023Scope 1: 197 tCO2eRevenue: $M 1,945Scope 1 Intensity: 0.10 tCO2e/$MFoxYear: 2024Scope 1: 14,820 tCO2eRevenue: $M 13,980Scope 1 Intensity: 1.06 tCO2e/$MNew York TimesYear: 2024Scope 1: 3,598 tCO2eRevenue: $M 2,586Scope 1 Intensity: 1.39 tCO2e/$MIACYear: 2024Scope 1: 3,759 tCO2eRevenue: $M 3,807Scope 1 Intensity: 0.99 tCO2e/$MAT&TYear: 2024Scope 1: 545,052 tCO2eRevenue: $M 122,335Scope 1 Intensity: 4.46 tCO2e/$MNewsYear: 2024Scope 1: 14,552 tCO2eRevenue: $M 10,085Scope 1 Intensity: 1.44 tCO2e/$MLumen TechnologiesYear: 2024Scope 1: 164,690 tCO2eRevenue: $M 13,108Scope 1 Intensity: 12.56 tCO2e/$MYelpYear: 2024Scope 1: 332 tCO2eRevenue: $M 1,412Scope 1 Intensity: 0.24 tCO2e/$MNetflixYear: 2024Scope 1: 50,488 tCO2eRevenue: $M 39,002Scope 1 Intensity: 1.29 tCO2e/$MAlphabetYear: 2024Scope 1: 73,100 tCO2eRevenue: $M 350,096Scope 1 Intensity: 0.21 tCO2e/$MWalt DisneyYear: 2024Scope 1: 921,163 tCO2eRevenue: $M 91,361Scope 1 Intensity: 10.08 tCO2e/$MPPPinterestYear: 2024Scope 1: 570 tCO2eRevenue: $M 3,647Scope 1 Intensity: 0.16 tCO2e/$MZiff DavisYear: 2024Scope 1: 311 tCO2eRevenue: $M 1,402Scope 1 Intensity: 0.22 tCO2e/$MElectronic ArtsYear: 2025Scope 1: 2,977 tCO2eRevenue: $M 7,463Scope 1 Intensity: 0.40 tCO2e/$MWarner Music GroupYear: 2024Scope 1: 1,877 tCO2eRevenue: $M 6,426Scope 1 Intensity: 0.29 tCO2e/$MOOOptimum CommunicationsYear: 2024Scope 1: 43,219 tCO2eRevenue: $M 8,954Scope 1 Intensity: 4.83 tCO2e/$MSnapYear: 2023Scope 1: 9,822 tCO2eRevenue: $M 4,606Scope 1 Intensity: 2.13 tCO2e/$MJohn Wiley & SonsYear: 2024Scope 1: 1,062 tCO2eRevenue: $M 1,873Scope 1 Intensity: 0.57 tCO2e/$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 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.99, 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 2 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).c

This places Upwork among the top performers, with one of the lowest emissions intensities relative to peers.c

Insights into Upwork's Total Carbon Footprint

In 2024, Upwork reported a total carbon footprint of 9,742.92 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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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