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 2023, 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)2023202220212020 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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 Impact Report 2023
a. Upwork's Impact Report 2023
b. Upwork's Financial & Extra-Financial Disclosure 2020
b. Upwork's Financial & Extra-Financial Disclosure 2020

Insights into Upwork's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Upwork amounted to 368.8 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

0

Upwork's Scope 1 Emissions Over Time

2019202020212022202309182736tCO2e-100%
  • Total Scope 1
  • Year-over-Year Change

What are Upwork's Scope 1 emissions?

In 2023, 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. a b

What are Upwork's Scope 2 emissions?

In 2023, Upwork reported Scope 2 greenhouse gas (GHG) emissions of 18.2 tCO₂e using the market-based method and 368.8 tCO₂e using the location-based method. a

Has Upwork reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Upwork's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Upwork 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Upwork use for Scope 2 reporting?

In 2023, 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

20192020202120222023095190285380tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Upwork's Value Chain Emissions

In 2023, Upwork reported 13,372.1 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 2023 disclosure of Upwork includes a breakdown across 3 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. a

Upwork's Scope 3 Emissions Over Time

2019202020212022202303.5 k7 k10.5 k14 ktCO2e-42%-48%+2562%+84%
  • Total Scope 3
  • Year-over-Year Change

What are Upwork's Scope 3 emissions?

In 2023, Upwork reported total Scope 3 emissions of 13,372.1 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 1,382.49%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Upwork's Scope 3 emissions increased by 83.59%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Upwork disclose?

In 2023, Upwork reported emissions for 3 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 2023, the largest contributors to Upwork's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 12,797.1 tCO₂e (95.7%)
  • Business Travel (Cat. 6): 385 tCO₂e (2.88%)
  • Employee Commuting (Cat. 7): 190.1 tCO₂e (1.42%)

Upwork's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(95.7%)Employee Commuting(Cat. 7)(1.4%)Business Travel(Cat. 6)(2.9%)

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. b

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)CPCCCencoraYear: 2024Scope 1: 135,087 tCO2eRevenue: $M 293,987Scope 1 Intensity: 0.46 tCO2e/$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: $M 164,477Scope 1 Intensity: 0.29 tCO2e/$MOmnicom GroupYear: 2024Scope 1: 32,733 tCO2eRevenue: $M 15,689Scope 1 Intensity: 2.09 tCO2e/$MFrontier Communications ParentYear: 2023Scope 1: 117,263 tCO2eRevenue: $M 5,676Scope 1 Intensity: 20.66 tCO2e/$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: 2023Scope 1: 5,536 tCO2eRevenue: $M 4,365Scope 1 Intensity: 1.27 tCO2e/$MAT&TYear: 2024Scope 1: 545,052 tCO2eRevenue: $M 122,335Scope 1 Intensity: 4.46 tCO2e/$MNewsYear: 2023Scope 1: 12,702 tCO2eRevenue: $M 9,879Scope 1 Intensity: 1.29 tCO2e/$MLumen TechnologiesYear: 2023Scope 1: 166,652 tCO2eRevenue: $M 14,557Scope 1 Intensity: 11.45 tCO2e/$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: 2023Scope 1: 602 tCO2eRevenue: $M 3,056Scope 1 Intensity: 0.20 tCO2e/$MZiff DavisYear: 2023Scope 1: 305 tCO2eRevenue: $M 1,364Scope 1 Intensity: 0.22 tCO2e/$MElectronic ArtsYear: 2025Scope 1: 2,977 tCO2eRevenue: $M 7,463Scope 1 Intensity: 0.40 tCO2e/$MWarner Music GroupYear: 2023Scope 1: 1,583 tCO2eRevenue: $M 6,037Scope 1 Intensity: 0.26 tCO2e/$MSnapYear: 2023Scope 1: 9,822 tCO2eRevenue: $M 4,606Scope 1 Intensity: 2.13 tCO2e/$MT-Mobile USYear: 2023Scope 1: 66,851 tCO2eRevenue: $M 78,556Scope 1 Intensity: 0.85 tCO2e/$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 tCO₂e per millions USD. Compared to the peer group median of 0.9 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. b

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

In 2019, Upwork ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). b

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

Insights into Upwork's Total Carbon Footprint

In 2023, Upwork reported a total carbon footprint of 13,740.9 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 79.56% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Upwork's total carbon footprint was Scope 3 emissions, accounting for 97.32% of the company's total carbon footprint, followed by Scope 2 emissions at 2.68%. a

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