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Western Union Co

Common Name
Western Union
Country
United States
Sector
Financial Services
Industry
Credit Services
Employees
9,100
Ticker
WU
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Western Union Co. is a global leader in cross-border, cross-currency money movement. The company provides a fast, reliable, and convenient way to send money around the world. Its primary function is t...

Western Union's GHG Emissions Data Preview

In 2023, Western Union 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) and Scope 2 (indirect emissions from purchased energy).

However, Western Union has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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0000000
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Verified Sources Behind Western Union’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 Western Union’s data sources below and access millions more through our Disclosure Search.

a. Western Union's ESG Report 2023
a. Western Union's ESG Report 2023

Insights into Western Union's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions ofWestern Union amounted to11,301metric 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

Western Union's Scope 1 Emissions Over Time

202301.5 k3 k4.5 k6 ktCO2e
  • Total Scope 1
  • Year-over-Year Change

What are Western Union's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Western Union were 4,132 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

What are Western Union's Scope 2 emissions?

In 2023, Western Union reported Scope 2 greenhouse gas (GHG) emissions of 7,169 tCOâ‚‚e using the market-based method.a

What methodology does Western Union use for Scope 2 reporting?

In 2023, Western Union reported its Scope 2 emissions using the market-based method.a

Western Union's Scope 2 Emissions Over Time

202302 k4 k6 k8 ktCO2e
  • Total Scope 2 Market-Based

Insights into Western Union’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Western Union reported Scope 1 greenhouse gas (GHG) emissions of 4,132 tCOâ‚‚e and total revenues of USD 4,357 millions. This translates into an emissions intensity of 0.95 tCOâ‚‚e per millions USD.a

Western Union's Scope 1 Emissions Intensity Compared to Peers

201001,00010,000100,000Scope 1 Emissions (tCO2e)1001,0005,00020,000200,000Revenues (Millions of USD)HAmerican ExpressYear: 2024Scope 1: 21,817 tCO2eRevenue: $M 65,952Scope 1 Intensity: 0.33 tCO2e/$MIPG PhotonicsYear: 2024Scope 1: 41,764 tCO2eRevenue: $M 977Scope 1 Intensity: 42.74 tCO2e/$MSoFi TechnologiesYear: 2024Scope 1: 293 tCO2eRevenue: $M 2,613Scope 1 Intensity: 0.11 tCO2e/$MSLMYear: 2023Scope 1: 157 tCO2eRevenue: $M 1,809Scope 1 Intensity: 0.09 tCO2e/$MHHHorace Mann EducatorsYear: 2024Scope 1: 459 tCO2eRevenue: $M 1,550Scope 1 Intensity: 0.30 tCO2e/$MBread Financial HoldingsYear: 2024Scope 1: 933 tCO2eRevenue: $M 3,838Scope 1 Intensity: 0.24 tCO2e/$MCapital One FinancialYear: 2024Scope 1: 7,251 tCO2eRevenue: $M 39,110Scope 1 Intensity: 0.19 tCO2e/$MAlly FinancialYear: 2024Scope 1: 5,585 tCO2eRevenue: $M 8,898Scope 1 Intensity: 0.63 tCO2e/$MPayPal HoldingsYear: 2024Scope 1: 2,100 tCO2eRevenue: $M 31,818Scope 1 Intensity: 0.07 tCO2e/$MTradeweb MarketsYear: 2024Scope 1: 30 tCO2eRevenue: $M 1,724Scope 1 Intensity: 0.02 tCO2e/$MMSCIYear: 2024Scope 1: 543 tCO2eRevenue: $M 2,856Scope 1 Intensity: 0.19 tCO2e/$MPiper Sandler CompaniesYear: 2024Scope 1: 539 tCO2eRevenue: $M 1,475Scope 1 Intensity: 0.37 tCO2e/$MWebster FinancialYear: 2024Scope 1: 3,846 tCO2eRevenue: $M 2,579Scope 1 Intensity: 1.49 tCO2e/$MVisaYear: 2024Scope 1: 13,510 tCO2eRevenue: $M 35,922Scope 1 Intensity: 0.38 tCO2e/$MZions BancorporationYear: 2024Scope 1: 2,845 tCO2eRevenue: $M 3,130Scope 1 Intensity: 0.91 tCO2e/$MMastercardYear: 2024Scope 1: 2,962 tCO2eRevenue: $M 28,156Scope 1 Intensity: 0.11 tCO2e/$MMorningstarYear: 2024Scope 1: 239 tCO2eRevenue: $M 2,274Scope 1 Intensity: 0.11 tCO2e/$MAres CapitalYear: 2021Scope 1: 47 tCO2eRevenue: $M 1,681Scope 1 Intensity: 0.03 tCO2e/$MFlagstar BankYear: 2024Scope 1: 3,767 tCO2eRevenue: $M 2,584Scope 1 Intensity: 1.46 tCO2e/$MSynchrony FinancialYear: 2024Scope 1: 168 tCO2eRevenue: $M 16,154Scope 1 Intensity: 0.01 tCO2e/$MHancock WhitneyYear: 2023Scope 1: 1,338 tCO2eRevenue: $M 1,367Scope 1 Intensity: 0.98 tCO2e/$MBROOKFIELD ASSET MANAGEMENTYear: 2024Scope 1: 322 tCO2eRevenue: $M 482Scope 1 Intensity: 0.67 tCO2e/$MJefferies Financial GroupYear: 2024Scope 1: 4,026 tCO2eRevenue: $M 10,514Scope 1 Intensity: 0.38 tCO2e/$MTransUnionYear: 2024Scope 1: 286 tCO2eRevenue: $M 4,181Scope 1 Intensity: 0.07 tCO2e/$MWestern UnionYear: 2023Scope 1: 4,132 tCO2eRevenue: $M 4,357Scope 1 Intensity: 0.95 tCO2e/$M

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

In 2023, Western Union reported a Scope 1 emissions intensity of 0.95 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.27, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Western Union rank on GHG emissions intensity within its industry?

In 2023, Western Union ranked 21 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Western Union among the least efficient performers, with one of the highest emissions intensities in its sector.a

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