UPS

Transportation Services

UPS

$ 171 2.2

Share price

$ 149 bn

Market Cap

$ 162 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

3.6x the weighted average for S&P 500

FY2020

Primary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Weaker than the -6.9% weighted average for S&P 500

FY2021

UPS aims to achieve net zero for all Scopes by 2050

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

UPS reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 16,500 Kt (+1,546/+10% y-o-y). At the sime time, carbon intensity declined to 195 t (-6.8 /-3.4% y-o-y).

UPS's Scope 3 emissions grew to 21,437 Kt (+429/+2% y-o-y). The growth has slowed compared to the trend since 4Q'15 (CAGR +4.1%).

The company is committed to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -1,265 Kt per annum over the period of FY2021 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2020Q4	16,500	15,751	749	21,437	84,628	195
2019Q4	14,954	14,223	731	21,008	74,094	202
2018Q4	14,635	13,851	784	21,783	71,861	204
2017Q4	13,792	13,047	745	20,071	66,585	207
2016Q4	13,263	12,432	831	17,430	60,906	218
2015Q4	13,011	12,197	814	16,877	58,363	223

UPS

Carbon footprint

Primary Climate Goal

UPS aims to achieve net zero for all Scopes by 2050

GHG emissions and Carbon intensity

UPS's carbon footprint

Company environmental metrics