Ul
UL, formerly known as Underwriters Laboratories, is a global safety certification company headquartered in Northbrook, Illinois, USA. Founded in 1894, UL has established itself as a leader in the safety science industry, providing testing, inspection, and certification services across various sectors, including consumer electronics, building materials, and healthcare. With a commitment to innovation, UL offers a range of core services, including product safety testing, performance testing, and sustainability certification, ensuring that products meet rigorous safety standards. The company is renowned for its comprehensive approach to risk management and compliance, making it a trusted partner for businesses worldwide. UL's notable achievements include its role in developing safety standards and its extensive network of laboratories and experts across North America, Europe, and Asia, solidifying its position as a key player in the global market.
DitchCarbon Score
How does Ul's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Ul's score of 55 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ul's reported carbon emissions
In 2023, UL Solutions Inc. reported total carbon emissions of approximately 119,329,000 kg CO2e across all scopes. This includes 22,555,000 kg CO2e from Scope 1, 44,573,000 kg CO2e from Scope 2, and 119,329,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals significant contributions from purchased goods and services (16,190,000 kg CO2e), capital goods (28,099,000 kg CO2e), and fuel and energy-related activities (19,250,000 kg CO2e). In comparison, the 2022 emissions data indicated a total of approximately 145,235,000 kg CO2e in Scope 3 emissions, with Scope 1 and 2 emissions at 29,915,000 kg CO2e and 34,931,000 kg CO2e, respectively. This reflects a notable increase in Scope 3 emissions year-on-year. UL Solutions has committed to ambitious climate targets, aiming to reduce absolute Scope 1 and 2 GHG emissions by 50.4% by 2032, using 2022 as the base year. Additionally, the company targets a 30% reduction in absolute Scope 3 emissions over the same timeframe. These commitments align with the Science Based Targets initiative (SBTi), demonstrating UL's dedication to a low-carbon future. The emissions data and targets are cascaded from UL Solutions Inc., reflecting their corporate family relationship. UL's ongoing efforts and commitments underscore its role in promoting sustainability within the professional services sector, headquartered in the United States.
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| 2018 | 2019 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 14,443,350 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 15,333,090 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ul is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
