Universal Corporation, often referred to simply as Universal, is a leading player in the global tobacco industry, headquartered in the United States. Founded in 1886, the company has established a strong presence in key operational regions, including North America, South America, and Africa. Specialising in the sourcing, processing, and marketing of tobacco and tobacco-related products, Universal is renowned for its commitment to quality and sustainability. The company’s core offerings include leaf tobacco, which is distinguished by its superior quality and traceability. With a robust market position, Universal has achieved notable milestones, including significant advancements in sustainable agricultural practices. As a trusted partner to manufacturers worldwide, Universal continues to shape the future of the tobacco industry through innovation and responsible stewardship.
How does Universal'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.
Mean score of companies in the Tobacco Products 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.
Universal's score of 61 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Universal Corporation reported total greenhouse gas emissions of approximately 95,448,000 kg CO2e for Scope 1 and about 49,868,000 kg CO2e for Scope 2. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by FY2050. For near-term targets, Universal Corporation plans to reduce absolute Scope 1 and 2 emissions by 45% by FY2030 from a FY2024 baseline. Additionally, it aims to cut Scope 3 emissions—covering purchased goods and services, capital goods, and waste generated in operations—by 25% within the same timeframe. Long-term, the company targets a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by FY2050, also committing to no deforestation linked to its primary commodities by December 31, 2025. Overall, Universal Corporation's climate strategy reflects a strong commitment to sustainability and aligns with industry standards for reducing greenhouse gas emissions.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 114,537,000 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 00,000,000 | 000,000,000 |
Scope 2 | 48,349,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 000,000,000 |
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.
Universal 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.