HUB GROUP INC
HUB Group Inc., a leading logistics and transportation company headquartered in the United States, has been a pivotal player in the industry since its founding in 1971. With a strong presence across major operational regions, including North America, HUB Group excels in intermodal transportation, logistics management, and supply chain solutions. The company is renowned for its innovative approach to freight transportation, offering unique services that enhance efficiency and reduce costs for clients. Notable achievements include a robust market position as one of the top intermodal providers in the country, underscoring its commitment to excellence and customer satisfaction. HUB Group continues to set industry standards, leveraging technology and strategic partnerships to deliver tailored solutions that meet the evolving needs of businesses.
DitchCarbon Score
How does HUB GROUP INC'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 Maritime Transport 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
HUB GROUP INC's score of 18 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HUB GROUP INC's reported carbon emissions
In 2020, Hub Group Inc. reported total carbon emissions of approximately 1,169,177,250 kg CO2e. This figure includes Scope 1 emissions of about 557,460,940 kg CO2e, Scope 2 emissions of approximately 5,143,700 kg CO2e, and significant Scope 3 emissions, particularly from upstream transportation and distribution, amounting to about 606,572,600 kg CO2e. To address its carbon footprint, Hub Group has initiated several reduction initiatives aimed at achieving net-zero emissions. The company is focusing on both Scope 1 and Scope 2 emissions, with plans to invest nearly $100 million in newer, more efficient trucks to replace older models. Additionally, Hub Group is preparing the necessary infrastructure for a fleet of electric vehicles, with these initiatives set to commence in 2023 and continue through 2025. Hub Group's commitment to reducing emissions aligns with industry standards and reflects a proactive approach to climate action, although specific percentage reduction targets have not been disclosed. The emissions data is not cascaded from any parent company, indicating that Hub Group is independently reporting its climate impact and commitments.
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| 2020 | |
|---|---|
| Scope 1 | 557,460,940 |
| Scope 2 | 5,143,700 |
| Scope 3 | 606,572,600 |
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.
HUB GROUP INC is not participating in any 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.
