HUB GROUP INC Sustainability Profile
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 55% 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 from upstream transportation and distribution, amounting to about 606,572,600 kg CO2e. The company is actively pursuing initiatives to reduce its carbon footprint, particularly focusing on Scope 1 and Scope 2 emissions. In 2022, Hub Group committed to investing nearly $100 million in newer, more efficient trucks to replace older models and is preparing the necessary infrastructure for a fleet of electric vehicles. These initiatives are part of their near-term climate commitments, aimed at achieving net-zero emissions by 2025. Hub Group's emissions data is not cascaded from any parent organisation, indicating that the reported figures are solely from their own operations. The company continues to work on enhancing its sustainability practices and reducing its overall environmental impact.
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| 2020 | |
|---|---|
| Scope 1 | 557,460,940 |
| Scope 2 | 5,143,700 |
| Scope 3 | 606,572,600 |
How Carbon Intensive is HUB GROUP INC's Industry?
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HUB GROUP INC's Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 52% of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
HUB GROUP INC's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
HUB GROUP INC has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
