UL, officially known as Underwriters Laboratories, is a leading entity in the computer and related services industry, headquartered in the United States. Founded in 1894, UL has established itself as a trusted name in safety science, with a focus on product testing, certification, and advisory services across various sectors.
With a strong presence in North America and expanding operations globally, UL offers a diverse range of services, including risk management, compliance, and sustainability solutions. Its unique approach combines rigorous testing methodologies with innovative technology, ensuring that products meet the highest safety and performance standards.
Recognised for its commitment to quality and safety, UL has achieved significant milestones, including numerous industry certifications and partnerships. As a market leader, UL continues to shape the future of safety and performance in the technology landscape, making it an invaluable resource for businesses seeking to enhance their product offerings.
+7 vs industry average
Ul’s score of 49 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Computer Services has below-average carbon intensity
Industry performance
The Computer Services industry has reduced its overall emissions by 11% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Ul's reported carbon emissions
Ul Emissions and Climate Commitments
Ul, headquartered in the US and operating in the Computer and related services industry, has demonstrated a commitment to reducing its environmental impact.
Greenhouse Gas Emissions:
For the reporting year 2024, Ul reported a total of approximately 223.9 million kg CO2e. This total is comprised of:
- Scope 1: Approximately 22.46 million kg CO2e.
- Scope 2: Approximately 52.07 million kg CO2e (market-based).
- Scope 3: Approximately 149.13 million kg CO2e.
In 2023, Ul's reported Scope 3 emissions were approximately 138.92 million kg CO2e. In 2022, Scope 3 emissions were approximately 124.30 million kg CO2e. For 2019, Ul reported Scope 1 emissions of approximately 12.32 million kg CO2e and Scope 2 emissions of approximately 16.05 million kg CO2e, for a combined total of approximately 28.38 million kg CO2e. In 2018, Scope 1 emissions were approximately 14.44 million kg CO2e and Scope 2 emissions were approximately 15.33 million kg CO2e, for a combined total of approximately 29.78 million kg CO2e.
Climate Commitments and Targets:
Ul has made significant commitments to climate action, aligning with the Science Based Targets initiative (SBTi). This commitment aims to provide a clear pathway towards a low-carbon future.
Specifically, Ul Solutions Inc. has committed to:
- Reducing absolute Scope 1 and Scope 2 greenhouse gas emissions by 50.4% by 2032, using 2022 as the base year.
- Reducing absolute Scope 3 greenhouse gas emissions (from purchased goods and services, capital goods, fuel and energy-related activities, business travel, and upstream leased assets) by 30.0% within the same timeframe.
These targets are consistent with a 1.5°C warming scenario, indicating an alignment with ambitious climate goals. The company's approach to emissions reporting and target setting is inherited from its corporate entity, UL Solutions Inc., with a cascade level of 1 and a current subsidiary relationship.
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Ul’s Climate Goals (2030 & 2050)
3 goals2032
30% reduction in scope 3 total
UL Solutions Inc. also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods, fuel and energy re…
2032
50.4% reduction in Scope 1
UL Solutions Inc. commits to reduce absolute scope 1 GHG emissions 50.4% by 2032 from a 2022 base year.
2032
50.4% reduction in Scope 2
UL Solutions Inc. commits to reduce absolute scope 2 GHG emissions 50.4% by 2032 from a 2022 base year.
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Scope 3 top emissions categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Ul’s sustainability data and climate commitments
Data year: 2024
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