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 98% 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 greenhouse gas emissions of approximately 22555000 kg CO2e for Scope 1, 44573000 kg CO2e for Scope 2, and 119329000 kg CO2e for Scope 3 emissions. This represents a total of about 67128000 kg CO2e for combined Scope 1 and 2 emissions. The company has set ambitious reduction targets, committing to the Science Based Targets initiative (SBTi). By 2032, UL aims to reduce its absolute Scope 1 and 2 emissions by 50.4% from a 2022 baseline, while also targeting a 30% reduction in Scope 3 emissions, which include categories such as purchased goods and services, capital goods, and business travel. In the near term, UL is focused on implementing energy conservation initiatives across its global campuses, with a goal of improving efficiency and transitioning to a low-carbon economy. The company has also committed to reducing worldwide energy usage by 15% by 2025. Overall, UL Solutions Inc. is actively working towards significant emissions reductions and aligning its operations with global climate goals, demonstrating a commitment to sustainability and environmental responsibility.
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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.
