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Public Profile
Machinery Rental
US
updated 10 days ago

Upbound Group, Inc.

Company website

Upbound Group, Inc., a leading player in the cloud-native technology sector, is headquartered in the United States. Founded in 2017, the company has rapidly established itself as a pioneer in the realm of open-source solutions, particularly with its flagship product, Upbound Universal Crossplane. This innovative platform enables organisations to manage their cloud infrastructure seamlessly, promoting efficiency and scalability. With a strong presence across North America and Europe, Upbound Group focuses on empowering enterprises to adopt cloud-native practices through its unique offerings. The company has garnered recognition for its commitment to community-driven development and has achieved significant milestones, including strategic partnerships and contributions to the open-source ecosystem. As a result, Upbound Group, Inc. is well-positioned as a trusted leader in the cloud management industry.

DitchCarbon Score

How does Upbound 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.

36

Industry Average

Mean score of companies in the Machinery Rental 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.

24

Industry Benchmark

Upbound Group, Inc.'s score of 36 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

69%

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Upbound Group, Inc.'s reported carbon emissions

In 2023, Upbound Group, Inc. reported total carbon emissions of approximately 99,186,500 kg CO2e. This figure includes Scope 1 emissions of about 58,951,600 kg CO2e, primarily from mobile combustion (approximately 40,939,200 kg CO2e) and stationary combustion (about 18,012,300 kg CO2e). Additionally, Scope 2 emissions totalled around 40,234,900 kg CO2e, all attributed to purchased electricity. Comparatively, in 2022, the company’s total emissions were approximately 91,338,000 kg CO2e, with Scope 1 emissions at about 47,263,000 kg CO2e and Scope 2 emissions at approximately 44,075,000 kg CO2e. This indicates a rise in emissions from 2022 to 2023. Upbound Group has set near-term climate commitments aimed at achieving net-zero emissions for both Scope 1 and Scope 2 by 2025. This initiative is supported by their transition to cloud services powered by 100% renewable energy through partnerships with AWS and Azure, which is expected to significantly reduce their greenhouse gas emissions. The company does not currently report Scope 3 emissions, and there are no SBTi targets cascaded from a parent organisation, as Upbound Group operates independently in this regard.

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20222023
Scope 1
47,263,000
00,000,000
Scope 2
44,075,000
00,000,000
Scope 3
-
-

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Upbound Group, Inc.'s primary industry is Renting services of machinery and equipment without operator and of personal and household goods (71), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Upbound Group, Inc. is in US, which has a low grid carbon intensity relative to other regions.

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.

Upbound 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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