Upbound Group, Inc., headquartered in the United States, is a leading player in the renting services of machinery and equipment without operator, as well as personal and household goods. Established in 2017, the company has rapidly expanded its operational footprint across major regions in the US, catering to diverse customer needs.
Specialising in a wide range of rental equipment, Upbound Group distinguishes itself through its commitment to quality and customer service. The company offers an extensive inventory that includes everything from construction machinery to household items, ensuring that clients have access to the tools they need for any project.
With a strong market position, Upbound Group has achieved notable milestones, including significant partnerships and a growing customer base. Its focus on innovation and reliability continues to set it apart in the competitive rental services industry.
-10 vs industry average
Upbound Group, Inc.’s score of 26 is lower than 35% 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
Machinery Rental has below-average carbon intensity
Industry performance
The Machinery Rental industry has reduced its overall emissions by 26% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Upbound Group, Inc.'s reported carbon emissions
Upbound Group, Inc., headquartered in the US and operating in the machinery and equipment rental services sector, reported approximately 99.2 million kg CO2e in total emissions for 2023. This figure encompasses Scope 1 and Scope 2 emissions, with Scope 1 contributing around 59.0 million kg CO2e from stationary and mobile combustion, and Scope 2 accounting for approximately 40.2 million kg CO2e from purchased electricity. In 2022, the company's total emissions were approximately 91.3 million kg CO2e, comprising roughly 47.3 million kg CO2e from Scope 1 (stationary and mobile combustion) and 44.1 million kg CO2e from Scope 2 (purchased electricity). Upbound Group, Inc. has not yet reported Scope 3 emissions. Upbound Group, Inc. has established several climate commitments. By 2030, the company aims to reduce its Scope 1 and Scope 2 emissions by 25%. Furthermore, a long-term goal is to achieve net-zero Scope 1 and Scope 2 emissions by 2050. Additionally, the company is committed to reducing its greenhouse gas emissions by transitioning to cloud platforms like AWS and Azure, which are committed to using 100% renewable energy by 2025.
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Upbound Group, Inc.’s Climate Goals (2030 & 2050)
6 goals2030
25% reduction in Scope 1
We aim to reduce our Scope 1 emissions by 25% by 2030
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Upbound Group, Inc.
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