Western Union Company, a leader in the financial services industry, is headquartered in the United States and operates extensively across North America, Europe, Asia, and Latin America. Founded in 1851, Western Union has evolved from a telegraph company to a global powerhouse in money transfer and payment services, marking significant milestones along the way. The company offers a range of core services, including international money transfers, bill payments, and money orders, distinguished by their extensive network of agents and locations worldwide. With a strong market position, Western Union is renowned for its reliability and speed, facilitating millions of transactions annually. Its commitment to innovation and customer service has solidified its reputation as a trusted name in cross-border payments, making it a preferred choice for individuals and businesses alike.
How does Western Union'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.
Mean score of companies in the Financial Intermediation 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.
Western Union's score of 44 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Western Union reported total carbon emissions of approximately 11,301,000 kg CO2e, comprising 4,132,000 kg CO2e from Scope 1 and 7,169,000 kg CO2e from Scope 2 emissions. Additionally, the company recorded 2,166,000 kg CO2e in Scope 3 emissions, specifically from purchased goods and services. This data reflects a commitment to transparency in their environmental impact. In comparison, the 2022 emissions were about 12,953,000 kg CO2e, with Scope 1 emissions at 4,648,000 kg CO2e and Scope 2 emissions at 8,305,000 kg CO2e. The company has shown a slight decrease in total emissions from 2022 to 2023. Western Union has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. This near-term target underscores their dedication to addressing climate change and aligns with industry standards for sustainability. The company is actively working towards these goals, demonstrating a proactive approach to reducing its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 4,828,000 | 0,000,000 | 0,000,000 |
Scope 2 | 7,297,000 | 0,000,000 | 0,000,000 |
Scope 3 | 828,000 | - | 0,000,000 |
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.
Western Union 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.