Wheels Sustainability Profile
Wheels, Inc., a leading provider of mobility solutions, is headquartered in the United States and operates extensively across North America. Founded in 1939, the company has established itself in the fleet management industry, offering innovative services that streamline vehicle leasing and management for businesses of all sizes. Wheels is renowned for its comprehensive suite of services, including vehicle acquisition, maintenance, and telematics, which set it apart in a competitive market. With a strong focus on sustainability and technology, Wheels has achieved significant milestones, such as expanding its electric vehicle offerings and enhancing its digital platforms. Recognised for its commitment to customer service and operational excellence, Wheels continues to solidify its position as a trusted partner in the mobility sector, catering to the evolving needs of modern businesses.
DitchCarbon Score
How does Wheels'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 Land Transportation 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
Wheels's score of 14 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Wheels's reported carbon emissions
In 2022, Wheels Up Experience Inc. reported total carbon emissions of approximately 1,970,000,000 kg CO2e. This figure encompasses emissions across all scopes, with Scope 1 emissions at about 57,060,000 kg CO2e, Scope 2 emissions at approximately 46,224,000 kg CO2e, and Scope 3 emissions reaching about 1,910,176,000 kg CO2e. The significant contribution to Scope 3 emissions is primarily from the use of sold products, which accounted for approximately 1,243,524,580 kg CO2e. Wheels has not set specific reduction targets or initiatives as part of their climate commitments, and there are no reported SBTi (Science Based Targets initiative) reduction targets. The company does not appear to inherit emissions data from a parent organization, indicating that all reported figures are independently sourced. Overall, Wheels is actively monitoring its carbon footprint but currently lacks defined strategies for emissions reduction.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 38,386,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 44,387,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 39,103,000 | 00,000,000 | 0,000,000,000 |
How Carbon Intensive is Wheels's Industry?
How Carbon Intensive is Wheels's Location?
Wheels's Scope 3 Categories Breakdown
Wheels's Scope 3 emissions, which increased significantly last year and increased significantly since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 65% of Scope 3 emissions.
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Wheels's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Wheels has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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