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 1,857,487,000 kg CO2e. This figure includes Scope 1 emissions of about 57,060,000 kg CO2e, primarily from mobile combustion, and Scope 2 emissions of approximately 46,224,000 kg CO2e, all from purchased electricity. The most significant contributor to their emissions is Scope 3, which accounted for about 1,910,176,000 kg CO2e, with the use of sold products being the largest category at approximately 1,243,524,580 kg CO2e. Comparatively, in 2021, the total emissions were about 1,704,450,000 kg CO2e, with Scope 1 emissions at approximately 42,541,000 kg CO2e and Scope 2 emissions at around 46,386,000 kg CO2e. The Scope 3 emissions for that year were significantly lower, at about 49,053,000 kg CO2e. Wheels has not set specific reduction targets or climate pledges, and there are no documented initiatives aimed at reducing emissions. The data reported is not cascaded from a parent company, indicating that these figures are solely from Wheels Up Experience Inc. Overall, while Wheels has made strides in reporting their emissions, the absence of reduction targets highlights an area for potential improvement in their climate commitments.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 38,386,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 178,946,000 | 000,000,000 | 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.
Top Scope 3 Categories
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.
