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OrganisationsWestern Union
Western Union logo

Western Union

Financial IntermediationUnited StatesNYSE: WU
Last verified 10 months agowesternunion.com

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.

31
DitchCarbon score

-4 vs industry average

Western Union’s score of 31 is higher than 51% 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

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.062
20192025

The Financial Intermediation industry has increased its overall emissions by 11% since 2019

Emissions trajectory 2020 – 2025

00.0M00.0M0.0M0.0M0

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202020212022202320242025

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Western Union's reported carbon emissions

In 2022, Western Union reported total carbon emissions of approximately 12,953,000 kg CO2e, comprising 4,648,000 kg CO2e from Scope 1 and 8,305,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data for this year. In comparison, the 2021 emissions data indicated a total of approximately 12,125,000 kg CO2e, with Scope 1 emissions at 4,828,000 kg CO2e, Scope 2 emissions (market-based) at 7,297,000 kg CO2e, and Scope 3 emissions from purchased goods and services at 828,000 kg CO2e. 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 reflects the company's commitment to achieving significant reductions in its operational carbon footprint. The emissions data is sourced directly from The Western Union Company, with no cascading from a parent or related organization.

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Western Union’s Climate Goals (2030 & 2050)

2 goals

2025

We aim to reduce our Scope 1 emissions to near zero by the m…

We aim to reduce our Scope 1 emissions to near zero by the middle of this decade.

Insufficient data0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

See all 2 climate goals

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Scope 3 top emissions categories

1 of 15 categories disclosed
Purchased Goods & Services100%
Purchased Goods & Services100%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Western Union logoWestern Union
USFinancial Intermediation
10 months ago
31
Moody’s Investors Service, Inc logoMoody’s Investors Service, Inc
USBusiness Services
4 days ago
100
View
Worldline logoWorldline
FRFinancial Intermediation
16 days ago
99
View
Wise logoWise
GBFinancial Intermediation
15 days ago
81
View
Bank Of Nova Scotia logoBank Of Nova Scotia
CAFinancial Intermediation
9 days ago
80
View
Verisk Analytics logoVerisk Analytics
USResearch Services
5 days ago
76
View
Fidelity National Information Services, Inc. logoFidelity National Information Services, Inc.
USComputer Services
8 minutes ago
71
View

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Ditchcarbonv260319.2
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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London W1W 5PF

Platform

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  • Company Emissions Data for Financial Services
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  • Sustainable Sourcing: A Strategy for Decarbonisation
  • Smarter Supplier Engagement: Reduce Burden, Drive Decarbonisation
  • SBTi-Aligned Baselining

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