Ul
UL, formerly known as Underwriters Laboratories, is a global safety certification company headquartered in Northbrook, Illinois, USA. Founded in 1894, UL has established itself as a leader in the safety science industry, providing testing, inspection, and certification services across various sectors, including consumer electronics, building materials, and healthcare. With a commitment to innovation, UL offers a range of core services, including product safety testing, performance testing, and sustainability certification, ensuring that products meet rigorous safety standards. The company is renowned for its comprehensive approach to risk management and compliance, making it a trusted partner for businesses worldwide. UL's notable achievements include its role in developing safety standards and its extensive network of laboratories and experts across North America, Europe, and Asia, solidifying its position as a key player in the global market.
DitchCarbon Score
How does Ul'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 Computer Services 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
Ul's score of 44 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ul's reported carbon emissions
In 2024, UL Solutions Inc. reported total greenhouse gas emissions of approximately 22460000 kg CO2e for Scope 1, 52066000 kg CO2e (market-based) and 61511000 kg CO2e (location-based) for Scope 2, and 149126000 kg CO2e for Scope 3 emissions. The Scope 3 emissions breakdown includes significant contributions from purchased goods and services (36215000 kg CO2e), capital goods (27377000 kg CO2e), and business travel (18170000 kg CO2e). For 2023, UL Solutions reported Scope 3 emissions of approximately 138922000 kg CO2e, with similar categories contributing to the total. In 2022, the Scope 3 emissions were about 124301000 kg CO2e, indicating a trend of increasing emissions in this category over the years. UL Solutions has committed to ambitious climate targets under the Science Based Targets initiative (SBTi). The company aims to reduce absolute Scope 1 and 2 GHG emissions by 50.4% by 2032 from a 2022 base year. Additionally, it targets a 30% reduction in absolute Scope 3 emissions, which encompasses emissions from purchased goods and services, capital goods, fuel and energy-related activities, business travel, and upstream leased assets, within the same timeframe. These commitments reflect UL Solutions' dedication to a low-carbon future and align with global efforts to mitigate climate change. The company is currently on track to meet its near-term targets, which span from 2023 to 2025, while its long-term goals extend to 2032.
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| 2018 | 2019 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 14,443,350 | 00,000,000 | - | - | 00,000,000 |
| Scope 2 | 15,333,090 | 00,000,000 | - | - | 00,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Ul is participating in some 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.
