UPS Publishes 18th Annual Sustainability Report Highlighting Progress

ATLANTA, June 30, 2020 (GLOBE NEWSWIRE) --

• Announces achievement of obtaining four 2020 goals, one year early
• Showcases leadership in comprehensive reporting & disclosure
• Issues company’s first ever Sustainability Accounting Standards Board (SASB) Report

UPS (NYSE:UPS) today announced the launch of its 18^th annual Sustainability Report, “Accelerating Sustainable Solutions.” The digital Report is fully interactive and details efforts that took place during 2019 to advance the company’s 2020 and 2025 sustainability goals in alignment with its enterprise strategy.

Most notable is surpassing four goals one year ahead of schedule, including:

• $123.8 million in charitable contributions,
• 21.7 million employee volunteer hours,
• 15.4 million trees planted, and,
• a 3.1% reduction in auto accident frequency.

“UPS established sustainability goals in 2016 to address our environmental impacts, advance industry-leading safety programs, and strengthen the communities where we live and work,” said Suzanne Lindsay-Walker, UPS chief sustainability officer (CSO) and vice president of environmental affairs. “We believe our customers and stakeholders deserve the most credible information about our sustainability performance. That’s why we are an industry leader in comprehensive sustainability reporting and disclosure that meets global standards.”

In addition, UPS is expanding our disclosure for investors by introducing our first Sustainability Accounting Standards Board (SASB) report. The report allows investors to more easily compare companies within and across industries. It also highlights UPS’s commitment to further align business imperatives with sustainability strategies, including the company’s ongoing efforts with alternative fuels.
         
In the last decade, UPS has invested more than $1 billion in alternative fuel and advanced technology vehicles and supporting infrastructure. The company is now the largest user of renewable natural gas in the transportation industry and has a specialized alternative fuel and advanced technology fleet of more than 10,300 vehicles. Recently, UPS announced plans to purchase more than 6,000 natural gas trucks through 2022. And, in January, UPS announced an investment in the UK-based technology startup Arrival and committed to buy 10,000 of its electric vehicles.