U-Haul Holding Company
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Sustainability
Environmental Achievements
- Basic business premise of equipment sharing helps reduce greenhouse gas emissions and reduces the inventory of total large capacity vehicles.
- Dedicated to manufacturing reusable components and recyclable products.
Social Achievements
- Workforce is a reflection of, and as diverse as, the customers we serve.
- Focus on system members’ wellness (physical, emotional, financial).
- Offer community outreach through volunteer opportunities and in-kind donations.
- Strong supporter of military members and their families.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Higher costs impacting all parts of operation (fleet prices increased astronomically).
- Self-storage is very competitive.
- Current market conditions are not helping long-term efforts to expand footprint in underserved markets.
- Moving transactions lagged behind expectations this fiscal year.
- Consumers generally moved shorter distances, resulting in fewer miles traveled per transaction.
Mitigation Strategies
- Working on value proposition to encourage customers to accept cost increases.
- Implementing new initiatives to improve customer service (expanding U-Haul app capabilities, improving rental equipment management, effective marketing, expanding accessibility, enhancing staffing).
- Expanding independent dealer network.
- Investing in U-Box program.
- Continuing to look for ways to reduce waste within the business.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Existing and future laws or regulations favoring electric, autonomous, and connected vehicles may negatively impact the composition of our fleet and negatively affect our business and results of operations.
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed