Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity, Equity, and Inclusion
• Safety
• Community Engagement
• Human Rights
• Network Efficiency
• Innovation

Environmental Achievements

• Avoided an estimated 3.5 million MT CO2e emissions by converting over-the-road loads to intermodal
• Reduced carbon emissions by 1,543 MT CO2e through a truck idle reduction program
• Reduced carbon emissions by 6,112 MT CO2e by eliminating 4.3 million empty miles through J.B. Hunt 360°
• Reduced carbon emissions by 21,877 MT CO2e through the use of automated manual transmissions (AMTs)

Social Achievements

• Launched a fifth employee resource group, PLUS(+), for LGBTQIA+ employees and supporters
• Celebrated the first 5 million-mile safe driver
• Distributed nearly 300,000 pieces of PPE to medical facilities in Northwest Arkansas
• Hosted COVID-19 vaccine clinics at corporate headquarters and other facilities
• Implemented a COVID-19 paid time off (PTO) policy
• Provided bonuses totaling $14 million to drivers and field operations personnel
• Implemented touchless proof of delivery (POD) to minimize physical contact and reduce paper waste
• Increased overall AAmERG membership by 33%

Governance Achievements

• Expanded ESG disclosures to include TCFD and GRI performance indicators
• Conducted an internal review of material topics, including surveys and interviews with key stakeholders
• Integrated unconscious bias training into leadership and new hire trainings
• Created a standalone DEI virtual training course
• Broadened the role of Shelley Simpson to include EVP of People and Human Resources
• Hired Jermaine Oldham as the first VP of Inclusion

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions caused by the COVID-19 pandemic
• Challenges in converting over-the-road shipments to intermodal due to regulatory changes and extreme weather
• Challenges related to alternative energy vehicles, including capital costs, operational costs, and infrastructure limitations

Mitigation Strategies

• Activated the Business Continuity and Disaster Recovery (BCDR) Team
• Adjusted daily operations to ensure employee safety
• Leveraged network density and service offerings to meet customer needs
• Expanded health and safety policies and protocols for Final Mile Services
• Implemented an eBOL to reduce physical contact during deliveries
• Proactively participated in alternative fuel vehicle pilot programs
• Collaborated with OEMs, fuel suppliers, and infrastructure developers to address challenges related to alternative energy vehicles

Supply Chain Management

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products and services
• Opportunities created by the low-carbon transition

Reporting Standards

Frameworks Used: GRI Standards: Core option, SASB, TCFD

Third-party Assurance: Ruby Canyon Environmental (limited assurance)

Sustainable Products & Innovation

• J.B. Hunt 360° multimodal digital freight marketplace

Awards & Recognition

• USEPA 2020 SmartWay® Excellence Award
• USEPA 2020 SmartWay® High Performer: Multimodal Carrier
• Forbes list of America’s Best Employers for Diversity in 2021
• FreightWaves 2021 FreightTech 25

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity & Inclusion
• Governance
• Employee Well-being
• Community Investment
• Supply Chain Sustainability

Environmental Achievements

• Estimated 3.6 million metric tons of CO2e emissions avoided by converting over-the-road loads to intermodal in 2022.
• Avoided fuel use of 365 million gallons of diesel through various initiatives.

Social Achievements

• Launched a new Employee Resource Group (CAAPITAL) in 2022, bringing the total number of ERG members to over 5,000.
• Record investments in employee pay in 2022.
• Enhanced employee benefits, including expanded mental health resources, new parental leave options, and fertility benefits.
• Company and employee contributions exceeding $6.6 million towards J.B. Hunt’s giving pillars of Healthcare, Veterans, Crisis Management and Education in 2022.

Governance Achievements

• Established an Inclusion Council in 2022 comprised of influential senior leaders to promote inclusion throughout the business.
• Maintained a strong corporate governance structure with a mostly independent Board of Directors and three supporting committees (Audit, Executive Compensation, and Nominating and Corporate Governance).

Climate Goals & Targets

Environmental Challenges

• Challenges in transitioning to a low-carbon economy, including the availability and cost-effectiveness of alternative energy vehicles and fuels.
• Acute physical risks from increased adverse weather events impacting business continuity and on-time delivery.
• Chronic physical risks such as increased maintenance and repair costs due to climate change.

Mitigation Strategies

• Setting a new goal to reduce carbon emission intensity by 32% by 2034.
• Investing in zero-emission technologies (battery electric and hydrogen fuel cell trucks), implementing operational efficiencies, and expanding the use of biogenic fuels.
• Monitoring acute physical risks and having an extensive network and relationships with other transportation providers to help reroute goods during adverse weather events.
• Driver training on handling inclement weather.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Decreased business through disruption to operations and business continuity due to increased adverse weather events.
• Increased costs from increased frequency in maintenance and repair work due to physical damage.
• Increased operational costs from the need for more intensive climate control and potentially the need to relocate operations due to sea level rise.

Transition Risks

• Emerging regulations
• Transition to low-emission technology
• Market changes
• Reputational risks

Opportunities

• Increased revenue related to addressing the risk of climate change.
• Competitive edge from carbon reduction initiatives.

Reporting Standards

Frameworks Used: GRI Standards, SASB, TCFD

Third-party Assurance: Ruby Canyon Environmental

Sustainable Products & Innovation

• CLEAN Transport carbon-neutral program

Awards & Recognition

• America’s Best Employers for Diversity 2022 (Forbes)
• Top Company for Women to Work for in Transportation (Women In Trucking)
• Military Friendly Employer (VIQTORY)

Environmental Metrics

ESG Focus Areas

• Climate Change
• Safety
• Employee Well-being
• Diversity & Inclusion
• Governance
• Customer Satisfaction
• Supply Chain Efficiency
• Community Engagement

Environmental Achievements

• Surpassed the halfway mark to achieving a 32% reduction in carbon emissions intensity by 2034 from the 2019 baseline.
• 65% of total fuel purchased was bio-blended diesel and renewable diesel; total weighted average of fuel from renewable sources was 24%.
• Estimated emissions avoided by converting over-the-road loads to intermodal in 2023: 4,096,147 metric tons CO2e
• Estimated emissions avoided through continued fleet modernization and improved fuel efficiency in 2023: 30,000+ MT CO2e
• Avoided more than 4 million empty miles with J.B. Hunt 360° platform in 2023.

Social Achievements

• Significant reduction in DOT preventable accidents per million miles (best safety performance in company history).
• Improved CSA scores for maintenance teams.
• Received 10 national culture awards.
• Total shared members in six Employee Resource Groups: 6,000+
• Company contributions toward J.B. Hunt’s company giving pillars: $1 Million+

Governance Achievements

• Improved data accessibility and transparency with the launch of an ESG reporting section on jbhunt.com.
• Created a multiyear plan to ensure compliance with California’s Advanced Clean Fleets rule (ACF), Clean Truck Check (CTC), and Transport Refrigeration Unit (TRU) regulations.

Climate Goals & Targets

Environmental Challenges

• Challenges in achieving the second half of the ambitious goal to reduce carbon emissions intensity by 32% by 2034.
• Pending litigation regarding CARB timelines for reporting and enforcement of ACF, CTC, and TRU regulations.

Mitigation Strategies

• Outstanding sustainability team and leadership.
• Multiyear plan to ensure ACF, CTC, and TRU compliance.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Transition Risks

• Regulatory changes (e.g., CARB regulations)

Opportunities

• Mode conversion (intermodal)
• Biogenic fuels
• Route optimization
• Alternative vehicles

Reporting Standards

Frameworks Used: GRI Standards, SASB, TCFD

Third-party Assurance: Ruby Canyon Environmental (Scope 1, 2, and partial Scope 3)

Sustainable Products & Innovation

• CLEAN Transport™ Carbon Calculator
• CLEAN Transport™ carbon-neutral shipping program
• Quantum intermodal service
• New intermodal service between Mexico markets

Awards & Recognition

• Women in Trucking’s 2023 Most Influential Woman of the Year in Trucking
• 2024 Women in Trucking’s Driver of the Year
• 2024 Best Investor Relations Officer (Mid-Cap) by IR Magazine
• 2024 Veteran Champions of the Year in Corporate America
• Women in Trucking’s 2024 Top Women to Watch
• Top 3PL for the fourteenth consecutive year by Inbound Logistics
• Top 100 Trucker for the fourteenth consecutive year by Inbound Logistics
• Top 75 Green Supply Chain Partner (G75) for the thirteenth consecutive year by Inbound Logistics
• One of America’s Best Large Employers for 2024 by Forbes
• Industry Top Rated Badge from Morningstar Sustainalytics
• One of America’s Climate Leaders by USA Today for 2024
• Second on Transport Topics’ list of Top Dedicated Contract Carriers
• Fifth on Transport Topics’ list of Top 100 Logistics Companies
• Third on Transport Topics’ list of Top 100 List of Largest For-Hire Carriers
• Top 3PL and Cold Storage Provider for the eleventh time by Food Logistics
• One of the World’s Most Admired Companies 2023 by Fortune Magazine
• To the FreightTech 25 List for 2023 by FreightWaves
• Multiple Quest for Quality Awards from Logistics Management
• Top Company for Women to Work for in Transportation by Women in Trucking
• Military Friendly Employer for the seventeenth consecutive year by VIQTORY
• One of Fortune World’s Most Admired Companies for 2024
• Bronze Medal in recognition of sustainability achievement from EcoVadis
• Score of B from CDP for the fourth consecutive year
• AA rating from MSCI
• Sustainability leadership by CN EcoConnexions
• Ranked 280 on the Fortune 500 list
• One of America’s Best Employers for Women by Forbes
• One of America’s Best Large Employers by Forbes
• One of America’s Greatest Workplaces for Job Starters by Newsweek
• One of America’s Greatest Workplaces for Women by Newsweek
• One of America’s Greatest Workplaces by Newsweek
• One of America’s Greatest Workplaces for Parents and Families by Newsweek
• One of America’s Greatest Workplaces for Diversity by Newsweek