TransUnion

Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.

OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.

EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?

PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.

TransUnion's plan for achieving its Scope 1 and Scope 2 net zero target (by end of 2025) includes utilizing renewable energy purchases either directly or by pairing electricity with renewable energy credits (RECs). For emissions that TransUnion is unable to reasonably avoid, the company purchases RECs and carbon offsets to help mitigate impact. This approach is framed as a core element of TransUnion's holistic energy efficiency strategy.

For emissions TransUnion is unable to reasonably avoid, the company expects to mitigate impact through annual offset purchases. In Q4 2022, TransUnion completed its first offset and renewable energy credit purchase for its annual emissions impact. No further details on offset type, volume, or provider are disclosed in this annual report.

• Data center migration to cloud to reduce Scope 1 and 2 energy consumption

  TransUnion is migrating data from TransUnion-operated data centers to cloud providers as a primary lever to reduce energy consumption and associated GHG emissions. This migration supports the company's operational net zero goal (Scope 1 and 2 by end of 2025) by shifting from owned/operated facilities to third-party cloud infrastructure, reducing direct energy use.

• Real estate consolidation to reduce office energy use and Scope 3 leased asset emissions

  TransUnion pursues a real estate consolidation strategy to more efficiently use office space, reducing costs and environmental impact. This directly addresses the company's Scope 3 Upstream Leased Assets category (leased real estate not within operational control) and supports the 30% reduction target by 2030 (2019 baseline). Consolidation also lowers Scope 2 emissions from leased sites under operational control.

• Cloud migration and real estate footprint reduction to cut Scope 1, 2 and 3 emissions

  TransUnion plans to achieve its GHG reduction targets primarily through renewable energy purchases, cloud migration (Project Rise and OneTru platform), and a real estate consolidation strategy. The operating model optimization program, approved in November 2023, specifically targets reducing the facility footprint, with facility exit restructuring charges of $42.1 million recorded in 2024. Cloud migration shifts workloads off on-premise infrastructure, reducing data center energy consumption. The company considers leased sites within its operational control as part of Scope 2 reporting.

• Real estate consolidation strategy to reduce leased real estate Scope 3 emissions by 30% by 2030

  TransUnion has set a target to reduce Scope 3 GHG emissions from leased real estate by 30% by 2030 using 2019 as baseline. The real estate consolidation strategy is one of three stated mechanisms to achieve climate targets. The November 2023 transformation plan also explicitly includes reducing the company's facility footprint as part of the operating model optimization program.

• Annual carbon offset purchases to mitigate residual unavoidable emissions

  For emissions TransUnion is unable to reasonably avoid, the company expects to mitigate its impact through annual offset purchases. In 2023, TransUnion completed its second offset and renewable energy credit purchase covering its emissions impact for the year. The company describes this as a residual mitigation tool used alongside renewable energy procurement and cloud migration.

• Cloud migration (Project Rise) to reduce energy intensity of technology infrastructure

  Since 2020, TransUnion has been executing Project Rise, a multi-phase global cloud migration expected to complete in 2024 at ~$240M total cost. The environmentally friendly cloud migration is one of the three stated mechanisms for achieving its 2025 net zero Scope 1 and Scope 2 targets. In November 2023, TransUnion announced OneTru, a follow-on initiative to consolidate all product platforms onto a single cloud-based operating system, which will further optimize data center posture and drive operational efficiencies.

• Cloud migration and data centre consolidation to reduce operational emissions

  TransUnion is executing Project Rise, a multi-year hybrid public-private cloud migration. By end of 2024, roughly half of all applications will be in the cloud. In 2022, several applications were deployed to the secure cloud environment and a number of data centres were consolidated. This initiative reduces energy consumption in owned infrastructure and is explicitly cited as part of the strategy to reach operational net zero Scope 1 and 2 by 2025.

• Real estate consolidation to reduce leased-property Scope 3 emissions

  TransUnion targets a 30% reduction in leased real estate Scope 3 emissions by 2030 from a 2019 baseline. The company leases space in over 110 locations globally and is actively consolidating its footprint. This is one of the three stated pillars of its emissions reduction plan alongside renewable energy purchases and cloud migration.

• Upstream leased assets Scope 3 tracking for sites outside operational control

  TransUnion tracks Scope 3 GHG emissions across three categories: Upstream Leased Assets, Waste, and Business Travel. Upstream Leased Assets cover leased real estate where TransUnion does not have sufficient operational control to influence energy sourcing. A 30% reduction target by 2030 (2019 baseline) has been set for this category, making it a key dependent lever in the company's overall climate strategy.

• Scope 3 leased real estate emissions reduction target of 30% by 2030

  TransUnion has set a specific Scope 3 target: 30% reductions on leased real estate Scope 3 emissions by 2030, using 2019 as a baseline. The company defines Scope 3 GHG emissions to include leased real estate other than sites within its operational control captured in Scope 2. TransUnion considers leased sites where it has sufficient influence over energy consumption and sourcing—as determined by an internal survey—to fall within operational control. The methodology may evolve in the future.