Second Quarter 2018 Consolidated Results • Operating revenues were $730.8 million, compared to $774.5 million in the second quarter of 2017. • Favorable changes in foreign currency exchange rates benefited revenues by $4.7 million. • Same store operating revenues declined 7.5% year-over-year, consistent with the first quarter decline of 7.2%. • Total digital revenues increased 8% to $260.9 million, or approximately 36% of total revenue. • GAAP net income was $16 million, including $22.8 million of after-tax restructuring, asset impairment charges and other costs. Click Read More below for additional information.
UPS announced Corporate Responsibility (CR) Magazine has named the company to its “100 Best Corporate Citizens” annual listing for the tenth straight year. The distinction celebrates the standout environmental, social and governance (ESG) performance of Russell 1000 companies across the United States. It examines seven categories: climate change, environment, governance, employee relations, human rights, finance, and stakeholders and society.
“It’s good to see our ongoing sustainability efforts to continue to be a good neighbor and to mitigate our environmental footprint are being recognized as evidenced by UPS moving up 27 spots on this listing year over year,” said Crystal Lassiter, senior director of global sustainability for UPS. “We’re proud to be honored by CR Magazine among so many other esteemed social responsibility leaders.”
CR Magazine specifically recognized UPS’s sustainability efforts, ranking the company 9 in the environment category and 16 in the stakeholders/society category, which together comprise more than one-third of the scoring criteria. CR Magazine partners with ISS-ESG to compile its annual “100 Best Corporate Citizens” list, evaluating publicly available information from eligible companies across 134 ESG performance measure and disclosure data criteria.
UPS has been honored with several other prominent environmental and social distinctions over the last year, including:
◦Received the Carbon Disclosure Project’s CDP “A” List award
◦Chosen as one of America’s Top 100 Most Sustainable Companies by Barron’s
◦Named to Dow Jones Sustainability North America Index for 14th year in a row & the Dow Jones Sustainability World Index (DJSI World) for sixth consecutive year
◦Recognized on Forbes and JUST Capital’s annual “JUST 100” list for social responsibility for the third consecutive year
◦Selected for the Civic 50, an initiative of Points of Light, for the fifth time
Read the full article from CR Magazine. To learn more about UPS’s sustainability initiatives, please visit www.ups.com/sustainability.