Independent Accounts’ Examination Report Loading...

Board of Directors, Shareowners, and Stakeholders
United Parcel Service, Inc.
Atlanta, Georgia 


We have examined the accompanying Statement of Greenhouse Gas Emissions (“Statement of GHG Emissions”) of United Parcel Service, Inc. (the “Company”) for the years ended December 31, 2012, December 31, 2011, and December 31, 2010. The Company’s management is responsible for the Statement of GHG Emissions. Our responsibility is to express an opinion based on our examination. 

Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants, which includes AT Section 101, Attest Engagements, and, accordingly, included obtaining an understanding of the nature of the Company’s greenhouse gas emissions and its internal control over greenhouse gas emissions information, examining, on a test basis, evidence supporting the Company’s Statement of GHG Emissions and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. 

Environmental and energy use data are subject to inherent limitations, given the nature and the methods used for determining such data. The selection of different but acceptable measurement techniques can result in materially different measurements. The precision of different measurement techniques may also vary. 

As described in Notes 1 and 7, the Company is reporting on the following seven of the fifteen Scope 3 categories described in the Greenhouse Gas Protocol Corporate Value Chain (Scope 3) Accounting & Reporting Standard: fuel and energy related activities, transportation and distribution, waste generated in operations, business travel, employee commuting, end-of-life treatment of sold products and franchises. As a result, Scope 3 emissions reported in the Statement of GHG Emissions do not represent a complete GHG emissions inventory of the Company for Scope 3. 
In our opinion, the Statement of GHG Emissions referred to above for the years ended December 31, 2012, December 31, 2011, and December 30, 2010, is presented, in all material respects, in conformity with the Greenhouse Gas Protocol Corporate Accounting and Reporting Standard and the Corporate Value Chain (Scope 3) Accounting and Reporting Standard published by the World Business Council for Sustainable Development and the World Resources Institute. 
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May 22, 2013