Iress Ltd

Common Name
Iress
Country
Australia
Sector
Technology
Industry
Software - Application
Employees
1,635
Ticker
IRE
Exchange
ASX
Description
Iress Ltd. is a leading technology company specialized in providing software solutions for the financial services industry. Its primary function is to develop and supply financial services software th...

Iress's Climate Target Data Preview

As of 2024, Iress has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Iress ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030

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Insights into Iress's Greenhouse Gas Emissions Pathways

As of 2024, Iress has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Iress have a target to reduce the emissions from its operations?

As of 2024, Iress has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Iress's most ambitious operational target is to reduce these emissions by 69.3% by 2030, compared to a baseline of 2,049 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2024, Iress is ahead of schedule on its operational emissions reduction target, having achieved 95.84% of the planned reduction. a

Iress's Operational (Scope 1+2) Emissions Pathway

20192024203005501.1 k1.65 k2.2 kBaselineCurrent (-66%)

Does Iress have a target to reduce the emissions from its value chain?

As of 2024, Iress has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Iress's most ambitious value chain target is to reduce these emissions by 27.5% by 2030, compared to a baseline of 21,947 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

Iress has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a

Iress's Value Chain (Scope 3) Emissions Pathway

20192024203005.5 k11 k16.5 k22 kBaselineCurrent (-37%)
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