Iridium Communications Inc

Common Name
Iridium Communications
Country
United States
Sector
Communication Services
Industry
Telecom Services
Employees
873
Ticker
IRDM
Exchange
NASDAQ/NGS
Description
Iridium Communications Inc. provides global satellite communication solutions primarily through its Iridium satellite network, the only comprehensive satellite constellation offering coverage over the...

Iridium Communications's GHG Emissions Data Preview

In 2023, Iridium Communications completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Iridium Communications has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Iridium Communications's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Iridium Communications amounted to 6,173 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Iridium Communications increased by 2.49%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Iridium Communications's Scope 1 Emissions Over Time

20192020202120222023060120180240tCO2e-3%+1%-2%-18%
  • Total Scope 1
  • Year-over-Year Change

What are Iridium Communications's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Iridium Communications were 183 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Iridium Communications reduced its Scope 1 emissions over time?

Since 2019, Iridium Communications's Scope 1 emissions have decreased by 20.78%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Iridium Communications's Scope 1 emissions decreased by 17.94%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Iridium Communications's Scope 2 emissions?

In 2023, Iridium Communications reported Scope 2 greenhouse gas (GHG) emissions of 6,091 tCOâ‚‚e using the market-based method, and 5,990 tCOâ‚‚e using the location-based method.

Has Iridium Communications reduced its Scope 2 emissions over time?

Since 2019, Iridium Communications's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 29.79%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Iridium Communications's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Iridium Communications 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Iridium Communications use for Scope 2 reporting?

In 2023, Iridium Communications reported its Scope 2 emissions using the market-based method and using the location-based method.

Iridium Communications's Scope 2 Emissions Over Time

2019202020212022202302.5 k5 k7.5 k10 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Iridium Communications's Value Chain Emissions

In 2023, Iridium Communications reported 2,417 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Iridium Communications includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Iridium Communications's Scope 3 Emissions Over Time

201920202021202220230650 k1.3 M1.95 M2.6 MtCO2e-100%+27%+219%+80%
  • Total Scope 3
  • Year-over-Year Change

What are Iridium Communications's Scope 3 emissions?

In 2023, Iridium Communications reported total Scope 3 emissions of 2,417 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Iridium Communications reduced its Scope 3 emissions over time?

Since 2019, Iridium Communications's Scope 3 emissions have decreased by 99.9%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Iridium Communications's Scope 3 emissions increased by 80.24%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Iridium Communications disclose?

In 2023, Iridium Communications reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Iridium Communications's Scope 3 emissions?

In 2023, the largest contributors to Iridium Communications's Scope 3 emissions were:

  • Business Travel (Cat. 6): 2,417 tCOâ‚‚e (100%)

Iridium Communications's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

Insights into Iridium Communications's Total Carbon Footprint

In 2023, Iridium Communications reported a total carbon footprint of 8,590 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.65% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Iridium Communications's total carbon footprint was Scope 2 emissions, accounting for 69.73% of the company's total carbon footprint, followed by Scope 3 emissions at 28.14%.

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