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) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 183a | 223a | 227a | |
Total Scope 2 | ||||
Market-Based | 6,091a | 5,824a | 6,875a | |
Location-Based | 5,990a | 5,800a | 6,849a | |
Total Scope 3 | 2,417a | 1,341a | 420a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.2314a | 0.3093a | 0.3694a |
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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).a
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.a
In 2023, the total Scope 1 emissions of Iridium Communications were 183 metric tons of CO₂ equivalent (tCO₂e).a
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.ac
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.a
In 2023, Iridium Communications reported Scope 2 greenhouse gas (GHG) emissions of 6,091 tCO₂e using the market-based method and 5,990 tCO₂e using the location-based method.a
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.ac
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.a
In 2023, Iridium Communications reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2023, Iridium Communications reported 2,417 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
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.a
In 2023, Iridium Communications reported total Scope 3 emissions of 2,417 metric tons of CO₂ equivalent (tCO₂e).a
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.a
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.ab
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.a
In 2023, Iridium Communications reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2023, the largest contributors to Iridium Communications's Scope 3 emissions were:a
In 2023, Iridium Communications reported Scope 1 greenhouse gas (GHG) emissions of 183 tCO₂e and total revenues of USD 791 millions. This translates into an emissions intensity of 0.23 tCO₂e per millions USD.a
In 2023, Iridium Communications reported a Scope 1 emissions intensity of 0.23 tCO₂e per millions USD. Compared to the peer group median of 3.72, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2023, Iridium Communications ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Iridium Communications among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2023, Iridium Communications reported a total carbon footprint of 8,590 metric tons of CO₂ equivalent (tCO₂e) 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.a
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%.a