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Xero Ltd

Common Name
Xero
Country
New Zealand
Sector
Technology
Industry
Software - Application
Employees
4,615
Ticker
XRO
Exchange
ASX
Description
Xero Limited is a leading provider of cloud-based business management software, specializing in online accounting and financial solutions for small businesses and their advisors. Headquartered in Well...

Xero's Climate Target Data Preview

As of 2025, Xero 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 Xero's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Downstream Leased Assets (Cat. 13), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2034
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2034
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Verified Sources Behind Xero’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Xero’s data sources below and access millions more through our Disclosure Search.

a. Xero's Sustainability Report 2025
a. Xero's Sustainability Report 2025

Insights into Xero's Greenhouse Gas Emissions Pathways

As of 2025, Xero 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 Xero have a target to reduce the emissions from its operations?

As of 2025, Xero has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Xero's most ambitious operational target is to reduce these emissions by 60% by 2034, compared to a baseline of 619 Metric Tonnes of CO2 equivalent (mtCO2e) in 2024.a

Xero has already surpassed its operational emissions reduction target, with 2025 levels falling below the 2034 value, achieving its climate goal ahead of schedule.a

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

2024202520340200400600800BaselineCurrent (-72%)Target 2034 (-60%)

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

As of 2025, Xero has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a

Xero's most ambitious value chain target is to reduce these emissions by 35% by 2034, compared to a baseline of 35,585 Metric Tonnes of CO2 equivalent (mtCO2e) in 2024.a

Instead of reducing value chain emissions, Xero has increased them, with 2025 levels exceeding those of the 2024 baseline, placing the company well behind its reduction target.a

Xero's Value Chain (Scope 3) Emissions Pathway

202420252034015 k30 k45 k60 kBaselineCurrent (+57%)Target 2034 (-35%)
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