Xero Ltd

Common Name
Xero
Country
New Zealand
Sector
Technology
Industry
Software - Application
Employees
4,610
Ticker
XRO
Exchange
ASX
Description
Xero Limited is a leading provider in the software application industry with a primary focus on cloud-based accounting solutions for small and medium-sized enterprises (SMEs). The company's comprehens...

Xero's Climate Target Data Preview

As of 2024, 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 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Upstream Leased Assets (Cat. 8)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030

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Insights into Xero's Greenhouse Gas Emissions Pathways

As of 2024, 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 2024, 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 42% by 2030, compared to a baseline of 991.25 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

As of 2024, Xero is ahead of schedule on its operational emissions reduction target, having achieved 47.62% of the planned reduction. a

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

20202024203002505007501 kBaselineCurrent (-20%)Target 2030 (-42%)

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

As of 2024, Xero has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 6 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 17% by 2030, compared to a baseline of 16,192.857 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

As of 2024, Xero is ahead of schedule on its value chain emissions reduction target, having achieved 94.12% of the planned reduction. a

Xero's Value Chain (Scope 3) Emissions Pathway

20202024203004.5 k9 k13.5 k18 kBaselineCurrent (-16%)
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