IAA, Inc. Sustainability Profile
IAA, Inc., also known as Insurance Auto Auctions, is a leading provider of auction and salvage services in the automotive industry. Headquartered in the United States, IAA operates across major regions, facilitating the sale of vehicles for insurance companies, dealerships, and fleet operators. Founded in 1982, the company has achieved significant milestones, including the expansion of its auction services and the introduction of innovative technology to enhance the bidding process. Specialising in the auction of damaged and salvage vehicles, IAA offers a unique platform that connects buyers and sellers efficiently. Their core services include online and in-person auctions, vehicle inspections, and comprehensive inventory management. With a strong market position, IAA is recognised for its commitment to customer service and operational excellence, making it a trusted partner in the automotive salvage industry.
DitchCarbon Score
How does IAA, Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Motor Vehicle Retail Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
IAA, Inc.'s score of 25 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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IAA, Inc.'s reported carbon emissions
In 2021, IAA, Inc. reported total carbon emissions of approximately 39,490,000 kg CO2e, comprising 22,355,000 kg CO2e from Scope 1, 14,240,000 kg CO2e from Scope 2, and 6,794,000 kg CO2e from Scope 3 emissions related to fuel and energy activities. This reflects a slight decrease from 2020, where total emissions were about 42,000,000 kg CO2e, with Scope 1 emissions at 23,291,000 kg CO2e, Scope 2 at 19,994,000 kg CO2e, and Scope 3 at 8,084,000 kg CO2e. IAA, Inc. does not currently have specific reduction targets or initiatives disclosed, nor are there any climate pledges noted. The emissions data is cascaded from the parent company, IAA, Inc., indicating a corporate family relationship that influences their reporting. The company is committed to transparency in its emissions reporting, as evidenced by its disclosures in the TCFD report.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 23,291,000 | 00,000,000 |
| Scope 2 | 19,994,000 | 00,000,000 |
| Scope 3 | 8,084,000 | 0,000,000 |
How Carbon Intensive is IAA, Inc.'s Industry?
How Carbon Intensive is IAA, Inc.'s Location?
IAA, Inc.'s Scope 3 Categories Breakdown
IAA, Inc.'s Scope 3 emissions, which decreased by 16% last year and decreased by approximately 16% since 2020, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 16% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
IAA, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
IAA, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
