IAC Inc. Sustainability Profile
IAC Inc., headquartered in the United States, is a prominent player in the digital media and internet services industry. Founded in 1995, the company has evolved through strategic acquisitions and innovations, establishing a diverse portfolio that includes well-known brands across various sectors. With a focus on online dating, video streaming, and e-commerce, IAC's core offerings, such as Match Group and Vimeo, stand out for their user-centric design and robust technology. The company has consistently demonstrated its market leadership, achieving significant milestones like the successful spin-off of several subsidiaries. IAC's commitment to innovation and quality has solidified its position as a key influencer in the digital landscape, making it a trusted name for consumers and investors alike.
DitchCarbon Score
How does IAC 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 Computer 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
IAC Inc.'s score of 30 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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IAC Inc.'s reported carbon emissions
In 2023, IAC Inc., headquartered in the US, reported total carbon emissions of approximately 17,934,000 kg CO2e. This figure includes 5,536,000 kg CO2e from Scope 1 emissions and 11,838,000 kg CO2e from market-based Scope 2 emissions. The company did not disclose any Scope 3 emissions data. IAC Inc. has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of defined reduction strategies indicates a potential area for future development in their sustainability efforts. Overall, while IAC Inc. has made strides in reporting its emissions, the lack of reduction targets suggests that further action may be necessary to align with industry standards for climate accountability and sustainability.
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| 2023 | |
|---|---|
| Scope 1 | 5,536,000 |
| Scope 2 | 11,838,000 |
| Scope 3 | - |
How Carbon Intensive is IAC Inc.'s Industry?
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IAC 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.
IAC 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.
