Iko

IKO, a UK-headquartered company in the "Other business services (74)" industry, reported its global carbon emissions for 2023.

In 2023, IKO's total reported emissions were approximately 34,357,000 kg CO2e. This figure includes:

• Scope 1 emissions: Approximately 5,590,000 kg CO2e, comprising mobile combustion (178,650 kg CO2e) and stationary combustion (5,411,520 kg CO2e).
• Scope 2 emissions: Approximately 1,598,330 kg CO2e, primarily from purchased electricity.
• Scope 3 emissions: Approximately 28,767,000 kg CO2e, with significant contributions from purchased goods and services (25,292,440 kg CO2e), upstream transportation and distribution (2,136,440 kg CO2e), and downstream transportation and distribution (1,313,300 kg CO2e). Other Scope 3 sources included employee commute (291,200 kg CO2e), waste generated in operations (43,340 kg CO2e), and fuel and energy related activities (138,320 kg CO2e).

For 2022, IKO reported total emissions of approximately 34,494,000 kg CO2e. This consisted of Scope 1 emissions of approximately 5,436,000 kg CO2e, Scope 2 emissions of approximately 1,220,800 kg CO2e, and Scope 3 emissions of approximately 29,037,000 kg CO2e.

IKO has set ambitious climate commitments. The company has near-term and long-term Science Based Targets initiative (SBTi) approved targets. IKO commits to reduce Scope 1 and Scope 2 GHG emissions by 42% by 2030 from a 2022 base year. Furthermore, IKO aims to reach net-zero emissions by 2050, which includes a commitment to reduce Scope 1, 2, and 3 emissions by 95% by 2050 from a 2022 base year. These targets have been approved via the streamlined target validation route for small and medium-sized enterprises (SMEs).