Iras
Iras, officially known as Iras ESG, is a prominent player in the environmental, social, and governance (ESG) consulting industry, headquartered in South Africa (ZA). Founded in 2018, the company has rapidly established itself as a leader in providing innovative solutions that help businesses navigate the complexities of sustainability and responsible governance. With a focus on major operational regions across Africa and beyond, Iras offers a range of services, including ESG assessments, sustainability reporting, and strategic advisory. Their unique approach combines data-driven insights with tailored strategies, enabling clients to enhance their sustainability performance and meet regulatory requirements effectively. Recognised for its commitment to excellence, Iras has achieved significant milestones, positioning itself as a trusted partner for organisations seeking to integrate ESG principles into their core operations.
DitchCarbon Score
How does Iras'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 Business 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
Iras's score of 17 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Iras's reported carbon emissions
In 2022, Iras reported significant carbon emissions, totalling approximately 614,258,000 kg CO2e from Scope 1 and 2 combined, with Scope 1 emissions at about 52,666,000 kg CO2e, Scope 2 at approximately 163,146,000 kg CO2e, and Scope 3 emissions reaching about 398,445,000 kg CO2e. This data reflects their operations in South Africa. The previous year, 2021, Iras's total emissions were around 599,208,000 kg CO2e, with Scope 1 at about 43,944,000 kg CO2e, Scope 2 at approximately 146,062,000 kg CO2e, and Scope 3 at about 306,549,000 kg CO2e. In 2020, total emissions were reported at approximately 496,554,000 kg CO2e, with Scope 1 emissions of about 50,467,000 kg CO2e, Scope 2 at approximately 166,687,000 kg CO2e, and Scope 3 at around 382,054,000 kg CO2e. Iras has not disclosed specific reduction targets or initiatives, nor does it appear to have set Science-Based Targets Initiative (SBTi) commitments. The emissions data is cascaded from its parent company, Forge Trust Company, indicating a corporate family relationship that influences its reporting and performance metrics. Overall, while Iras has made strides in emissions reporting, the absence of defined reduction targets suggests a need for enhanced climate commitments moving forward.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 47,032,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 173,311,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 421,099,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Iras is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
