IREN Limited
IREN Limited, headquartered in Australia, is a prominent player in the energy and utilities sector, specialising in innovative solutions for electricity, gas, and water services. Founded in 2000, the company has established a strong presence across various operational regions, focusing on sustainable energy practices and customer-centric services. With a commitment to delivering reliable and efficient energy solutions, IREN Limited offers a range of core products, including renewable energy systems and smart grid technologies. Their unique approach to integrating advanced technology with traditional utilities sets them apart in a competitive market. Recognised for their contributions to sustainability and innovation, IREN Limited continues to strengthen its market position, achieving significant milestones in energy efficiency and customer satisfaction. As a forward-thinking company, IREN Limited is dedicated to shaping the future of energy in Australia and beyond.
DitchCarbon Score
How does IREN Limited'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
IREN Limited's score of 27 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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IREN Limited's reported carbon emissions
In 2024, IREN Limited reported total carbon emissions of approximately 7,176,997,000 kg CO2e. This figure includes Scope 1 emissions of about 3,415,895,000 kg CO2e, which primarily arise from stationary combustion (approximately 3,351,322,000 kg CO2e), mobile combustion (about 32,927,000 kg CO2e), and process emissions (approximately 12,951,000 kg CO2e). Scope 2 emissions, calculated on a market-based approach, totalled around 184,521,000 kg CO2e, while Scope 3 emissions reached approximately 3,557,464,000 kg CO2e, with significant contributions from the use of sold products (about 2,218,966,000 kg CO2e) and purchased goods and services (approximately 670,779,000 kg CO2e). IREN Limited has set a target to achieve a 47% reduction in the carbon intensity of power generation (Scope 1) by 2030, compared to 2020 levels. This commitment reflects the company's proactive approach to mitigating climate impact and aligns with industry standards for carbon reduction. The company’s emissions data is independently reported and not cascaded from any parent organisation, ensuring transparency in its climate commitments.
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| 2024 | |
|---|---|
| Scope 1 | 3,415,895,000 |
| Scope 2 | 184,521,000 |
| Scope 3 | 3,557,464,000 |
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.
IREN Limited 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.
