IREN Limited Sustainability Profile
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 34 is higher than 57% 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 3,415,895,000 kg CO2e. This figure includes Scope 1 emissions of about 3,352,700,000 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 184,521,000 kg CO2e. Additionally, Scope 3 emissions totalled around 55,733,000 kg CO2e, with significant contributions from purchased goods and services (approximately 670,779,000 kg CO2e) and the use of sold products (about 2,218,966,000 kg CO2e). IREN Limited has set an ambitious 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 change impacts and aligns with industry standards for carbon reduction. The emissions data is not cascaded from any parent organization, indicating that IREN Limited independently reports its emissions and climate commitments. The company continues to focus on enhancing its sustainability practices and reducing its overall carbon footprint.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 4,127,723,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000,000 |
| Scope 2 | 155,664,000 | 000,000 | 00,000 | 00,000 | 000,000 | 000,000,000 |
| Scope 3 | 3,633,772,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
How Carbon Intensive is IREN Limited's Industry?
How Carbon Intensive is IREN Limited's Location?
IREN Limited's Scope 3 Categories Breakdown
IREN Limited's Scope 3 emissions, which increased significantly last year and decreased by approximately 98% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 2% of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 3981% of Scope 3 emissions.
Top Scope 3 Categories
IREN Limited'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.
IREN Limited 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.
