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Public Profile
Financial Intermediation
AU
updated a month ago

Iress

Company website

Iress Limited, commonly referred to as Iress, is a leading technology company headquartered in Australia, with significant operations across the Asia-Pacific region, the UK, and South Africa. Founded in 2000, Iress has established itself in the financial services industry, providing innovative software solutions that enhance the efficiency and effectiveness of financial professionals. The company’s core offerings include trading, investment management, and financial advice software, distinguished by their user-friendly interfaces and robust functionality. Iress is recognised for its commitment to continuous improvement and customer-centric development, positioning itself as a trusted partner for financial institutions. With a strong market presence and a reputation for excellence, Iress continues to drive innovation in the financial technology sector, helping clients navigate an increasingly complex landscape.

DitchCarbon Score

How does Iress'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.

60

Industry Average

Mean score of companies in the Financial Intermediation 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.

27

Industry Benchmark

Iress's score of 60 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

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Iress's reported carbon emissions

In 2024, Iress reported total carbon emissions of approximately 15,000,000 kg CO2e, comprising 816,000 kg CO2e from Scope 1, 641,000 kg CO2e from Scope 2, and about 13,728,000 kg CO2e from Scope 3 emissions, specifically from purchased goods and services. This marks a significant reduction from 2023, where total emissions were about 19,625,000 kg CO2e, with Scope 1 emissions at 1,322,000 kg CO2e, Scope 2 at 835,000 kg CO2e, and Scope 3 at approximately 19,625,000 kg CO2e. Iress has set ambitious emissions reduction targets, committing to a 69.3% reduction in absolute Scope 1 and 2 GHG emissions by 2030 from a 2019 baseline, and a 27.5% reduction in Scope 3 emissions within the same timeframe. These targets have been endorsed by the Science-Based Targets Initiative (SBTi), aligning with global efforts to limit warming to 1.5°C. The company’s emissions data is not cascaded from any parent organization, indicating that all reported figures are directly from Iress Limited. As part of its climate commitments, Iress is actively working towards these targets to enhance its sustainability and reduce its overall carbon footprint.

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20202021202220232024
Scope 1
-
-
0,000,000
0,000,000
000,000
Scope 2
1,365,000
0,000,000
000,000
000,000
000,000
Scope 3
15,118,000
00,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Iress's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Iress is in AU, which has a very high grid carbon intensity relative to other regions.

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.

Iress is participating in some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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