Iress
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.
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.
Industry Benchmark
Iress's score of 60 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 related to purchased goods and services. This marks a significant increase in emissions compared to 2023, where total emissions were around 19,625,000 kg CO2e, with Scope 1 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 climate commitments, aiming for a 69.3% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, based on a 2019 baseline. Additionally, the company targets 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 reduction strategy reflects a commitment to sustainability and responsible corporate governance, positioning Iress as a proactive player in the software and services sector in Australia.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| 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
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.
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.
