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Iridium Communications Inc., commonly known as Iridium, is a leading player in the post and telecommunication services industry, headquartered in the United States. Founded in 2001, the company has established itself as a pioneer in satellite communications, providing critical connectivity solutions across remote and underserved regions globally.
Iridium's core offerings include its unique satellite phone services and data solutions, which leverage a constellation of low Earth orbit satellites. This innovative approach ensures reliable communication in even the most challenging environments, setting Iridium apart from traditional telecommunications providers.
With a strong market position, Iridium has achieved significant milestones, including the successful launch of its Iridium NEXT satellite constellation, enhancing its service capabilities. The company continues to be a trusted partner for industries such as maritime, aviation, and government, solidifying its reputation as a leader in global satellite communications.
-8 vs industry average
Iridium’s score of 34 is lower than 46% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Post and Telecommunications Services has below-average carbon intensity
The Post and Telecommunications Services industry has reduced its overall emissions by 39% since 2018
Scope 3 accounts for ••• of total emissions.
Iridium, a US-based post and telecommunication services company, reported Scope 1 emissions of approximately 314,000 kg CO2e, market-based Scope 2 emissions of about 5,911,000 kg CO2e, and Scope 3 business travel emissions of approximately 2,843,000 kg CO2e for 2024. This follows 2023 figures of roughly 183,000 kg CO2e for Scope 1, around 6,091,000 kg CO2e for market-based Scope 2, and about 2,417,000 kg CO2e for Scope 3 business travel. For 2022, the company's Scope 1 emissions were approximately 223,000 kg CO2e, market-based Scope 2 emissions were around 5,824,000 kg CO2e, and Scope 3 business travel emissions were about 1,341,000 kg CO2e.
Iridium has set near-term absolute reduction targets to decrease its Scope 1 emissions by 25% by 2030 and its Scope 2 emissions by 25% by 2030. Furthermore, Iridium aims to achieve net-zero Scope 1 emissions by 2050 and net-zero Scope 2 emissions by 2050. The company also supports the Paris Peace Forum’s “Net Zero Space” initiative, which targets sustainable use of outer space by 2030. Iridium's emissions data for all reported years are disclosed directly by Iridium Communications Inc.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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