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Public Profile
Financial Intermediation
ES
updated 9 months ago

Iridium Concesiones de Infraestructuras, S.A. Sustainability Profile

Company website

Iridium Concesiones de Infraestructuras, S.A., commonly referred to as Iridium, is a prominent player in the infrastructure concession sector, headquartered in Spain. Founded in 1997, the company has established a strong presence in various regions, focusing on the development, financing, and management of infrastructure projects across Europe, Latin America, and beyond. Specialising in public-private partnerships, Iridium offers unique solutions in transport, social infrastructure, and energy sectors. Their commitment to innovation and sustainability sets them apart, ensuring that projects not only meet current demands but also contribute to long-term community benefits. With a robust portfolio and a reputation for excellence, Iridium has achieved significant milestones, solidifying its position as a leader in the infrastructure industry.

DitchCarbon Score

How does Iridium Concesiones de Infraestructuras, S.A.'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.

32

Industry Benchmark

Iridium Concesiones de Infraestructuras, S.A.'s score of 60 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

78%

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Iridium Concesiones de Infraestructuras, S.A.'s reported carbon emissions

Inherited from ACS, Actividades de Construcción y Servicios, S.A.

Iridium Concesiones de Infraestructuras, S.A., headquartered in Spain, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of ACS, Actividades de Construcción y Servicios, S.A., which may influence its climate commitments and performance metrics. As of now, Iridium has not established any documented reduction targets or climate pledges. This lack of specific initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy or may rely on the broader commitments of its parent organisation. Given the absence of direct emissions data and reduction initiatives, it is essential for Iridium to align with industry standards and best practices in climate action, potentially leveraging the frameworks and targets set by ACS. This could include adopting science-based targets and participating in initiatives such as the Science Based Targets initiative (SBTi) to enhance its sustainability profile and reduce its carbon footprint in the future.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2009201020112012201320142015201620172018201920202021202220232024
Scope 1
1,958,109,100
0,000,000,000
0,000,000,000
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
108,612,900
000,000,000
000,000,000
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
4,487,900
0,000,000
00,000,000
0,000,000,000
0,000,000,000
00,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

How Carbon Intensive is Iridium Concesiones de Infraestructuras, S.A.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Iridium Concesiones de Infraestructuras, S.A.'s primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Iridium Concesiones de Infraestructuras, S.A.'s Location?

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 Iridium Concesiones de Infraestructuras, S.A. is in ES, which has a low grid carbon intensity relative to other regions.

Iridium Concesiones de Infraestructuras, S.A.'s Scope 3 Categories Breakdown

Iridium Concesiones de Infraestructuras, S.A.'s Scope 3 emissions, which increased by 10% last year and increased significantly since 2009, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 44% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
44%
Use of Sold Products
24%
Investments
20%
Upstream Leased Assets
4%
Employee Commuting
2%
Upstream Transportation & Distribution
2%
Capital Goods
2%
Fuel and Energy Related Activities
1%
Business Travel
<1%
Waste Generated in Operations
<1%

Iridium Concesiones de Infraestructuras, S.A.'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.

Iridium Concesiones de Infraestructuras, S.A. 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.

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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