Iron Mountain

Iron Mountain's reported carbon emissions

Iron Mountain, an R&D services company headquartered in the US, reported a total of approximately 1.13 billion kg CO2e in emissions for 2024. This figure encompasses Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions were approximately 115.7 million kg CO2e, while Scope 2 (market-based) emissions were about 51.9 million kg CO2e. Scope 3 emissions were significantly higher, totalling approximately 913.2 million kg CO2e. In terms of climate commitments, Iron Mountain has set a long-term goal to achieve net-zero emissions by 2040. They are also committed to covering 100% of their global electricity consumption with clean energy by 2040. The company has made strides in reducing its environmental impact, having achieved a 10% reduction in Scope 1 and 2 greenhouse gas (GHG) emissions between 2022 and 2023. Furthermore, they previously surpassed an earlier Science-Based Target, achieving a 52% reduction in absolute emissions by 2019 from a 2016 baseline. Iron Mountain's targets have been validated by the Science Based Targets initiative (SBTi). They commit to a 20% reduction in absolute Scope 1, 2, and 3 GHG emissions by 2025 from a 2016 base year. More recently, their SBTi-validated targets include a commitment to reduce absolute Scope 1 and 2 GHG emissions by 54.6% by 2033 and by 90% by 2040, both from a 2022 base year. They also aim to reduce absolute Scope 3 GHG emissions by 90% by 2040 from the same 2022 baseline. Iron Mountain is also a signatory to the Climate Pledge.