Xero

Xero's Carbon Emissions and Climate Commitments

Xero, a Computer and related services (72) company headquartered in NZ, has established ambitious climate commitments. The company aims for net-zero emissions by no later than FY50.

Emissions Data

Here is a breakdown of Xero's reported emissions:

• 2026: Xero reported total emissions of approximately 57,084,000 kg CO2e for Scope 1 and 2 combined (market-based). Scope 3 emissions in 2026 were approximately 97,178,000 kg CO2e, with significant contributions from purchased goods and services (approximately 43,283,000 kg CO2e) and business travel (approximately 37,362,000 kg CO2e).
• 2025: Total Scope 1 and 2 emissions (market-based) were approximately 55,996,000 kg CO2e. Scope 3 emissions totalled approximately 80,180,000 kg CO2e, with purchased goods and services accounting for approximately 37,416,000 kg CO2e and business travel for approximately 27,348,000 kg CO2e.
• 2024: Xero reported total emissions of approximately 793,000 kg CO2e for Scope 1 and 2 combined. Scope 3 emissions were approximately 13,602,000 kg CO2e, with business travel being a notable contributor at approximately 8,568,000 kg CO2e.
• 2023: Total reported emissions were approximately 772,000 kg CO2e (Scope 1 and 2). Scope 3 emissions amounted to approximately 11,979,000 kg CO2e, with business travel accounting for the largest portion at approximately 6,459,000 kg CO2e.
• 2022: Scope 3 emissions were approximately 4,971,000 kg CO2e, with employee commute being a significant factor at approximately 2,184,000 kg CO2e. Scope 1 and 2 data were not reported for this year.
• 2021: Scope 3 emissions totalled approximately 3,823,000 kg CO2e, with purchased goods and services contributing approximately 1,316,000 kg CO2e. Scope 1 and 2 data were not reported for this year.
• 2020: Scope 3 emissions were approximately 11,721,000 kg CO2e, with business travel accounting for approximately 6,826,000 kg CO2e. Scope 1 and 2 data were not reported for this year.

Climate Reduction Targets

Xero has set several significant targets to reduce its environmental impact:

• Net-Zero Emissions: The company is committed to achieving net-zero emissions no later than FY50.
• Scope 1 & 2 Emissions: A reduction of 42% in Scope 1 and 2 emissions is targeted from a FY20 baseline by FY30. More recently, a target to reduce Scope 1 and 2 carbon emissions by 60% by 2034 from a FY24 baseline has been established.
• Scope 3 Emissions: Xero aims for a 17% reduction in Scope 3 emissions from a FY20 baseline by FY30. Additionally, there is a commitment to reduce absolute Scope 3 GHG emissions from purchased goods and services and business travel by 35% by FY34.
• Supplier Engagement: By FY29, Xero aims for 70% of its suppliers, weighted by emissions, to have science-based targets.

Xero is also a signatory to the Science Based Targets initiative (SBTi) and has committed to being a BA1.5 member, aligning with a 1.5°C warming pathway.