Xero

Xero's reported carbon emissions

Xero, a UK-based company operating in the Computer and related services industry, has established ambitious climate commitments, including a long-term goal of achieving net-zero emissions by 2050. In terms of emissions, Xero reported the following for recent years: * **2026:** Total emissions were approximately 93.1 billion kg CO2e. This comprised Scope 1 emissions of about 23,000 kg CO2e, Scope 2 emissions of about 764,000 kg CO2e (location-based), and Scope 3 emissions of approximately 93.1 billion kg CO2e. * **2025:** Total emissions were approximately 93.1 billion kg CO2e. Scope 1 emissions were about 10,000 kg CO2e, Scope 2 emissions were approximately 681,000 kg CO2e (location-based), and Scope 3 emissions were around 92.4 billion kg CO2e. Xero has set several targets to reduce its environmental impact: * A commitment to achieve net-zero emissions by FY2050. * A near-term goal to reduce Scope 1 and 2 emissions by 42% from FY20 levels by FY2030. * A near-term target to reduce Scope 3 emissions by 17% from FY20 levels by FY2030. * More recently, Xero has committed to reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 58.8% by FY2034 from an FY2024 baseline. * Additionally, they aim to reduce absolute Scope 3 GHG emissions from purchased goods and services and business travel by 35% by FY2034. * Xero also aims for 67.4% of its suppliers (by emissions) to have science-based targets by FY2029.