Xero

Xero, headquartered in New Zealand, reported approximately 89.6 million kg CO2e in total Scope 1, 2, and 3 emissions for 2026. This includes approximately 23,000 kg CO2e in Scope 1 emissions, 764,000 kg CO2e in Scope 2 location-based emissions, and approximately 88.8 million kg CO2e in Scope 3 emissions.

For 2025, Xero reported approximately 67.9 million kg CO2e in total Scope 1, 2, and 3 emissions, comprising around 10,000 kg CO2e for Scope 1, 681,000 kg CO2e for Scope 2 location-based emissions, and approximately 67.2 million kg CO2e for Scope 3 emissions.

In 2024, Xero's total emissions were approximately 35.2 million kg CO2e, with around 782,000 kg CO2e from Scope 1 and approximately 13.6 million kg CO2e from Scope 3. For 2023, the company reported approximately 12 million kg CO2e in Scope 3 emissions.

Xero has set ambitious climate commitments, including a goal to achieve Net-Zero emissions no later than FY2050. The company also aims for a 42% reduction in Scope 1 and 2 emissions from a FY2020 baseline by FY2030, and a 17% reduction in Scope 3 emissions from a FY2020 baseline by FY2030. Additionally, Xero commits to reducing absolute Scope 1 and 2 GHG emissions by 58.8% by FY2034 from a FY2024 base year. The company also targets a 35% reduction in absolute Scope 3 GHG emissions from purchased goods and services and business travel within the same timeframe, and aims for 67.4% of its suppliers (by emissions) to have science-based targets by FY2029. These targets are consistent with reductions required to keep warming to 1.5°C, as verified by the Science Based Targets initiative (SBTi).