Iron Mountain

Specialty REITs
IRM
$ 75 1.8
Share price
$ 22 bn
Market Cap
$ 37 bn
Enterprise Value

Carbon footprint

5.1 Ton
GHG emissions per $ 1 mln investment
0.15x the weighted average for S&P 500
FY2020
How is this calculated?
-15%
YOY change in GHG emissions
Stronger than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

Iron Mountain's GHG emissions (market-based) (Kt of CO2e)

Iron Mountain's carbon footprint

Iron Mountain reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 187 Kt (-34 /-15.3% y-o-y).

Iron Mountain's Scope 3 emissions was down at 24 Kt (-15 /-38.9% y-o-y). This is broadly in line with the declining trend (CAGR -35.3%) since 4Q'16.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Iron Mountain also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. American enterprise information management services company Iron Mountain commits to reduce absolute scope 1, 2 and 3 GHG emissions 20% by 2025 from a 2016 base-year.

Company environmental metrics

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