Primary Climate Goal
Iron Mountain's target annual Scope 1 + 2 emissions for 2025 should be equal to 165 Kt = 25% * 220 Kt, according to the company's stated climate goal.
In order to achieve this goal, Iron Mountain would need to reduce its emissions at least by -7.8 Kt per annum over the period from 2022 to 2025:
-7.8 Kt = ( 165 Kt - 197 Kt ) / (2025 - 2021)
This translates into a -4% reduction in 2022.
The projected range shown on the chart is based on the Exerica's algorithm which takes account of both the company's stated goal and its past performance.
Iron Mountain aims to reduce Scope 1 + 2 by 25% by 2025 from a base year 2019
Science Based Targets initiative In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
GHG emissions and Carbon intensity
Scope 1 + 2 GHG emissions (in tons of CO2e) divided by the company's Revenues (in USDm) for the same period
Iron Mountain reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 197 Kt (+9.3/+4.9% y-o-y). At the sime time, carbon intensity declined to 44 t (-1.4 /-3.1% y-o-y).
Iron Mountain's Scope 3 emissions declined to 21 Kt (
The company is committed to reducing Scope 1 + 2 by 25% by 2025 from a base year 2019, which translates into the estimated reduction of -7.8 Kt per annum over the period of FY2022 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
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.