Iron Mountain

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 (-3.1 /-13.2% y-o-y). The rate of decline has slowed compared to the trend since 4Q'16 (CAGR -32%).

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.