- Challenging trading environment with lower equity trading volumes and subdued new business wins.
- Inflationary pressures leading to higher salaries and third-party input costs.
- Decline in overall employee engagement due to transformation, restructure, and headcount reduction.
Iress Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Iress Limited disclosed greenhouse gas emissions of 20.5K tCO2e/year (Scope 3). By scope: Scope 1: 1.0K tCO2e/year; Scope 3: 19.5K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
20.5K tCO2e/year (Scope 3)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.0K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 19.5K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 20.5K tCO2e/year (Scope 3) |
| 2022 | 15.7K tCO2e/year (2022) |
| 2021 | 6.5K (2019) 3173 (2020) 2069 (2021) tCO2e/year (Scope 12 & 3 combined Australia only) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Science Based Targets initiative approved Iress' near-term emissions reduction targets.
- Implemented a new emissions management system.
- Decreased leased area resulting in a footprint reduction.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Emissions reduction strategy implementation.
- Develop climate scenarios specific to Iress and conduct climate scenario analysis.
- Environmental data assurance.
📅 Medium-term
- Broaden and embed diversity, equity and inclusion.
- Implement foundational diversity, equity and inclusion training.
- Address modern slavery risk through the development of human rights toolkit.
🔭 Long-term
- Reduce absolute scope 1 and 2 GHG emissions by 69.3% by 2030 from a 2019 base year.
- Reduce absolute scope 3 GHG emissions by 27.5% by 2030 from a 2019 base year.
🌱 ESG Focus Areas
Climate changeE-waste managementDiversity and inclusionHuman rights (including modern slavery)