Iron Mountain

Specialty REITs
IRM
$ 52 0.83
Share price
$ 15 bn
Market Cap
$ 28 bn
Enterprise Value

Carbon footprint

6.6 Ton
GHG emissions per $ 1 mln investment
0.24x the weighted average for S&P 500
FY2020
How is this calculated?
-15%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

+6.6%
Proj. YOY change in GHG emissions (Scope 1 + 2)
FY2021
How is this calculated?

Iron Mountain aims to reduce Scope 1 + 2 by 25% by 2025 from a base year 2016

This target is most likely outdated and the company appears to have already achieved it
2°C
Iron Mountain's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

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 is committed to reducing Scope 1 + 2 by 25% by 2025 from a base year 2016, which it appears to have already achieved as of 2020. This science-based target is aligned with Paris Agreement to limit global warming to 2°C above pre-industrial levels.

Company environmental metrics

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