With the known impacts of climate change and greater visibility of environmental considerations across the supply chain, taking action on environmental issues is critical.

Our 2024 key objectives are:

  • Emissions reduction strategy implementation.
  • Develop climate scenarios specific to Iress and conduct climate scenario analysis.
  • Environmental data assurance.

Policies

We operate in accordance with the following policies.

ESG Statement ESG Statement
Environmental Policy ESG Statement
Sustainable Procurement Policy ESG Statement
Biodiversity Policy ESG Statement

Measurement

We measure and report our year-on-year emissions and energy consumption to understand our impact on the environment and opportunities to reduce total emissions.

Commitment

Iress has set a 2030 science-based aligned emission reduction target. We commit to reducing scope 1 and 2 emissions 46.2% by 2030 from a 2019 base year, and scope 3 emissions 18.5% by 2030 from a 2019 base year.


Science-based targets

The Intergovernmental Panel on Climate Change warns that global warming must not exceed 1.5 degrees celsius (above pre-industrial temperatures) to avoid the most catastrophic impacts to the environment. Businesses have a vital role to play in driving down greenhouse gas (GHG) emissions and building a resilient, zero-emissions economy grounded in science.

Our 2030 reduction targets are developed in alignment with the Science-Based Targets initiative. We are committed to validating our targets with the initiative in 2024, alongside implementing further initiatives to reduce our emission footprint.

Key reduction initiatives include:

  • Transition to a single technology platform, working with a partner that is committed to reaching 100% renewable electricity by 2025.
  • Continued transition to renewable electricity and leasing of energy efficient office spaces.
  • Continued improvements in waste management practices and diversion of waste from landfill.
  • Continue working with key suppliers, and assessing their sustainability

During 2024 we will continue to develop our emission reduction initiatives and strategy.

Our emissions data

E-waste

LiteHaus International's Digital Infrastructure Program has provided a digital touchpoint to over 40,000 students, teachers, and community members in Papua New Guinea. In addition, their Digital Inclusion Program has provided a personal digital device to 850 high school students across rural, regional, and remote Australia.

Iress is supporting digital inclusion to address inequalities in regional communities.

Through LiteHaus International's Digital Infrastructure Program, Iress donated desktops, monitors, laptops, screens and TVs to the program, amounting to over 300 items.

“A quality education can only be a digital education in today’s world and the equipment donated by Iress will help us ensure that this is a reality for hundreds of future leaders”.

Jack Growden - LiteHaus Founder & CEO