Construction / Real Estate

Iron Mountain sustainability score: 40/100

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About Iron Mountain

Iron Mountain is mainly a records storage business: its records and information management segment brought in 76.7% of revenue in 2025, and data centres 11.6%. Most of the rest is asset lifecycle management and fine arts.

More about Iron Mountain

Iron Mountain Incorporated is a Delaware corporation whose roots go back to 1951, near Hudson, New York, and it has operated as a real estate investment trust since 2014. It had about 29,400 employees at 31 December 2025 and ~US$6.9B revenue in 2025.

Head office Portsmouth, United StatesStaff ~29,400 (year-end, 31 December 2025; about 11,700 US and 17,700 outside the US)Revenue ~US$6.9B (2025)Website ↗

Read Iron Mountain's own report ↗

Our verdict

Iron Mountain reported 1,188,141 tCO2e on market-based figures across Scopes 1, 2 and 3 in 2025, up every year from 874,798 t in 2022, with capital goods nearly tripling. It says 93% of its electricity is clean, and 74% of its total energy, resting on on-site solar of about 1.2%, direct contracts, certificates and virtual PPAs, with no split published. SBTi's list carries net zero by 2040 and a 54.6% Scope 1 and 2 cut by 2033; its near-term Scope 3 target is supplier engagement, at about 17% against 84.2% by 2028. Water withdrawals rose, with data covering 49% of floor area. No environmental fine or upheld regulatory action was found.

Iron Mountain scores 40/100 (Below expectations) on SINK's independent climate assessment, scored from public data only. Scores are free. Companies can never pay for anything about their own score. Last verified November 2026.

That places Iron Mountain joint 423rd of 994 companies scored, and joint 21st of 39 in Construction / Real Estate.

The ten questions

What is Iron Mountain doing well, and where does it fall short?

Strongest on Carbon Footprint: Operations and Targets & Commitments (8/10, 8/10). Weakest on Emissions Trajectory and Nature & Biodiversity Impact (0/10, 3/10).

What's missing

Where Iron Mountain lost points

For each question that lost points, the evidence our public rubric looks for that we didn't find.

  • Emissions from its own operations8/10No verified figures published with their method and a falling trend.
  • Emissions from its supply chain7/10No full value-chain map or supplier engagement programme.
  • Whether its emissions are falling0/10No evidence its emissions are falling, not even from energy bills or mileage.
  • How clean its energy is4/10Less than half its energy shown to be renewable, or no transition plan.
  • Its effect on nature3/10No assessment of its effect on nature, and no basic environmental policy.
  • How it uses materials and handles waste5/10No measurable waste or recycling targets reported publicly.
  • Its effect on water4/10No measured water footprint with reduction targets.
  • Its climate targets8/10No validated long-term net zero target.
  • How openly it reports8/10No mission-locked structure, such as B Corp certification.

A score changes when the evidence does. We use new published evidence at the next rescore. Anyone can send us new evidence, free. How to send it.

The calculation

How is Iron Mountain's SINK score calculated?

Same ten questions for every company. No private weighting.

SINK = (0.3 × Base + 0.7 × Performance) × Scale
Industry base impact
Construction / Real Estate sector ceiling.
35 / 100
Performance score
Sum of the ten questions, each scored 0 to 10.
55 / 100
Raw score
Weighted average before scale penalty.
(0.3 × 35) + (0.7 × 55) = 49.0
Scale penalty
Multiplier based on total emissions. Bigger polluters lose more.
× 0.82
Final score
Rounded. Below expectations.
40 / 100
Where the evidence comes from

What evidence is Iron Mountain's score based on?

10 sources used in this assessment. All publicly available. Each row shows which of the ten questions it informed.

50% of them were published by Iron Mountain itself; the rest come from independent sources.

Scope 2, 2025: market-based 46,965 t, location-based 265,073 t. The score uses market-based.

[1]Self-reported
2025 Corporate Responsibility Report

“Total Scope 1 and Scope 2 emissions, market based 199,314 178,834 167,655 167,838”

2025
Q1Q2Q3Q4Q5Q6Q7Q8Q9Q10
View →
[2]Public record
UK Environment Agency Permit — Slough Data Centre

“The installation comprises 17 stand-by backup generators to provide electrical power to the data centre”

2026
Q1
View →
[3]Independent source
Resource Recycling — Data Center Report

“total Scope 1 and 2 emissions (market-based) rose from 2,496 in 2022 to 3,529 in 2025”

2026
Q3Q4Q6Q7
View →
[4]SEC filing
SEC Form 10-K (Annual Report)

“Reduced Scope 1 and 2 greenhouse gas (GHG) emissions by 16% from 2022 to 2024.”

2026
Q3Q10
View →
[5]Self-reported
2025 Carbon Reduction Plan

“renewable energy certificates (RECs) and virtual power purchase agreements”

2025
Q4
View →
[6]Self-reported
Data Centers 2025 Sustainability Report

“our 2017 commitment to 100% renewable power certificates”

2025
Q4
View →
[7]Third-party verified
SBTi Corporate Target List

“Iron Mountain Incorporated commits to reach net-zero greenhouse gas emissions across the value chain by 2040.”

Ongoing
Q8
View →
[8]Self-reported
Environmental Policy Statement

“Achieve net-zero emissions by 2040”

2024
Q8Q9
View →
[9]Self-reported
2024 TCFD Report

“BSR used three climate scenarios developed by the Network for Greening the Financial System (NGFS).”

2024
Q9
View →
[10]
datacenterdynamics.com

“it would impact 0.19 acres of palustrine forested wetlands and 280 feet of stream channel”

Q5
View →

If you believe a source has been misread or a newer version exists, submit a challenge.

For Iron Mountain

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    Iron Mountain: SINK sustainability score 40/100.

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Iron Mountain in context

How does Iron Mountain compare with other construction / real estate companies?

Where Iron Mountain sits among construction / real estate peers.

Among the 39 major construction / real estate brands we've scored, Iron Mountain is tied =21st of 39, with 4 others.

=21/39
Iron Mountain's rank
41
Industry average
26
Industry low
60
Industry high
See all 39 in Construction / Real Estate →
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