Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Footprint
• Data Privacy
• Data Security
• Human Rights
• Responsible Sourcing
• Diversity, Equity and Inclusion
• Employee Well-being
• Space Sustainability
• STEM Education
• Disaster Relief

Environmental Achievements

• Reduced corporate travel emissions by 70%
• Improved waste diversion rate from 39.3% to 40.4%
• Successfully deorbited first-generation Iridium satellites, removing over 36,000 kilograms of space debris

Social Achievements

• Launched company-wide Diversity and Inclusion Council
• Maintained high employee engagement score (81/100)
• Implemented Paid Parental Leave Policy
• Supported STEM education through partnerships with Higher Orbits and Leading Ladies Initiative
• Donated 70 Iridium phones with unlimited service to the United Nations ITU for disaster relief

Governance Achievements

• Amended the charter of the Nominating and Corporate Governance Committee to include express responsibility for ESG matters
• Implemented robust data security measures and incident response plan
• No data breaches reported in 2020
• No monetary losses from legal proceedings related to customer privacy or anti-competitive behavior

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting operations and employee well-being
• Data security risks
• Supply chain disruptions (not explicitly stated, but implied)
• Managing systemic risks inherent in a large-scale telecommunications system

Mitigation Strategies

• Transitioned to a work-from-home environment
• Implemented enhanced cleaning and sanitation protocols for essential employees
• Developed a COVID-19 health and safety policy
• Implemented robust data security measures and incident response plan
• Regular internal and third-party security audits
• Long-standing relationships with highly specialized contract manufacturers
• Robust business continuity plans and strategy

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Work with suppliers from the outset to ensure business practices meet industry standards
• Require suppliers to be transparent about sustainability policies and practices

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SASB, GRI

Certifications: ISO 14000 (for high-risk suppliers)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Iridium Edge Solar

Awards & Recognition

• SpaceNews Space Stewardship Award (2019)

Environmental Metrics

ESG Focus Areas

• Managing Climate Risk
• Reducing Our Operational Footprint
• Enabling Positive Impact with Technology
• Attracting and Retaining Diverse Talent
• Investing in Our Communities
• Supporting Sustainable Missions and Disaster Relief
• Conducting Business Ethically
• Protecting Data and Customer Privacy
• Leading Responsible Space Stewardship

Environmental Achievements

• Improved internal process for data gathering and analysis of environmental data.
• Developed an Environmental Policy outlining commitment to environmental practices.
• Reduced water and waste footprint relative to 2019 and 2020.
• Reduced carbon footprint by vacating a 25,000 square foot office facility.
• Renovated Tempe, Arizona Gateway site to increase flexible workspace with carbon neutral carpeting and LED lighting.
• Launched Iridium Edge® Solar, a solar-powered device with minimal environmental impact.
• Improved existing products to increase power, extend battery life, decrease material use, and increase energy efficiency.

Social Achievements

• Renewed commitment to corporate values by improving Code of Business Conduct and Ethics.
• Updated and introduced policies supporting ethical conduct and respect for human dignity (Anti-Corruption, Human Rights, Supplier Conduct, Environmental Sustainability).
• Enhanced support for employee volunteering and giving through Iridium Cares program.
• Employees participated in Iridium Impact Day, packaging over 75,000 meals for food-insecure families.
• Extended support for the National Zoo’s program to save threatened and endangered species.
• Hosted over two dozen students through the summer internship program.
• Redesigned digital assets to increase accessibility (website scores 100% on Lighthouse standards).
• Implemented Affirmative Action Program (AAP) and conducted pay equity analyses.
• Provided reimbursement for educational tuition and professional certifications.
• Offered job-related training, lectures, seminars, and conferences.
• Established two active Employee Resource Groups (ERGs): Iridium Women Connect and the Diversity, Equity, and Inclusion Council.
• Added Juneteenth as a corporate holiday.

Governance Achievements

• Revamped Iridium Code of Business Conduct and Ethics to improve accessibility.
• Developed and published Human Rights Policy.
• Developed a new policy to codify existing practices in Supplier Standards of Conduct.
• Implemented a comprehensive accreditation process for suppliers, including assessment of legal, technical, financial, and data security requirements.
• All high-risk suppliers are certified to ISO 9000 and ISO 14001 standards and are assessed regularly.
• Implemented mitigations throughout network, products, and services to protect against cyber threats.
• Structured formal cybersecurity program around NIST Cybersecurity Framework.
• Implemented Cybersecurity Incident Response Plan.
• Appointed a new Chief Information Officer responsible for leading IT organization.

Climate Goals & Targets

Environmental Challenges

• Climate change presents urgent challenges.
• Natural disasters and extreme weather events are unpredictable.
• Cybersecurity threats are constantly evolving.
• Lack of diversity in the space and satellite industry.

Mitigation Strategies

• Phased approach to managing climate risk: understanding baseline impact, establishing governance structure, identifying meaningful actions.
• Regularly review and update Emergency Preparedness Plan.
• Risk-based approach to cybersecurity with mitigations implemented throughout network, products, and services.
• Increased recruitment efforts at HBCUs and other minority institutions.
• Partnerships with organizations to inspire high school students in STEM fields (Higher Orbits, Leading Ladies Initiative).

Supply Chain Management

Supplier Audits: Regular assessments against compliance standards; all high-risk suppliers are certified to ISO 9000 and ISO 14001 standards.

Responsible Procurement

• Supplier Standards of Conduct
• Comprehensive accreditation process for suppliers
• Competitive bidding and auctions

Climate-Related Risks & Opportunities

Physical Risks

• Natural disasters and extreme weather events

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SASB, TCFD

Certifications: ISO 9000 (for high-risk suppliers), ISO 14001 (for high-risk suppliers)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 4 (Quality Education)
• Goal 9 (Industry, Innovation, and Infrastructure)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)
• Goal 15 (Life on Land)

Iridium's initiatives contribute to these goals through STEM education, sustainable technology, responsible space stewardship, and support for conservation efforts.

Sustainable Products & Innovation

• Iridium Edge® Solar

Awards & Recognition

• Newsweek’s “America’s Most Responsible Companies” list (2022)
• Cogswell Award (Defense Counterintelligence and Security Agency)
• Washington100 (Executive Mosaic)
• MSUA Satellite Mobile Innovation Award

Environmental Metrics

ESG Focus Areas

• Environmental Stewardship + Climate Change
• Our People + Our Culture
• Serving Our Communities
• Governance + Responsible Business Practices

Environmental Achievements

• Reduced Scope 1 and 2 emissions by 15% from 2021 to 2022 due to reduction in real estate footprint and energy efficiency upgrades.
• Collaborated with industry peers to produce the Satellite Orbital Safety Best Practices Guide.
• Submitted the CDP Climate Change Questionnaire for the first time.
• Aligned ESG disclosure with TCFD framework.

Social Achievements

• Launched Iridium Orbital Program and Co-Pilot Program for employee development and engagement.
• Expanded physical and mental health benefit programs.
• Employee engagement score of 83%, above industry benchmark.
• Increased workforce diversity (specific percentages provided in Metrics section).

Governance Achievements

• Added new talent and expertise to the Board of Directors.
• Updated committee charters to ensure best practices.
• Continued investment in corporate infrastructure to enhance data security.
• Recognized by Newsweek as one of America’s Most Responsible Companies in 2022.

Climate Goals & Targets

Environmental Challenges

• Data limitations in calculating environmental metrics (e.g., usage estimates applied to some locations).
• Increased Scope 3 emissions from corporate travel due to resumed normal operations after COVID-19.

Mitigation Strategies

• Continued efforts to reduce printed materials, eliminate plastic, and increase recycling.
• Thoughtful and purposeful carbon reduction strategy, consulting with leadership, partners, and external experts.

Supply Chain Management

Supplier Audits: At least quarterly for largest suppliers

Responsible Procurement

• Supplier Standards of Conduct
• Competitive bidding process
• Assessment of legal, technical, financial, and data security requirements

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Changing temperatures

Transition Risks

• Not disclosed

Opportunities

• Development and expansion of low-emission goods and services
• Increased demand for natural disaster detection and emergency response services

Reporting Standards

Frameworks Used: TCFD, SASB

Certifications: ISO 9000 (suppliers), ISO 14000 (suppliers)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 4
• Goal 9
• Goal 12
• Goal 13
• Goal 14
• Goal 15
• Goal 17

Iridium's business activities and initiatives contribute to these SDGs through various means, as detailed in the report.

Sustainable Products & Innovation

• Iridium Edge® Solar

Awards & Recognition

• Newsweek's America’s Most Responsible Companies