iDenfy releases first greenhouse gas inventory and sets 2035 cut target

iDenfy published its first validated greenhouse gas emissions inventory and set a Science Based Targets initiative-aligned goal to cut Scope 1 and 2 emissions 63% by 2035. The identity verification firm says the move responds to rising emissions reporting demands from banks, fintechs and other regulated clients.

Why it matters: - iDenfy’s report gives the identity verification firm a baseline for tracking its climate footprint and future cuts. - Banks, fintechs and other regulated customers are increasingly asking vendors to disclose emissions data. - The validated target puts iDenfy’s reduction plan in line with the 1.5C climate goal.

What happened: - iDenfy published its first full greenhouse gas emissions inventory for the Jan. 1-Dec. 31, 2025 reporting period. - The company also received Science Based Targets initiative validation for a goal to reduce absolute Scope 1 and 2 emissions 63% by 2035. - The inventory was prepared with Vesta Consulting. - iDenfy made the report and sustainability commitments available on its sustainability page.

The details: - The report follows the GHG Protocol Corporate Accounting and Reporting Standard. - iDenfy’s main emissions sources are company-owned vehicles, electricity, office heating and cloud-based storage partners. - Total Scope 1 and 2 emissions for 2025 were 13.13 tCO₂e. - That was down 1.57% from 2024, mainly because of lower fuel use across the vehicle fleet. - Emissions intensity per full-time employee fell from 0.238 to 0.234 tCO₂e. - Headcount stayed stable during the reporting period. - Scope 3 emissions, including purchased goods, business travel and employee commuting, are still being measured and will appear in the next annual report.

Between the lines: - The report signals that a software-heavy company can still face measurable emissions pressure from cloud use, office energy and transport. - For iDenfy, the disclosure also functions as vendor-risk management as much as climate reporting. - Domantas Ciulde said the company wants to be transparent because clients are being asked harder questions about their supply chains.

What’s next: - iDenfy is considering switching its vehicle fleet to electric and hybrid models. - The company is also looking to move office electricity to renewable supply. - iDenfy plans to work with suppliers to get more precise consumption data for future reporting. - Scope 3 emissions disclosure is expected in the next annual report.

The bottom line: - iDenfy is trying to turn climate reporting from a compliance task into a measurable operating plan, with a verified target, published numbers and a 2035 deadline.