Iron EagleX Inc (IEX) measured and established a baseline of our greenhouse gas emissions for Calendar Year 2022 for all facilities leased and controlled by the company.

IEX’s GHG emissions report provides annual measurement of our Scope 1 and Scope 2 emissions, as well as our Scope 3 emissions each year. IEX attests that the Scope 1, 2 and 3 GHG emissions were calculated in accordance with the GHG Protocol Corporate Accounting and Reporting Standard.

In 2022, IEX’s baseline Scope 1 and 2 emissions measured approximately 65.23 metric tons CO2e. Its baseline Scope 3 emissions measured approximately 385.70 metric tons CO2e. The entirety of IEX’s emissions is from the electricity used in the facilities we lease, which is commercial office space, and from employee business travel and commuting.

In 2023, IEX’s Scope 1 and 2 emissions measured approximately 65.23 metric tons of CO2e. Our Scope 3 emissions measured approximately 488.01 metric tons of CO2e. We had no change in the number or size of our facilities in 2023. In 2023 our Scope 3 business travel emissions were reduced by approximately 33%, but our employee commute emissions increased by 33% because our employee count grew by over 25%. Additionally, there was a decrease in our ability to work from home due to evolving post COVID customer requirements.

In 2024, IEX’s Scope 1 and 2 emissions measured approximately 65.23 metric tons of CO2e. We had no change in the number or size of our facilities in 2024, however we did increase our workforce by approximately 30%. Despite the increased workforce, we maintained our Scope 2 emission levels through reinstatement of a hybrid, work from home policy for our indirect employees. This kept us from having to increase our facility space, cost and ultimately Scope 2 emissions. Our Scope 3 emissions measured approximately 86.49 metric tons of CO2e. The reinstatement of our hybrid work policy lowered employee commute requirements and contributed to the 82.3% reduction of Scope 3 emissions.

IEX is committed to further reducing our greenhouse gas emissions and our impact on the climate and will establish annual reduction targets balanced against our projected operations growth as we become a large business. We believe that establishing and meeting short and mid-term goals will enable us to achieve a reduction in our emissions to net-zero by or before 2030.

• Facility Location: Tampa, FL
• Facility Type: Commercial Office Space
• Analysis Year: CY 2024
• Total Facilities: 1
• Estimated GHG Emissions: 151.716 metric tons CO2e
• Main sources of GHG emissions: Electric usage; employee travel
• Main Sources of GHG emissions: Electric Usage (43%) and Employee Travel (57%)