IP Group plc, headquartered in Great Britain, is a leading player in the intellectual property commercialisation sector. Founded in 2001, the company has established a strong presence in the UK and internationally, focusing on transforming innovative ideas from universities and research institutions into successful businesses. Specialising in technology transfer and venture capital, IP Group is renowned for its unique approach to nurturing early-stage companies, particularly in the fields of life sciences, technology, and clean energy. With a portfolio that includes notable firms and a track record of successful exits, IP Group has solidified its position as a key contributor to the innovation ecosystem. The company’s commitment to fostering innovation has earned it recognition within the industry, making it a trusted partner for researchers and entrepreneurs alike.
How does Ip's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Other Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Ip's score of 53 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Ip reported total carbon emissions of approximately 247,000 kg CO2e, a significant decrease from about 350,000 kg CO2e in 2023. The emissions breakdown for 2024 includes about 29,000 kg CO2e from Scope 2 and approximately 218,000 kg CO2e from Scope 3 emissions. This marks a notable reduction in total emissions, reflecting a commitment to sustainability. Ip has set an ambitious target to achieve net zero emissions by 2030, encompassing all scopes of emissions. In the short term, the company aims to reach this goal by employing high-quality carbon offsets, particularly for Scope 2 and Scope 3 emissions. This commitment aligns with industry standards for climate action and demonstrates a proactive approach to reducing their carbon footprint. Over the past few years, Ip's emissions have fluctuated, with total emissions recorded at about 127,000 kg CO2e in 2022 and approximately 83,000 kg CO2e in 2021. The company has disclosed emissions data for Scope 2 and Scope 3, indicating a transparent approach to reporting and accountability in their climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 8,000 | - | - | - | - | - |
Scope 2 | 114,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
Scope 3 | 852,000 | 000,000 | 00,000 | 000,000 | 000,000 | 000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ip is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.