Ipg Photonics
IPG Photonics Corporation, a leader in the fibre laser industry, is headquartered in the United States, with significant operations across Europe and Asia. Founded in 1990, the company has established itself as a pioneer in the development of high-performance fibre lasers and amplifiers, catering to a diverse range of applications including materials processing, telecommunications, and medical technologies. IPG's core offerings include a wide array of fibre lasers, laser systems, and related accessories, distinguished by their efficiency, reliability, and superior beam quality. The company has achieved notable milestones, such as being the first to commercialise high-power fibre lasers, solidifying its position as a market leader. With a commitment to innovation and excellence, IPG Photonics continues to drive advancements in laser technology, serving a global clientele and maintaining a strong competitive edge in the industry.
DitchCarbon Score
How does Ipg Photonics'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.
Industry Average
Mean score of companies in the Electrical Machinery Manufacturing 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.
Industry Benchmark
Ipg Photonics's score of 38 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ipg Photonics's reported carbon emissions
In 2023, IPG Photonics reported total carbon emissions of approximately 44,526,000 kg CO2e, comprising about 19,230,000 kg CO2e from Scope 1 and about 25,296,000 kg CO2e from Scope 2 emissions. This reflects a commitment to transparency in their carbon footprint, with a focus on reducing emissions across all scopes. The company has set a long-term target to achieve carbon neutrality by 2050, aligning with global efforts from over 120 countries, including the United States. This commitment encompasses all scopes of emissions, indicating a comprehensive approach to climate action. In recent years, IPG Photonics has demonstrated a proactive stance in managing its carbon emissions. For instance, in 2022, the total emissions were about 59,991,000 kg CO2e, showing a slight decrease from 2021's total of approximately 61,565,000 kg CO2e. This trend suggests ongoing efforts to enhance operational efficiency and reduce carbon intensity. Overall, IPG Photonics is actively working towards its climate commitments, with a clear roadmap aimed at achieving significant reductions in carbon emissions by 2050.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 13,435,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 40,600,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Ipg Photonics 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.
