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.
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.
Mean score of companies in the Motor Vehicle 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.
Ipg Photonics's score of 13 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, IPG Photonics reported total emissions of approximately 61,565,000 kg CO2e, comprising 10,590,000 kg CO2e from Scope 1 and 50,796,000 kg CO2e from Scope 2. The company has not disclosed emissions data for 2022. Over the years, IPG Photonics has shown fluctuations in its emissions, with Scope 3 emissions peaking at about 52,976,410,000 kg CO2e in 2019. The company has not set specific reduction targets or climate pledges, indicating a potential area for improvement in its sustainability strategy. Despite the lack of formal commitments, IPG Photonics continues to monitor its greenhouse gas emissions, with a focus on reducing emissions per laser sold, which was reported at approximately 1,010 kg CO2e in 2021. The company’s emissions data reflects its operational impact and highlights the importance of ongoing efforts to enhance sustainability practices within the industry.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Scope 1 | 9,547,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 46,984,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 7,124,201,000 | 00,000,000,000 | 00,000,000,000 | - | - |
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.
Ipg Photonics is not committed to any reduction initiatives 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.