Iko Sustainability Profile
Iko, officially known as Iko Group, is a leading provider of innovative building materials headquartered in Great Britain. Established in 1969, the company has made significant strides in the construction industry, particularly in the areas of insulation, roofing, and waterproofing solutions. With a strong presence across Europe and beyond, Iko has built a reputation for quality and reliability. The company’s core products, including high-performance roofing membranes and insulation boards, are designed to enhance energy efficiency and sustainability in construction projects. Iko's commitment to research and development has positioned it as a market leader, recognised for its cutting-edge technology and environmentally friendly practices. With numerous industry awards and a robust portfolio, Iko continues to set benchmarks in the building materials sector.
DitchCarbon Score
How does Iko'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 Business 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.
Industry Benchmark
Iko's score of 60 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Iko's reported carbon emissions
In 2023, IKO PLC reported total carbon emissions of approximately 585,000,000 kg CO2e, with emissions distributed across various scopes: 835,000 kg CO2e from Scope 1, 2,858,000 kg CO2e from Scope 2, and a significant 582,349,000 kg CO2e from Scope 3. The previous year, 2022, saw slightly higher emissions, with Scope 1 at 866,000 kg CO2e, Scope 2 at 2,888,000 kg CO2e, and Scope 3 at 577,446,000 kg CO2e. IKO PLC has set ambitious climate commitments, aiming for a 95% reduction in total emissions (Scope 1, 2, and 3) by 2050, using 2022 as the baseline year. Additionally, the company targets a 42% reduction in Scope 1 and Scope 2 emissions by 2030. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified as consistent with limiting global warming to 1.5°C. The company is also committed to achieving net-zero emissions by 2050, further solidifying its dedication to sustainability and climate action. IKO's emissions data and targets are sourced from IKO Industries, Ltd., reflecting its corporate responsibility within the construction materials sector.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 866,000 | 000,000 |
| Scope 2 | 2,888,000 | 0,000,000 |
| Scope 3 | 577,446,000 | 000,000,000 |
How Carbon Intensive is Iko's Industry?
How Carbon Intensive is Iko's Location?
Iko's Scope 3 Categories Breakdown
Iko's Scope 3 emissions, which increased by 1% last year and increased by approximately 1% since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 4% of Scope 3 emissions.
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Iko's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Iko has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Iko's sustainability data and climate commitments