Iko
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 57 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 for Scope 1, 2,858,000 kg CO2e for Scope 2, and a significant 582,349,000 kg CO2e for Scope 3. The previous year, 2022, saw total emissions of about 577,446,000 kg CO2e, with Scope 1 emissions at 866,000 kg CO2e and Scope 2 at 2,888,000 kg CO2e. IKO PLC has set ambitious climate commitments, aiming for a 95% reduction in total emissions (Scopes 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 committed to achieving net-zero emissions by 2050, with specific plans to measure and reduce Scope 3 emissions as part of its overall strategy. IKO's emissions data and targets are derived from its parent company, IKO Industries, Ltd., ensuring a cohesive approach to sustainability across its operations.
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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 |
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.
Iko is participating in some 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.
