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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 76% 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 Scope 1 emissions primarily stem from stationary combustion (about 5,411,520 kg CO2e) and mobile combustion (approximately 178,650 kg CO2e). Scope 2 emissions are mainly from purchased electricity, accounting for about 1,598,330 kg CO2e. In 2022, IKO PLC's emissions were slightly higher, with total emissions of approximately 580,000,000 kg CO2e, comprising 866,000 kg CO2e from Scope 1, 2,888,000 kg CO2e from Scope 2, and 577,446,000 kg CO2e from Scope 3. The company has set ambitious climate commitments, aiming to reduce its total emissions (Scope 1, 2, and 3) by 95% by 2050, using 2022 as the baseline year. Additionally, IKO PLC has committed to reducing Scope 1 and Scope 2 emissions by 42% by 2030. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect IKO's commitment to achieving net-zero emissions by 2050. The company’s targets are classified as consistent with limiting global warming to 1.5°C, demonstrating a proactive approach to climate action 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 |
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.
