Innovation Group Holdings Limited Sustainability Profile
Innovation Group Holdings Limited, commonly referred to as Innovation Group, is a leading provider of technology solutions headquartered in Great Britain. Established in the early 2000s, the company has made significant strides in the insurance and automotive sectors, offering a range of services that enhance operational efficiency and customer experience. With a strong presence in the UK and expanding operations across Europe, Innovation Group focuses on delivering innovative software and consultancy services tailored to the needs of insurers and fleet operators. Their core offerings include claims management systems and digital transformation solutions, distinguished by their adaptability and user-centric design. Recognised for its commitment to excellence, Innovation Group has achieved notable milestones, positioning itself as a trusted partner in the industry. The company continues to drive advancements in technology, ensuring clients remain competitive in a rapidly evolving market.
DitchCarbon Score
How does Innovation Group Holdings Limited'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 Real Estate 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
Innovation Group Holdings Limited's score of 64 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Innovation Group Holdings Limited, headquartered in the United Kingdom, has not reported any specific carbon emissions data for the most recent year. However, the company has made significant commitments towards achieving net-zero emissions across all scopes by 2050, as indicated by their Science Based Targets initiative (SBTi) commitments. The company is currently classified as a committed participant in the SBTi, with a long-term target status of "net zero" set for 2050. This commitment encompasses all scopes of emissions, although specific reduction percentages have not been disclosed. It is important to note that Innovation Group Holdings Limited is a current subsidiary of Allianz SE, which may influence its climate strategies and reporting. Emissions data and performance metrics may be cascaded from Allianz SE, reflecting the broader corporate family’s sustainability initiatives. As of now, Innovation Group Holdings Limited is actively working towards its climate commitments, although detailed emissions data and specific reduction targets remain unavailable.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 51,838,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 167,888,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 159,719,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
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Innovation Group Holdings Limited's Scope 3 Categories Breakdown
Innovation Group Holdings Limited's Scope 3 emissions, which increased by 6% last year and decreased by approximately 36% since 2017, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 71% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 54% of Scope 3 emissions.
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Innovation Group Holdings Limited'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.
Innovation Group Holdings Limited 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.
