Interpublic

Interpublic reported total Scope 1, 2, and 3 emissions of approximately 308.2 million kg CO2e in 2024. This includes about 10.18 million kg CO2e from Scope 1, 20.12 million kg CO2e from market-based Scope 2, and 290.15 million kg CO2e from Scope 3 emissions. In 2023, the company's total Scope 1 and 2 market-based emissions were 32.43 million kg CO2e, with Scope 3 emissions at 380.44 million kg CO2e. This marks a reduction from 2022, where Scope 1 and 2 market-based emissions stood at 40.49 million kg CO2e and Scope 3 at 432.31 million kg CO2e. For 2019, the baseline year for many of its targets, Interpublic's Scope 1 emissions were 7.32 million kg CO2e, market-based Scope 2 emissions were 88.79 million kg CO2e, and Scope 3 emissions totalled 540.46 million kg CO2e.

Interpublic has set ambitious climate commitments, with near-term science-based targets approved by the Science Based Targets initiative (SBTi) cascaded from its ultimate parent, The Interpublic Group of Companies, Inc. These targets commit the company to reducing absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, compared to a 2019 baseline. Furthermore, Interpublic aims to reduce its Scope 3 emissions by 30% within the same timeframe. The company is also a signatory of The Climate Pledge and the UN-backed Race to Zero campaign, committing to achieve net-zero carbon emissions across its global operations by 2040. As part of this, Interpublic plans to source 100% renewable electricity across its portfolio by 2030, and by the end of the 2024 reporting year, had purchased enough Renewable Energy Certificates (RECs) to cover 46% of its total purchased electricity. The company also encourages its suppliers to reduce their total emissions by 30% by 2030 (2019 baseline) and reach net-zero carbon by 2040.