Ip
IP Group plc, headquartered in Great Britain, is a leading player in the intellectual property commercialisation sector. Founded in 2001, the company has established a strong presence in the UK and internationally, focusing on transforming innovative ideas from universities and research institutions into successful businesses. Specialising in technology transfer and venture capital, IP Group is renowned for its unique approach to nurturing early-stage companies, particularly in the fields of life sciences, technology, and clean energy. With a portfolio that includes notable firms and a track record of successful exits, IP Group has solidified its position as a key contributor to the innovation ecosystem. The company’s commitment to fostering innovation has earned it recognition within the industry, making it a trusted partner for researchers and entrepreneurs alike.
DitchCarbon Score
How does Ip'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 Other 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
Ip's score of 35 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ip's reported carbon emissions
In 2023, Ip reported total carbon emissions of 350,000 kg CO2e, comprising 242,000 kg CO2e from Scope 1, 353,000 kg CO2e from Scope 2, and 89,000 kg CO2e from Scope 3 emissions. This marks a significant increase compared to previous years, with total emissions of 127,000 kg CO2e in 2022, 83,000 kg CO2e in 2021, and 139,000 kg CO2e in 2020. Despite the fluctuations in emissions, Ip has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company has reported emissions intensity metrics, such as 3,700 kg CO2e per full-time equivalent (FTE) and 400 kg CO2e per square metre in 2023, but lacks formal commitments to climate pledges or science-based targets. Overall, while Ip has made strides in tracking its emissions across various scopes, the absence of defined reduction targets highlights a potential area for improvement in their climate strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 174,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 855,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 225,000 | 000,000 | 0,000 | 00,000 | 00,000 |
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.
Ip is not committed to any reduction initiatives 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.
