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.
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.
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.
Ip's score of 42 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Ip reported total carbon emissions of approximately 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 from 2022, where total emissions were about 127,000 kg CO2e, with Scope 1 emissions at 690,000 kg CO2e, Scope 2 at 393,000 kg CO2e, and Scope 3 at 18,000 kg CO2e. Over the years, Ip has shown fluctuations in its emissions profile. In 2021, total emissions were around 83,000 kg CO2e, with Scope 1 at 185,000 kg CO2e, Scope 2 at 453,000 kg CO2e, and Scope 3 at 3,000 kg CO2e. The trend continued with 2020 emissions reported at 139,000 kg CO2e, where Scope 1 was 244,000 kg CO2e, Scope 2 was 635,000 kg CO2e, and Scope 3 was 216,000 kg CO2e. Despite these figures, Ip has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests a need for enhanced strategies to address carbon emissions effectively. As a company headquartered in Great Britain, Ip's emissions data reflects its operational impact on global climate change, highlighting the importance of establishing clear and actionable climate goals moving forward.
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 |
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 participating in any 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.