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 35 is higher than 79% 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, with Scope 1 emissions at about 242,000 kg CO2e, Scope 2 emissions at around 353,000 kg CO2e, and Scope 3 emissions at approximately 89,000 kg CO2e. This marks a significant increase from 2022, where total emissions were about 127,000 kg CO2e. Over the years, Ip has shown fluctuations in its emissions, with a peak in 2019 at approximately 974,000 kg CO2e. The breakdown for that year included Scope 1 emissions of about 174,000 kg CO2e, Scope 2 emissions of approximately 855,000 kg CO2e, and Scope 3 emissions of about 225,000 kg CO2e. Despite these figures, there are currently no documented reduction targets or climate pledges from Ip, indicating a potential area for improvement in their climate commitments. The company has disclosed emissions across all three scopes, reflecting a comprehensive approach to tracking its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 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 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.