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 20 is higher than 89% 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 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 marked a significant increase from 2022, where total emissions were about 127,000 kg CO2e. In previous years, emissions have shown a fluctuating trend. In 2022, Scope 1 emissions were approximately 690,000 kg CO2e, Scope 2 emissions were about 393,000 kg CO2e, and Scope 3 emissions were around 18,000 kg CO2e. The year 2021 saw total emissions of about 83,000 kg CO2e, with Scope 1 at approximately 185,000 kg CO2e, Scope 2 at around 453,000 kg CO2e, and Scope 3 at just 3,000 kg CO2e. In 2020, total emissions were reported at about 139,000 kg CO2e, with Scope 1 emissions at approximately 244,000 kg CO2e, Scope 2 at around 635,000 kg CO2e, and Scope 3 at about 216,000 kg CO2e. The highest recorded emissions were in 2019, with a total of approximately 974,000 kg CO2e, comprising Scope 1 emissions of about 174,000 kg CO2e, Scope 2 emissions of around 855,000 kg CO2e, and Scope 3 emissions of approximately 225,000 kg CO2e. Despite these figures, Ip has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies suggests a need for enhanced focus on sustainability and emissions reduction in future planning.
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Add to project| 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.
