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 62 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 2024, IP Group Plc reported total carbon emissions of approximately 247,000 kg CO2e in Great Britain, with Scope 2 emissions accounting for about 29,000 kg CO2e and Scope 3 emissions contributing approximately 218,000 kg CO2e. This marks a significant reduction from the previous year's total emissions of about 350,000 kg CO2e, which included 19,000 kg CO2e from Scope 2 and 331,000 kg CO2e from Scope 3. The company has set ambitious climate commitments, aiming for net zero emissions across all scopes by 2030. This target reflects a pragmatic approach, particularly for Scope 2 and 3 emissions, which may involve the use of high-quality carbon offsets. The commitment to achieve net zero by 2030 was established in 2023, indicating a proactive stance towards climate action. IP Group's emissions data is not cascaded from any parent organization, ensuring that the reported figures are solely reflective of its own operations. The company continues to monitor and report its emissions, demonstrating transparency and accountability in its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 908,800 | 0,000 | - | - | - | - | 00,000 |
| Scope 2 | 14,800 | 000,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 126,000 | 000,000 | 000,000 | 00,000 | 000,000 | 000,000 | 000,000 |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Ip has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
