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 63 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ip's reported carbon emissions
In 2024, IP Group reported total carbon emissions of approximately 247,000 kg CO2e, with significant contributions from Scope 3 emissions at about 218,000 kg CO2e and Scope 2 emissions at about 29,000 kg CO2e. This marks a reduction from 2023, where total emissions were approximately 350,000 kg CO2e, driven primarily by Scope 3 emissions at about 331,000 kg CO2e and Scope 1 emissions at about 242,000 kg CO2e. IP Group has set an ambitious target to achieve net zero emissions by 2030, encompassing all scopes of emissions. In the short term, the company aims to utilise high-quality carbon offsets to address Scope 2 and 3 emissions as part of its strategy to meet this target. This commitment reflects a proactive approach to climate action, aligning with industry standards for sustainability and emissions reduction. Overall, IP Group's emissions intensity metrics indicate a focus on improving efficiency, with emissions intensity reported at about 2,700 kg CO2e per full-time equivalent (FTE) in 2024. The company continues to monitor and report its emissions across all relevant scopes, demonstrating transparency and accountability in its climate commitments.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 174,000 | 000,000 | 000,000 | 000,000 | 000,000 | - |
| Scope 2 | 855,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 225,000 | 000,000 | 00,000 | 000,000 | 000,000 | 000,000 |
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 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.
