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 55 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Ip reported total carbon emissions of approximately 247,000 kg CO2e, a significant decrease from about 350,000 kg CO2e in 2023. The emissions breakdown for 2024 includes about 29,000 kg CO2e from Scope 2 and approximately 218,000 kg CO2e from Scope 3 emissions. This marks a notable reduction in total emissions, reflecting a commitment to sustainability. Ip has set an ambitious target to achieve net zero emissions by 2030, focusing on all scopes of emissions. In the short term, the company aims to utilise high-quality carbon offsets to address Scope 2 and Scope 3 emissions as part of its strategy to meet this goal. This commitment underscores Ip's proactive approach to climate action and its dedication to reducing its carbon footprint in the coming years. The company has also reported emissions intensities, with approximately 2,700 kg CO2e per full-time equivalent (FTE) and about 300 kg CO2e per square metre in 2024, indicating ongoing efforts to improve operational efficiency while reducing emissions.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 8,000 | - | - | - | - | - |
Scope 2 | 114,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
Scope 3 | 852,000 | 000,000 | 00,000 | 000,000 | 000,000 | 000,000 |
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.