Ip
IP Group plc, headquartered in London, is a leading intellectual property commercialisation company that focuses on transforming innovative ideas into successful businesses. Founded in 2001, the company has established a strong presence in the UK, the US, and other key global markets, specialising in sectors such as technology, life sciences, and clean energy. IP Group is renowned for its unique approach to nurturing early-stage companies, providing not only capital but also strategic support to help them thrive. Its diverse portfolio includes groundbreaking ventures in biotechnology and advanced materials, positioning the firm as a significant player in the intellectual property landscape. With a commitment to fostering innovation, IP Group has achieved notable milestones, including successful public listings and partnerships with leading universities, solidifying its reputation as a trusted partner in the commercialisation of intellectual property.
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 35 is higher than 85% 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 Group Plc reported total carbon emissions of approximately 350,000 tonnes CO2e. This figure includes 242,000 tonnes CO2e from Scope 1 emissions, 353,000 tonnes CO2e from Scope 2 emissions, and 89,000 tonnes CO2e from Scope 3 emissions. Over the past few years, IP Group has demonstrated a commitment to reducing its carbon footprint. In 2022, the company emitted about 127,000 tonnes CO2e, while in 2021, emissions were approximately 83,000 tonnes CO2e. This indicates a significant reduction in emissions from 2021 to 2022, although the 2023 figures show an increase compared to the previous year. IP Group has not set specific reduction targets under the Science Based Targets initiative (SBTi) or disclosed any formal climate pledges. Their CDP scores have varied, with a recent score of "C" in 2023, reflecting ongoing efforts to improve transparency and sustainability practices. Overall, while IP Group has made strides in emissions reduction, the company continues to face challenges in maintaining a downward trend in its carbon emissions.
Unlock detailed emissions data
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 |
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 committed to some 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.
