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 53 is higher than 75% 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, with Scope 2 emissions contributing about 29,000 kg CO2e and Scope 3 emissions accounting for around 218,000 kg CO2e. This marks a significant reduction from 2023, where total emissions were about 350,000 kg CO2e, with Scope 2 at 19,000 kg CO2e and Scope 3 at 331,000 kg CO2e. Over the past few years, IP Group has demonstrated a commitment to reducing its carbon footprint. The company aims to achieve net zero emissions by 2030, focusing on all scopes of emissions. In the short term, they plan to utilise high-quality carbon offsets to address Scope 2 and 3 emissions as part of their strategy to reach this target. The emissions data is self-reported and does not cascade from any parent organization. The company has disclosed emissions for Scope 2 and Scope 3, while Scope 1 data is not available. The reported emissions intensity metrics include approximately 2,700 kg CO2e per full-time equivalent (FTE) and about 300 kg CO2e per square metre for 2024. IP Group's proactive approach to climate commitments and emissions reduction reflects its dedication to sustainability and environmental responsibility within the industry.
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.