Public Profile

Ipb Insurance

IPB Insurance, also known as Irish Public Bodies Mutual Insurance, is a leading provider of insurance solutions based in Ireland. Established in 1994, the company primarily serves the public sector, offering tailored insurance products that cater to the unique needs of local authorities and public bodies across the country. With its headquarters in Dublin, IPB Insurance has made significant strides in the industry, focusing on risk management and innovative insurance services. Their core offerings include property, liability, and motor insurance, distinguished by a commitment to customer service and a deep understanding of public sector challenges. Recognised for its strong market position, IPB Insurance has achieved notable milestones, including a robust financial performance and a reputation for reliability. The company continues to be a trusted partner for public entities, ensuring comprehensive coverage and support in an ever-evolving landscape.

DitchCarbon Score

How does Ipb Insurance'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.

29

Industry Average

Mean score of companies in the Insurance 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.

27

Industry Benchmark

Ipb Insurance's score of 29 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

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Ipb Insurance's reported carbon emissions

In 2022, Ipb Insurance reported total carbon emissions of approximately 1,471,000 kg CO2e. This figure includes Scope 1 emissions of about 34,000 kg CO2e, primarily from direct operations, and Scope 2 emissions of approximately 49,000 kg CO2e, which are associated with energy consumption. The majority of their emissions stem from Scope 3, totalling around 1,388,000 kg CO2e, with significant contributions from purchased goods and services (about 1,260,000 kg CO2e) and employee commuting (approximately 108,000 kg CO2e). Comparatively, in 2021, Ipb Insurance's total emissions were about 1,368,000 kg CO2e, indicating a slight increase in emissions year-on-year. The breakdown for 2021 shows Scope 1 emissions at approximately 58,000 kg CO2e, Scope 2 emissions at around 61,000 kg CO2e, and Scope 3 emissions at about 1,249,000 kg CO2e. Despite the increase in emissions, Ipb Insurance has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This context highlights the need for the organisation to establish clear climate commitments to align with industry standards and expectations for sustainability.

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2019202020212022
Scope 1
79,000
00,000
00,000
00,000
Scope 2
109,000
00,000
00,000
-
Scope 3
78,000
00,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ipb Insurance's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Ipb Insurance is in IE, which has a low grid carbon intensity relative to other regions.

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.

Ipb Insurance 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers