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.
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.
Mean score of companies in the 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.
Ipb Insurance's score of 20 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Ipb Insurance reported total carbon emissions of approximately 1,471,000 kg CO2e. This figure includes 34,000 kg CO2e from Scope 1 emissions, 49,000 kg CO2e from Scope 2 emissions (location-based), and significant Scope 3 emissions of 811,000 kg CO2e from purchased goods and services, alongside 18,000 kg CO2e from business travel and 108,000 kg CO2e from employee commuting. Comparatively, emissions in 2021 were about 1,368,000 kg CO2e, with Scope 1 emissions at 58,000 kg CO2e, Scope 2 emissions at 61,000 kg CO2e (market-based), and Scope 3 emissions reaching 1,325,000 kg CO2e. The data indicates a notable increase in total emissions from 2021 to 2022. In 2020, total emissions were reported at approximately 104,000 kg CO2e, with Scope 1 emissions of 39,000 kg CO2e and Scope 2 emissions of 78,000 kg CO2e (market-based). The Scope 3 emissions for that year were significantly lower at 1,265,000 kg CO2e. For 2019, Ipb Insurance's total emissions were about 226,000 kg CO2e, with Scope 1 emissions at 79,000 kg CO2e and Scope 2 emissions at 109,000 kg CO2e (market-based). Scope 3 emissions were particularly high at 1,260,000 kg CO2e. Despite these figures, Ipb Insurance has not disclosed specific reduction targets or initiatives, indicating a potential area for improvement in their climate commitments. The absence of defined reduction strategies suggests that the company may need to enhance its focus on sustainability and emissions reduction in line with industry standards.
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Add to project2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Scope 1 | 79,000 | 00,000 | 00,000 | 00,000 |
Scope 2 | 109,000 | 00,000 | 00,000 | - |
Scope 3 | 1,334,000 | 0,000,000 | 0,000,000 | 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.
Ipb Insurance is not committed to any 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.