Ipg Photonics
IPG Photonics Corporation, a leader in the fibre laser industry, is headquartered in the United States, with significant operations across Europe and Asia. Founded in 1990, the company has established itself as a pioneer in the development of high-performance fibre lasers and amplifiers, catering to a diverse range of applications including materials processing, telecommunications, and medical technologies. IPG's core offerings include a wide array of fibre lasers, laser systems, and related accessories, distinguished by their efficiency, reliability, and superior beam quality. The company has achieved notable milestones, such as being the first to commercialise high-power fibre lasers, solidifying its position as a market leader. With a commitment to innovation and excellence, IPG Photonics continues to drive advancements in laser technology, serving a global clientele and maintaining a strong competitive edge in the industry.
DitchCarbon Score
How does Ipg Photonics'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 Motor Vehicle Manufacturing 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
Ipg Photonics's score of 23 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ipg Photonics's reported carbon emissions
In 2023, IPG Photonics reported total carbon emissions of approximately 50,067,000 kg CO2e, comprising about 18,507,000 kg CO2e from Scope 1 and about 31,798,000 kg CO2e from Scope 2 emissions. This reflects a notable increase in emissions compared to previous years, with 2022 emissions recorded at approximately 60,660,000 kg CO2e (14,527,000 kg CO2e from Scope 1 and 45,839,000 kg CO2e from Scope 2). Over the years, IPG Photonics has demonstrated a commitment to reducing its carbon footprint. The company has set a long-term target to achieve carbon neutrality by 2050, aligning with global efforts from over 120 countries, including the U.S. This commitment encompasses all scopes of emissions, indicating a comprehensive approach to sustainability. The company has also reported a decrease in emissions intensity per laser sold, with figures showing a reduction from approximately 1,570 kg CO2e per laser in 2017 to about 1,080 kg CO2e in 2022. This trend highlights IPG Photonics' ongoing efforts to enhance efficiency and reduce greenhouse gas emissions in its operations. Overall, while recent emissions data indicates an upward trend, IPG Photonics remains focused on its long-term climate commitments and initiatives aimed at achieving significant reductions in carbon emissions.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 13,435,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 40,600,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
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.
Ipg Photonics 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.
