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 Electrical Machinery 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 40 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ipg Photonics's reported carbon emissions
In 2024, IPG Photonics reported total carbon emissions of approximately 20,877,000 kg CO2e for Scope 1 and about 16,927,000 kg CO2e for Scope 2, resulting in a combined total of around 37,814,000 kg CO2e. This marks a notable increase from 2023, where emissions were approximately 19,230,000 kg CO2e for Scope 1 and 25,296,000 kg CO2e for Scope 2, leading to a total of about 44,526,000 kg CO2e. The company has set a long-term commitment to achieve carbon neutrality by 2050, aligning with global targets set by over 120 countries, including the U.S. This commitment encompasses all scopes of emissions, although specific reduction percentages have not been disclosed. IPG Photonics has not reported any Scope 3 emissions data, and their climate initiatives are primarily focused on enhancing the efficiency of their laser technologies. The emissions data is sourced directly from IPG Photonics Corporation, with no cascading from a parent or related organization. Overall, while IPG Photonics has made strides in addressing its carbon footprint, the increase in emissions from 2023 to 2024 highlights the ongoing challenges in achieving its climate commitments.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 13,435,000 | 00,000,000 | 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 | 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 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.
