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OrganisationsIpg Photonics
Ipg Photonics logo

Ipg Photonics

Electrical Machinery ManufacturingUnited StatesNASDAQ: IPGP
Last verified 10 days agoipgphotonics.com

IPG Photonics Corporation, a leader in the electrical machinery and apparatus sector, is headquartered in the United States. 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 industries including materials processing, telecommunications, and medical applications.

With major operational regions across North America, Europe, and Asia, IPG Photonics is renowned for its innovative laser technology, which offers superior efficiency and reliability. The company's core products, including fibre lasers and laser systems, are distinguished by their exceptional beam quality and energy efficiency, setting them apart in a competitive market.

Recognised for its significant contributions to laser technology, IPG Photonics continues to maintain a strong market position, consistently achieving milestones that underscore its commitment to innovation and excellence in the field.

30
DitchCarbon score

-6 vs industry average

Ipg Photonics’s score of 30 is lower than 44% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Electrical Machinery Manufacturing has below-average carbon intensity

Industry performance

0.110
20192025

The Electrical Machinery Manufacturing industry has reduced its overall emissions by 37% since 2019

Emissions trajectory 2020 – 2027

00M00.0M00.0M00.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Ipg Photonics's reported carbon emissions

IPG Photonics, a US-based company operating in the Electrical machinery and apparatus n.e.c. industry (31), has reported emissions for Scope 1 and Scope 2 across several years. For 2024, the company reported Scope 1 emissions of approximately 20.9 million kg CO2e and Scope 2 emissions of approximately 16.9 million kg CO2e, resulting in a combined total of about 37.8 million kg CO2e. This marks a decrease from 2023, when Scope 1 emissions were approximately 19.2 million kg CO2e and Scope 2 emissions were around 25.3 million kg CO2e, for a combined total of approximately 44.5 million kg CO2e. In 2022, IPG Photonics reported Scope 1 emissions of approximately 15.9 million kg CO2e and Scope 2 emissions of approximately 44.1 million kg CO2e, totalling around 60.0 million kg CO2e. The previous year, 2021, saw Scope 1 emissions of approximately 12.0 million kg CO2e and Scope 2 emissions of approximately 43.6 million kg CO2e, with a combined total of about 55.6 million kg CO2e. Emissions data from 2017 through 2020 are also available, showing fluctuations in Scope 1 and Scope 2 emissions, but Scope 3 data has not been disclosed for these reporting periods. IPG Photonics has indicated a long-term climate commitment towards reaching carbon neutrality, aligning with targets set by over 120 countries, including the US, aiming for 2050. The company has not disclosed specific reduction targets for all scopes or been validated by the Science Based Targets initiative (SBTi).

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Ipg Photonics’s Climate Goals (2030 & 2050)

1 goal

2050

Over 120 countries, including the U

Over 120 countries, including the U.S., have set a target date of 2050 for reaching carbon neutrality.

At risk0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Ipg Photonics logoIpg Photonics
USElectrical Machinery Manufacturing
10 days ago
30
Siemens logoSiemens
DEAutomatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use
3 days ago
100
View
JENOPTIK logoJENOPTIK
DEMedical Device Manufacturing
14 days ago
65
View
Lumentum logoLumentum
USCommunication Equipment Manufacturing
24 days ago
61
View
Wolf Speed logoWolf Speed
USElectrical Machinery Manufacturing
24 days ago
52
View
Coherent, Inc. logoCoherent, Inc.
USMedical Device Manufacturing
24 days ago
52
View
Thorlabs logoThorlabs
USComputer Services
12 days ago
47
View

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Ditchcarbonv260319.2
[email protected]+44 203 475 7875

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