Ips Integrated Project Services Sustainability Profile
Ips Integrated Project Services, commonly referred to as IPS, is a leading provider of project delivery and engineering solutions headquartered in the United States. Founded in 1995, the company has established a strong presence in key operational regions, including North America, Europe, and Asia, serving a diverse range of industries such as life sciences, biotechnology, and pharmaceuticals. IPS excels in offering comprehensive services that encompass project management, engineering, and construction management, setting itself apart with a client-centric approach and innovative methodologies. The firm has achieved notable milestones, including successful project completions for major global clients, solidifying its position as a trusted partner in the industry. With a commitment to quality and efficiency, IPS continues to drive excellence in project delivery, making it a prominent player in the integrated project services sector.
DitchCarbon Score
How does Ips Integrated Project Services'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 Business 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.
Industry Benchmark
Ips Integrated Project Services's score of 61 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ips Integrated Project Services's reported carbon emissions
In 2024, IPS Integrated Project Services reported total carbon emissions of approximately 166,000,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 165,000,000 kg CO2e. The breakdown includes Scope 1 emissions of about 91,000 kg CO2e (29,000 kg CO2e from mobile combustion and 62,000 kg CO2e from stationary combustion) and Scope 2 emissions of approximately 1,014,000 kg CO2e. In 2023, the company reported total emissions of about 158,000,000 kg CO2e, with Scope 1 emissions at approximately 95,000 kg CO2e and Scope 2 emissions at about 1,025,000 kg CO2e. The Scope 3 emissions for that year were around 156,000,000 kg CO2e. IPS Integrated Project Services has set ambitious climate commitments, aiming for a 50% reduction in CO2 emissions by 2030 from 2005 levels and achieving net zero greenhouse gas emissions by 2050. Additionally, the company has committed to reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2023 base year. Furthermore, they aim for 80% of their suppliers, based on emissions from purchased goods and services, to have science-based targets by 2029. These targets are part of their broader climate strategy, which aligns with the Science Based Targets initiative (SBTi) and reflects their commitment to addressing climate change within the construction and engineering sector. The emissions data and reduction targets are cascaded from their parent company, Berkshire Hathaway Inc., indicating a structured approach to sustainability across their corporate family.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 95,000 | 00,000 |
| Scope 2 | 1,025,000 | 0,000,000 |
| Scope 3 | 167,127,000 | 000,000,000 |
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Ips Integrated Project Services's Scope 3 Categories Breakdown
Ips Integrated Project Services's Scope 3 emissions, which increased by 12% last year and increased by approximately 12% since 2023, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 89% of Scope 3 emissions.
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Ips Integrated Project Services's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Ips Integrated Project Services has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Ips Integrated Project Services's sustainability data and climate commitments