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.
-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
Electrical Machinery Manufacturing has below-average carbon intensity
Industry performance
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 37% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Ipg Photonics's reported carbon emissions
IPG Photonics, headquartered in the US, is committed to reducing its environmental impact and has set long-term climate goals. While the provided data focuses on Scope 1 and Scope 2 emissions, the company aims for carbon neutrality by 2050. For the most recent reporting year, 2024, IPG Photonics reported approximately 20.87 million kg CO2e for Scope 1 emissions and about 16.93 million kg CO2e for Scope 2 emissions, resulting in a combined total of approximately 37.81 million kg CO2e. In 2023, the company's Scope 1 emissions were around 19.23 million kg CO2e, and Scope 2 emissions were approximately 25.30 million kg CO2e, totalling roughly 44.53 million kg CO2e. Previous years show the following Scope 1 and 2 emissions: * **2022:** Approximately 59.99 million kg CO2e * **2021:** Approximately 55.59 million kg CO2e * **2020:** Approximately 49.22 million kg CO2e * **2019:** Approximately 50.90 million kg CO2e * **2018:** Approximately 48.86 million kg CO2e * **2017:** Approximately 54.04 million kg CO2e IPG Photonics has indicated a long-term target for carbon neutrality by 2050. The company's climate commitments are not cascaded from a parent organisation, with its own direct reporting on emissions and initiatives. Scope 3 emissions data, specifically for purchased goods and services, is currently missing from their disclosures.
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Ipg Photonics’s Climate Goals (2030 & 2050)
1 goal2050
Over 120 countries, including the U
Over 120 countries, including the U.S., have set a target date of 2050 for reaching carbon neutrality.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Ipg Photonics
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