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Ipg Photonics
Electrical Machinery ManufacturingUnited StatesNASDAQ: IPGP
Last verified 3 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.
21
DitchCarbon score
-10 vs industry average
Ipg Photonics’s score of 21 is lower than 39% 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
High
Electrical Machinery Manufacturing has above-average carbon intensity
Industry performance
0.315
20182025
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018
Emissions trajectory 2020 – 2027
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-headquartered company in the Electrical machinery and apparatus n.e.c. industry, reported its Scope 1 and Scope 2 emissions for 2024 as approximately 37,814,000 kg CO2e. This figure includes about 20,877,000 kg CO2e from Scope 1 and 16,927,000 kg CO2e from Scope 2. In 2023, the company's combined Scope 1 and Scope 2 emissions were approximately 44,526,000 kg CO2e, comprising around 19,230,000 kg CO2e from Scope 1 and 25,296,000 kg CO2e from Scope 2. Looking back to 2022, IPG Photonics recorded Scope 1 and Scope 2 emissions of approximately 59,991,000 kg CO2e, with Scope 1 at about 15,902,000 kg CO2e and Scope 2 at approximately 44,089,000 kg CO2e.
IPG Photonics has a long-term net-zero target for all scopes by 2050. This commitment is in line with the target set by over 120 countries, including the US, for reaching carbon neutrality. The company has publicly disclosed its Scope 1 and 2 emissions but has not yet reported on Scope 3 emissions.
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Ipg Photonics’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
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%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Ipg Photonics3 days ago
21
DEAutomatic Environmental Control Manufacturing for Residential, Commercial, and Appliance UseView
5 days ago
100
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