Ipg Photonics Sustainability Profile
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 60% 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 emissions of approximately 37.8 million kg CO2e, comprising 20.9 million kg CO2e from Scope 1 and 16.9 million kg CO2e from Scope 2 emissions. The company has demonstrated a commitment to reducing its carbon footprint, aligning with global targets for carbon neutrality by 2050, as set by over 120 countries, including the United States. This long-term goal encompasses all scopes of emissions. In previous years, IPG Photonics has shown a trend of emissions management, with total emissions of approximately 44.5 million kg CO2e in 2023 and about 59.9 million kg CO2e in 2022. The company has not disclosed any Scope 3 emissions data, indicating a focus primarily on direct and indirect emissions from its operations. IPG Photonics is actively working towards its climate commitments, with a clear target to achieve carbon neutrality by 2050. This initiative reflects the company's dedication to sustainability and its role in the broader context of climate action within the industry.
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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 | - | - | - | - | - | - | - | - |
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Ipg Photonics'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.
Ipg Photonics has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
