Ip
IP Group plc, headquartered in Great Britain, is a leading player in the intellectual property commercialisation sector. Founded in 2001, the company has established a strong presence in the UK and internationally, focusing on transforming innovative ideas from universities and research institutions into successful businesses. Specialising in technology transfer and venture capital, IP Group is renowned for its unique approach to nurturing early-stage companies, particularly in the fields of life sciences, technology, and clean energy. With a portfolio that includes notable firms and a track record of successful exits, IP Group has solidified its position as a key contributor to the innovation ecosystem. The company’s commitment to fostering innovation has earned it recognition within the industry, making it a trusted partner for researchers and entrepreneurs alike.
DitchCarbon Score
How does Ip'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 Other 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
Ip's score of 53 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ip's reported carbon emissions
In 2024, Ip reported total carbon emissions of approximately 247,000 kg CO2e, a significant decrease from about 350,000 kg CO2e in 2023. The emissions breakdown for 2024 includes about 29,000 kg CO2e from Scope 2 and approximately 218,000 kg CO2e from Scope 3 emissions. This reflects a positive trend in reducing overall emissions, particularly in Scope 2, which saw a reduction from about 19,000 kg CO2e in 2023. Ip has set ambitious climate commitments, aiming for net zero emissions by 2030. This target encompasses all scopes of emissions, with a specific focus on achieving this goal through a pragmatic approach that includes the use of high-quality carbon offsets for Scope 2 and 3 emissions. The company is currently on track to meet its near-term goals, although it acknowledges challenges in the longer-term trajectory. Historically, Ip's emissions have fluctuated, with total emissions recorded at about 127,000 kg CO2e in 2022 and 83,000 kg CO2e in 2021. The company has demonstrated a commitment to transparency by disclosing emissions data across Scope 2 and Scope 3, while Scope 1 data remains undisclosed. Overall, Ip's proactive stance on climate action and its clear reduction targets position it as a responsible player in the global effort to combat climate change.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 8,000 | - | - | - | - | - |
| Scope 2 | 114,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 852,000 | 000,000 | 00,000 | 000,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ip is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
