Installed Building Products Inc

Common Name
Installed Building Products
Country
United States
Sector
Consumer Cyclical
Industry
Residential Construction
Employees
10,800
Ticker
IBP
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Installed Building Products Inc. is a leading provider of insulation installation services across the United States. The company's primary function is to enhance energy efficiency in residential and c...

Installed Building Products's Climate Target Data Preview

As of 2024, Installed Building Products has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 2 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Installed Building Products ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target
Scope 1 - Mobile Combustion
Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Vehicle from Unspecified Activities
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2030
Intensity-based Target*
Scope 1 - Fugitive
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Revenue
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Installed Building Products's Greenhouse Gas Emissions Pathways

As of 2024, Installed Building Products has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Installed Building Products have a target to reduce the emissions from its operations?

As of 2024, Installed Building Products has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Installed Building Products's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 10,018 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

As of 2023, Installed Building Products is ahead of schedule on its operational emissions reduction target, having achieved 74.22% of the planned reduction.

Installed Building Products's Operational (Scope 1+2) Emissions Pathway

20202023203003 k6 k9 k12 kBaselineCurrent (-37%)Target 2030 (-50%)
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