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 GHG Emissions Data Preview

In 2023, Installed Building Products completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), and Scope 2 (indirect emissions from purchased energy).

However, Installed Building Products has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Installed Building Products amounted to 130,941 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Installed Building Products decreased by 5.79%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Installed Building Products's Scope 1 Emissions Over Time

2020202120222023035 k70 k105 k140 ktCO2e-4%-3%-6%
  • Total Scope 1
  • Year-over-Year Change

What are Installed Building Products's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Installed Building Products were 121,373 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Installed Building Products reduced its Scope 1 emissions over time?

Since 2020, Installed Building Products's Scope 1 emissions have decreased by 12.79%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Installed Building Products's Scope 1 emissions decreased by 6.1%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Installed Building Products's Scope 2 emissions?

In 2023, Installed Building Products reported Scope 2 greenhouse gas (GHG) emissions of 6,300 tCOâ‚‚e using the market-based method, and 9,568 tCOâ‚‚e using the location-based method.

Has Installed Building Products reduced its Scope 2 emissions over time?

Since 2020, Installed Building Products's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 14.31%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Installed Building Products's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Installed Building Products 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Installed Building Products use for Scope 2 reporting?

In 2023, Installed Building Products reported its Scope 2 emissions using the market-based method and using the location-based method.

Installed Building Products's Scope 2 Emissions Over Time

202020212022202303 k6 k9 k12 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based