IPG Photonics Corp

Common Name
IPG Photonics
Country
United States
Sector
Technology
Industry
Semiconductor Equipment & Materials
Employees
4,740
Ticker
IPGP
Exchange
NASDAQ/NGS
Description
IPG Photonics Corporation specializes in the innovation and production of high-performance fiber lasers and amplifiers for diverse applications. At the forefront of optical technology, the company's p...

IPG Photonics's GHG Emissions Data Preview

In 2023, IPG Photonics 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, IPG Photonics 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
Unspecified Calculation Method
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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 IPG Photonics's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of IPG Photonics amounted to 50,305 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 IPG Photonics decreased by 16.67%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

IPG Photonics's Scope 1 Emissions Over Time

20182019202020212022202305 k10 k15 k20 ktCO2e+29%-13%-19%+33%+27%
  • Total Scope 1
  • Year-over-Year Change

What are IPG Photonics's Scope 1 emissions?

In 2023, the total Scope 1 emissions of IPG Photonics were 18,507 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has IPG Photonics reduced its Scope 1 emissions over time?

Since 2018, IPG Photonics's Scope 1 emissions have increased by 52.95%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), IPG Photonics's Scope 1 emissions increased by 27.4%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are IPG Photonics's Scope 2 emissions?

In 2023, IPG Photonics reported Scope 2 greenhouse gas (GHG) emissions of 31,798 tCOâ‚‚e without specifying the calculation method.

Has IPG Photonics reduced its Scope 2 emissions over time?

Since 2018, IPG Photonics's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 13.49%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), IPG Photonics's Scope 2 emissions (Unspecified Calculation Method) fell by 30.63% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does IPG Photonics use for Scope 2 reporting?

In 2023, IPG Photonics reported its Scope 2 emissions using an unspecified methodology.

IPG Photonics's Scope 2 Emissions Over Time

201820192020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)
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