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IPG Photonics Corp
IPG Photonics's GHG Emissions Data Preview
In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Verified Sources Behind IPG Photonics’s Greenhouse Gas (GHG) Emissions Data
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Insights into IPG Photonics's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofIPG Photonics amounted to58,691metric 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).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of IPG Photonicsincreased by 31.81%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
IPG Photonics's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are IPG Photonics's Scope 1 emissions?
In 2024, the total Scope 1 emissions of IPG Photonics were 41,764 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has IPG Photonics reduced its Scope 1 emissions over time?
Since 2019, IPG Photonics's Scope 1 emissions have increased by 168.03%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), IPG Photonics's Scope 1 emissions increased by 117.18%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are IPG Photonics's Scope 2 emissions?
In 2024, IPG Photonics reported Scope 2 greenhouse gas (GHG) emissions of 16,927 tCOâ‚‚e without specifying the calculation method.a
Has IPG Photonics reduced its Scope 2 emissions over time?
Since 2019, IPG Photonics's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 52.07%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), IPG Photonics's Scope 2 emissions(Unspecified Calculation Method) fell by 33.08% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does IPG Photonics use for Scope 2 reporting?
In 2024, IPG Photonics reported its Scope 2 emissions using an unspecified methodology.a
IPG Photonics's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into IPG Photonics’s GHG Emissions Intensity Compared to Industry Peers
In 2024, IPG Photonics reported Scope 1 greenhouse gas (GHG) emissions of 41,764 tCOâ‚‚e and total revenues of USD 977 millions. This translates into an emissions intensity of 42.74 tCOâ‚‚e per millions USD.a
IPG Photonics's Scope 1 Emissions Intensity Compared to Peers
How does IPG Photonics's GHG emissions intensity compare to its peers?
In 2024, IPG Photonics reported a Scope 1 emissions intensity of 42.74 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.24, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does IPG Photonics rank on GHG emissions intensity within its industry?
In 2024, IPG Photonics ranked 24 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places IPG Photonics among the least efficient performers, with one of the highest emissions intensities in its sector.a