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IPG Photonics Corp

Common Name
IPG Photonics
Country
United States
Sector
Financial Services
Industry
Credit Services
Employees
8,351
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 Waste Data Preview

In 2023, IPG Photonics conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards.The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2023202220212020 - 2017
Total Waste Generated
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a
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a
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a
0000000
Total Waste Recovered
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a
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a
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0000000
Total Hazardous Waste Generated
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a
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a
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a
0000000
Non-Hazardous Waste Disposed
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a
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a
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a
0000000
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Verified Sources Behind IPG Photonics’s Waste Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore IPG Photonics’s data sources below and access millions more through our Disclosure Search.

a. IPG Photonics's Sustainability Report 2024
a. IPG Photonics's Sustainability Report 2024

Insights into IPG Photonics's Waste Treatment Practices

In 2023, IPG Photonics generated a total of 4,954metric tonnes of waste.a

Of this amount, 25.92% of IPG Photonics's total waste generated was recovered through methods such as recycling, reuse, or composting, while 62.35% was disposed of through landfilling, incineration, or combustion.The remaining 11.73% was either treated using unspecified methods or not clearly categorized.a

IPG Photonics's Waste Recovery Rate

26%

How much of IPG Photonics's waste is recycled or recovered?

In 2023, IPG Photonics reported a total waste generation of 4,954 metric tonnes, of which 25.92% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that IPG Photonics is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a

Has IPG Photonics reduced its environmental waste footprint over time?

Since 2019, IPG Photonics's total waste generation remained relatively flat, but increased by 5.99% in 2023, potentially signaling a short-term operational expansion or reduced focus on waste prevention.a

Over the same period, IPG Photonics's waste recovery rate increased by 40.03%, but declined by 34.02% in 2023, potentially signaling volatility in waste treatment processes or shifting priorities in waste management.a

Overall, IPG Photonics’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.

IPG Photonics’s Waste Recovery vs. Disposal Over Time

201920202022202301.5 k3 k4.5 k6 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into IPG Photonics’s Generation of Hazardous and Non-Hazardous Waste

In 2023, IPG Photonics generated a total of 4,954 metric tonnes of waste.a

Of this amount, 11.73% of IPG Photonics's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment.88.27% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a

IPG Photonics’s Hazardous vs Non-Hazardous Waste Over Time

2019202020212022202301.5 k3 k4.5 k6 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How IPG Photonics reduced the environmental impact of its waste?

Since 2019, IPG Photonics's total waste generation remained relatively stable, but increased by 5.99% in 2023, potentially indicating a short-term uptick in output or weakened controls over material efficiency.a

Over the same period, IPG Photonics saw a long-term increase of 1.07% in hazardous waste share, but a 41.68% reduction in 2023, indicating a recent improvement that may reflect updated production inputs, enhanced treatment, or stricter controls.a

Overall, IPG Photonics's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.a

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