Interpublic Group of Companies Inc

Common Name
IPG
Country
United States
Sector
Communication Services
Industry
Advertising Agencies
Employees
51,500
Ticker
IPG
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Interpublic Group of Companies, Inc. is a holding company that operates globally within the advertising and marketing services industry. It primarily functions to provide a comprehensive suite of serv...

IPG's GHG Emissions Data Preview

In 2023, IPG 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), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

IPG has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

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 IPG's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of IPG amounted to 43,561.8 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 decreased by 8.76%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

IPG's Scope 1 Emissions Over Time

20182019202020212022202303 k6 k9 k12 ktCO2e-4%-7%+37%+20%-19%
  • Total Scope 1
  • Year-over-Year Change

What are IPG's Scope 1 emissions?

In 2023, the total Scope 1 emissions of IPG were 9,029.85 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has IPG reduced its Scope 1 emissions over time?

Since 2018, IPG's Scope 1 emissions have increased by 18.25%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), IPG's Scope 1 emissions decreased by 19.33%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are IPG's Scope 2 emissions?

In 2023, IPG reported Scope 2 greenhouse gas (GHG) emissions of 23,403.36 tCOâ‚‚e using the market-based method, and 34,531.95 tCOâ‚‚e using the location-based method.

Has IPG reduced its Scope 2 emissions over time?

Since 2018, IPG's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 59.77%, reflecting a declining long-term trend in Scope 2 emissions over time.

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

What methodology does IPG use for Scope 2 reporting?

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

IPG's Scope 2 Emissions Over Time

201820192020202120222023025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into IPG's Value Chain Emissions

In 2023, IPG reported 380,435 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of IPG includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

IPG's Scope 3 Emissions Over Time

201920202021202220230150 k300 k450 k600 ktCO2e-41%+10%+23%-12%
  • Total Scope 3
  • Year-over-Year Change

What are IPG's Scope 3 emissions?

In 2023, IPG reported total Scope 3 emissions of 380,435 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), IPG's Scope 3 emissions decreased by 12%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does IPG disclose?

In 2023, IPG reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of IPG's Scope 3 emissions?

In 2023, the largest contributors to IPG's Scope 3 emissions were:

  • Business Travel (Cat. 6): 83,031 tCOâ‚‚e (50.36%)
  • Employee Commuting (Cat. 7): 42,472 tCOâ‚‚e (25.76%)
  • Capital Goods (Cat. 2): 25,746 tCOâ‚‚e (15.61%)

IPG's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(25.8%)Business Travel(Cat. 6)(50.4%)Capital Goods(Cat. 2)(15.6%)

Insights into IPG's Total Carbon Footprint

In 2023, IPG reported a total carbon footprint of 423,996.8 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.68% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to IPG's total carbon footprint was Scope 3 emissions, accounting for 89.73% of the company's total carbon footprint, followed by Scope 2 emissions at 8.14%.

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