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In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 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 2 | ||||
Market-Based | 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 |
Location-Based | 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 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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofIPG amounted to42,133metric 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 IPGdecreased by 3.28%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of IPG were 10,183 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2019, IPG's Scope 1 emissions have increased by 39.19%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), IPG's Scope 1 emissions increased by 12.77%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, IPG reported Scope 2 greenhouse gas (GHG) emissions of 20,123 tCOâ‚‚e using the market-based method and 31,950 tCOâ‚‚e using the location-based method.a
Since 2019, IPG's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 62.5%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), 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.ab
In 2024, IPG reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, IPG reported 315,682 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of IPG includes a breakdown across 6of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, IPG reported total Scope 3 emissions of 315,682 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
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.a
Since 2019, IPG's Scope 3 emissionshave decreased by 41.59%, reflecting a declining long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), IPG's Scope 3 emissions decreased by 17.02%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, IPG reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to IPG's Scope 3 emissions were:a
In 2024, IPG reported Scope 1 greenhouse gas (GHG) emissions of 10,183 tCOâ‚‚e and total revenues of USD 10,692 millions. This translates into an emissions intensity of 0.95 tCOâ‚‚e per millions USD.a
In 2024, IPG reported a Scope 1 emissions intensity of 0.95 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.06, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, IPG ranked 12 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
IPG is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, IPG reported a total carbon footprint of 357,815 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.61% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to IPG's total carbon footprint was Scope 3 emissions, accounting for 88.22% of the company's total carbon footprint, followed by Scope 2 emissions at 8.93%.a