ESG Reporting 2023
IPG invests significant time, effort and resources in support of our ESG programs, which are foundational to our company’s mission and purpose.
Let’s Start with Our Targets
Reaching Net Zero
IPG is committed to reaching net-zero carbon across our operations by 2040 – joining more than 450 other companies and organizations in 41 countries who have made the same commitment as a signatory of The Climate Pledge.
Setting Science-Based Targets
IPG has set two science-based targets to reach by 2030:
- 50% reduction of Scope 1 and Scope 2 emissions (2019 baseline)
- 30% reduction of Scope 3 emissions (2019 baseline)
Our targets have been approved by the Science Based Targets initiative (SBTi) as aligned with limiting global temperature rise to 1.5 degrees Celsius above pre-industrial levels.
Sourcing Renewable Electricity
IPG is also pursuing a goal to source 100% renewable electricity across our entire portfolio by 2030. We reached 30% of that goal by the end of 2023.
On Track to Achievement
We have achieved our near-term target of a 50% reduction in our Scopes 1 and 2 emissions and have made significant progress towards our 30% reduction in our Scope 3 emissions during the year.
There is much more to our story. Read the full report
for all the insights into our company’s efforts.
ESG is a Core Focus Across Our Company
We’ve made our commitment to ESG programs a cornerstone of our values, and our clients and stakeholders are looking for a transparent partner that tracks and reports publicly on our progress. This is a work in progress for each of us and will require continued partnership and dialogue going forward.”
– IPG CEO Philippe Krakowsky
