IPG Photonics Corp 2020 SR
The report highlights IPG Photonics' leadership in fiber laser technology and its commitment to environmental sustainability. In 2019, the company achieved a 15% reduction in energy intensity per kilowatt of laser power sold and estimated that its products saved customers 6 million metric tons of CO2 emissions that year. The report details the company's vertical integration strategy, which minimizes environmental impact by manufacturing components in-house. Social highlights include a 22% representation of women in senior leadership and a comprehensive response to the COVID-19 pandemic, including PPE donations and employee support programs. The company also aligns its strategy with seven UN Sustainable Development Goals.
Company: IPG Photonics Corp
Sector: Information Technology
Country: United States
Year: 2020
Type: SR
Pages: 52
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IPG Photonics Corp
Sustainability Report
The report highlights IPG Photonics' leadership in fiber laser technology and its commitment to environmental sustainability. In 2019, the company achieved a 15% reduction in energy intensity per kilowatt of laser power sold and estimated that its products saved customers 6 million metric tons of CO2 emissions that year. The report details the company's vertical integration strategy, which minimizes environmental impact by manufacturing components in-house. Social highlights include a 22% representation of women in senior leadership and a comprehensive response to the COVID-19 pandemic, including PPE donations and employee support programs. The company also aligns its strategy with seven UN Sustainable Development Goals.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Published
Dec 1, 2020
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women in Management
Employees