IPG Photonics Corp 2023 SR
The report highlights IPG Photonics' leadership in fiber laser technology and its commitment to energy efficiency, noting that its lasers saved customers approximately 10 million metric tons of CO2 in 2022. The company achieved its highest recycling rate to date, diverting 50% of non-hazardous waste from landfills. Socially, IPG increased global female representation to 36% and established diversity goals for 2030, including reaching 40% female representation. Governance improvements included expanding Board diversity to 30% female and implementing an ESG risk oversight framework. The company also introduced new employee benefits like paid parental leave and adoption reimbursement in the U.S.
Company: IPG Photonics Corp
Sector: Information Technology
Country: United States
Year: 2023
Type: SR
Pages: 32
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IPG Photonics Corp
Sustainability Report
The report highlights IPG Photonics' leadership in fiber laser technology and its commitment to energy efficiency, noting that its lasers saved customers approximately 10 million metric tons of CO2 in 2022. The company achieved its highest recycling rate to date, diverting 50% of non-hazardous waste from landfills. Socially, IPG increased global female representation to 36% and established diversity goals for 2030, including reaching 40% female representation. Governance improvements included expanding Board diversity to 30% female and implementing an ESG risk oversight framework. The company also introduced new employee benefits like paid parental leave and adoption reimbursement in the U.S.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
Apr 14, 2023
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
Renewable Energy
Water Consumption
Women on Board
Women in Management
Employees