Sustainability and Purpose Results
S&P 500 ESG and S&P Global 1200 ESG
IPG was recently named to two new S&P Indices that recognize sustainability leadership—the S&P 500 ESG and the S&P Global 1200 ESG. The S&P 500 ESG is based on the S&P 500 Index and includes only U.S.-based companies, while the S&P Global 1200 encompasses companies from around the world. Our work in the ESG (Environmental, Social and Governance) space resulted in IPG being the only U.S.-based advertising holding company on both S&P indices.
As part of our commitment to the United Nations SDG 6, access to water and sanitation, IPG has partnered with charity: water on several initiatives that bring water to those in need. In 2017 IPG fully funded a drilled well for an entire community in Tigray, Ethiopia, and in 2018 IPG funded a rehabilitated well with a hand pump in Ethiopia that provides water to nearly 200 people. In addition, our employees have contributed to the cause, bringing clean water to hundreds of people around the world.
Measuring Our Impact and Setting Goals for Reduction
IPG is measuring its energy use and emissions, and we have set a reduction target to lower our emissions 10 percent by 2030 from our 2015 baseline. Each year we have increased our boundary for measurement, meaning where and how we formally track our energy usage and GHG emissions. In 2018, IPG began measuring its emissions and other environmental impacts using GHG Protocol Corporate Standards at all of its buildings in North America and those globally that were larger than 50,000 square feet. As of 2018, this expanded boundary includes approximately 150 buildings and 75 percent of the company’s worldwide portfolio.
Sustainability and Purpose Initiatives
Global Reporting Initiative
Since 2015, IPG has published sustainability reports utilizing the GRI framework—and we were the first U.S.-based holding company to do so.
Sustainable Development Goals
IPG is committed to advancing the United Nations Sustainable Development Goals (SDGs). We have adopted SDG 6, access to water and sanitation, as part of our role in Common Ground, the initiative that brings together the largest holding companies in the advertising and marketing sector in support of the SDGs.