IPG Publishes Eighth Annual ESG Report
March 14 2023 - 2:45PM
Interpublic Group (NYSE: IPG) today announced the release of its
eighth annual ESG report. This is the company’s second report to
combine various reporting frameworks into one comprehensive
disclosure, including GRI Standards, SASB Standards, TCFD
recommendations, UN Global Compact and UN Sustainable Development
Goals. This is the second year that IPG engaged an external third
party to perform a limited assurance engagement on certain
greenhouse gas (GHG) and employee diversity metrics, and the first
year to include limited assurance over Scope 3, Category 6: GHG
emissions from business travel. This Report of Independent
Accountants covers 2021 metrics and is included within IPG’s ESG
Report linked below.
You can view and download IPG’s 2022 ESG Report here.
The IPG ESG Report covers a range of topics including IPG’s five
strategic priorities: climate action, human capital, diversity,
equity and inclusion, responsible media and content, and data
ethics and privacy. Highlights include the company’s submission of
emission reduction targets to the Science Based Target initiative,
continued release of its EEO-1 numbers around the racial
composition of leadership, and a continued focus on work across the
organization related to sustainable consumer behavior, media
responsibility and human capital.
“At IPG, we understand that our success as an organization is
grounded in our ability to engage with a range of stakeholders to
drive positive outcomes” noted Philippe Krakowsky, IPG’s Chief
Executive Officer. “That includes growth – predicated on helping
our clients win in a digital economy – as well as strong financial
performance. We are equally focused on supporting the health of our
people, and the work we do to benefit communities in which we live
and work,” he continued.
“As we head into 2023, we are excited to continue our momentum
in pushing industry boundaries when it comes to ESG,” said Jemma
Gould, IPG’s Chief Sustainability Officer. “Reducing carbon
emissions in our office spaces, engaging our supply chain on
emission reduction initiatives and furthering our client
partnerships are some of the areas we plan to focus on this year,”
she continued.
This past year, IPG made strides as the first company in its
industry to announce a forward-looking framework for managing new
clients in the oil and gas space. IPG was also recognized on the
Dow Jones Sustainability Index (DJSI) North America for the third
year in a row, as well as the Bloomberg Gender Equality Index and
the FTSE4Good Index, each for the fourth consecutive year.
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About InterpublicInterpublic (NYSE: IPG) (www.interpublic.com)
is a values-based, data-fueled, and creatively-driven provider of
marketing solutions. Home to some of the world’s best-known and
most innovative communications specialists, IPG global brands
include Acxiom, Craft, FCB, FutureBrand, Golin, Huge, Initiative,
IPG Health, Jack Morton, Kinesso, MAGNA, Matterkind, McCann,
Mediabrands, Mediahub, Momentum, MRM, MullenLowe Group, Octagon,
R/GA, UM, Weber Shandwick and more. IPG is an S&P 500 company
with total revenue of $10.93 billion in 2022.
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Contact InformationTom Cunningham (Press) (212) 704-1326
Jerry Leshne (Analysts, Investors) (212) 704-1439
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