Sustainability Report 2024
02 July 2025IPP’s parent company Faber Group has published its third annual Sustainability Report as it aims to become net zero by 2045.
The latest reveals a collective saving of more than 40,000 tonnes of CO₂ emissions across Faber Group - the equivalent of 177 million miles of driving.
In 2023, we announced ambitious company-wide targets to dramatically reduce our carbon emissions with the launch of an Environmental, Social and Governance (ESG) strategy.
Read on to learn more about our strategy and how we compile our Sustainability Report.
Our sustainability goals
Sustainability is part of our DNA.
It’s our ambition to deliver positive impact with our logistic solutions for supply chains. We bring circularity into logistics and make it a service in a shared economy via the use of our wooden pallets.
Since our foundation in 1891, we have strived to conduct our business in a responsible way; taking diligent care of resources and people has always been a priority.
We have an ambitious, group-wide sustainability programme in place to further improve our sustainability performance.
Sustainability Report: Full year figures 2024
- Net turnover: 417 million Euro
- Load carrier movements: 131 million
- Workforce: 724 persons (686 FTE)
- Ecovadis Sustainability Rating: Platinum 84/100
- Lean and Green: Two-star European Rating (IPP)
- Signatory to: United Nations Global Compact
- Accredited as: World-class Workplace
Corporate Sustainability Reporting Directive (CSRD)
As part of our Sustainability Report, IPP and Faber Group has identified six Sustainable Development goals (SDGs) that require attention and action based on the level of importance to stakeholders and the Faber Group itself.
The sustainability programme is divided in a Peak and Plateau programme.
The ‘Peak’ programme focusses on improving our environmental footprint and, by doing so, strongly contributes to the following SDGs:
- Responsible production and consumption (12)
- Climate action (13)
- Partnerships for the goals (17)
12 - Responsible production and consumption
Our targets are related to the entire life cycle of the load carrier.
We contribute to sustainable sourcing of raw materials to produce load carriers and maximise the usage of our circular load carriers by customers and partners.
Furthermore, we maximise the lifespan of our load carriers over time and commit to high-value processing at the end of their end-of-life stage.
13 - Climate action
We contribute to minimising the carbon emissions of our customers and partners by using our load carriers.
Of course, we also focus on minimising the footprint of our own logistic operations and at our depots.
We strive to reduce our scope 3 footprint per trip by 30 per cent in 2030 and to reduce at least 58 kiloton of CO₂e reduction on a yearly basis for our customers by 2030.
17 Partnership for the goals
Being part of supply chains, we realise our goals in cooperation with our customers, retailers, and business partners such as load carrier manufacturers, logistics service providers and depots.
Delivering sustainable value
Andy Maddock, regional managing director for IPP UK&I, said: “The third edition of Faber Group's Sustainability Report shows the further integration of our ESG pillars across the business and how they are delivering sustainable value for IPP and our customers.
“We are proud of our collective progress in reducing our carbon emissions while working towards our goal of net zero.
“Collaboration, digitalisation and sustainable procurement will continue to be key drivers in enabling us to realise our ambition and deliver change with real impact.”
A sustainable pallet pooling specialist
Ingrid Faber, CEO of Faber Group, said: “In 2024, we were able to help our customers avoid more than 40,000 tons of CO₂ emissions through our circular pooling model, a steady increase of more than eight per cent of saved emissions in comparison to 2023.
“We also retained our EcoVadis Platinum rating, placing Faber Group in the top one per cent of its industry for the fourth consecutive year.
“The launch of our tech division Faber LABS and investments in digitalisation further strengthen the company’s ambition to become Europe’s most sustainable pooler.”
IPP has a wealth of eco credentials, including a platinum Ecovadis sustainability rating, a Lean and Green two-star European rating and is a signatory to the United Nations Global Compact – a voluntary initiative to implement universal sustainability principles.
Read our sustainability strategy and the Faber Group Sustainability Report 2024.