1、EVOLVING GREAT IDEAS INTO WORLD-CHANGING BUSINESSESIP GROUP PLCAnnual Report and Accounts for the year ended 31 December 2019Registration Number:04204490|Stock Code:IPOIP Group plc Annual Report and Accounts for the year ended 31 December 2019 IFCDISCLAIMER:THIS ANNUAL REPORT AND ACCOUNTS MAY CONTAI
2、N FORWARD-LOOKING STATEMENTS.THESE STATEMENTS REFLECT THE BOARDS CURRENT VIEW,ARE SUBJECT TO A NUMBER OF MATERIAL RISKS AND UNCERTAINTIES AND COULD CHANGE IN THE FUTURE.FACTORS THAT COULD CAUSE OR CONTRIBUTE TO SUCH CHANGES INCLUDE,BUT ARE NOT LIMITED TO,THE GENERAL ECONOMIC CLIMATE AND MARKET CONDI
3、TIONS,AS WELL AS SPECIFIC FACTORS RELATING TO THE FINANCIAL OR COMMERCIAL PROSPECTS OR PERFORMANCE OF INDIVIDUAL COMPANIES WITHIN THE GROUPS PORTFOLIO.FURTHER DETAILS CAN BE FOUND IN THE RISK MANAGEMENT SECTION ON PAGES 36 TO 49.THROUGHOUT THIS ANNUAL REPORT AND ACCOUNTS,IP GROUP PLC AND ITS SUBSIDI
4、ARIES ARE REFERRED TO AS IP GROUP,THE GROUP OR THE COMPANY,AS APPROPRIATE.THE GROUPS HOLDINGS IN PORTFOLIO COMPANIES REFLECT THE UNDILUTED BENEFICIAL EQUITY INTEREST EXCLUDING DEBT,UNLESS OTHERWISE EXPLICITLY STATED.IP Group plc Annual Report and Accounts for the year ended 31 December 2019Evolving
5、great ideas into world-changing businessesIP Groups purpose is to evolve great ideas into world-changing businesses that achieve a positive impact on the environment and society as well as a financial return.Sustainability has always been at the heart of IP Group.Through the businesses that we back
6、and build,we aim to address some of the worlds most pressing challenges in areas such as disease prevention and mitigation,the transition to a less carbon intense energy world and in productivity improvement.Our approach therefore considers environmental,social and governance(“ESG”)factors and their