People don't expect that when they read an email, the sender knows when they read it and from what IP address.
If you're using a tracking image or any similar technology, then you are exploiting a weakness in the system to take information that you don't have permission to.
I recognise that it's standard industry practice, but it's categorically not ok. If you want to track users, ask for their permission. If you haven't done so, then you have no right.