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Pitney Bowes Inc., commonly referred to as Pb, is a leading player in the Couriers and Express Delivery Services industry, headquartered in the United States. Founded in 1920, the company has evolved significantly, marking key milestones in logistics and technology innovation. With a strong presence across North America and expanding operations globally, Pitney Bowes offers a range of services including parcel delivery, shipping solutions, and advanced tracking systems.
What sets Pitney Bowes apart is its commitment to integrating technology with logistics, providing unique solutions that enhance efficiency for businesses of all sizes. The company has established a solid market position, recognised for its reliability and customer-centric approach. With decades of experience, Pitney Bowes continues to shape the future of delivery services, making it a trusted name in the industry.
50
DitchCarbon score
+11 vs industry average
Pb’s score of 50 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Couriers and Express Delivery Services is among the most carbon-intensive industries
Industry performance
0.362
20182025
The Couriers and Express Delivery Services industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Pb's reported carbon emissions
For 2024, PB reported a total of approximately 231,198,000 kg CO2e in emissions. This comprises approximately 28,307,000 kg CO2e in Scope 1 emissions and approximately 9,719,000 kg CO2e in Scope 2 (market-based) emissions. Scope 3 emissions were approximately 193,172,000 kg CO2e, with the largest contributors being upstream transportation and distribution (approximately 72,880,000 kg CO2e) and purchased goods and services (approximately 78,329,000 kg CO2e).
In 2023, PB's total emissions were approximately 582,443,000 kg CO2e. This included approximately 48,050,000 kg CO2e in Scope 1, approximately 11,814,000 kg CO2e in Scope 2 (market-based), and approximately 522,579,000 kg CO2e in Scope 3 emissions.
PB has set a near-term target to achieve an 8% reduction in Scope 1 and Scope 2 emissions by 2025, using 2019 as the baseline year. They also aim to offset at least 20% of their energy consumption through renewable energy by 2025. Furthermore, PB has set a long-term goal to be carbon neutral by 2050, and has a more recent target for carbon neutrality in their operations (Scope 1 & 2) by 2040.
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Pb’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
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