Pb Sustainability Profile
Pitney Bowes Inc., commonly referred to as Pitney Bowes, is a leading technology company headquartered in the United States. Founded in 1920, the company has established itself as a key player in the mailing and shipping industry, providing innovative solutions that streamline operations for businesses worldwide. With a strong presence in North America and Europe, Pitney Bowes offers a diverse range of services, including shipping, mailing, and customer engagement solutions. The company is renowned for its unique core products, such as the SendPro shipping platform and advanced mailing systems, which enhance efficiency and reduce costs for clients. Over the years, Pitney Bowes has achieved significant milestones, including the development of cutting-edge software that integrates logistics and data analytics. As a trusted partner for businesses, Pitney Bowes continues to solidify its market position through a commitment to innovation and customer satisfaction.
DitchCarbon Score
How does Pb's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Pb's score of 62 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pb's reported carbon emissions
In 2023, Pitney Bowes Inc. reported total carbon emissions of approximately 582,443,000 kg CO2e. This figure includes Scope 1 emissions of about 48,050,000 kg CO2e, Scope 2 emissions of approximately 11,814,000 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 522,579,000 kg CO2e. Notably, upstream transportation and distribution accounted for about 361,188,000 kg CO2e of the Scope 3 emissions. The company has set ambitious climate commitments, aiming for an 8% reduction in Scope 1 and 2 emissions by 2025, using 2019 as the baseline year. This target reflects a commitment to reducing emissions intensity relative to revenue. Additionally, Pitney Bowes aims to achieve carbon neutrality in its operations (Scope 1 and 2) by 2040, which will involve enhancing energy efficiency, increasing the use of renewable energy, and offsetting remaining emissions. In previous years, Pitney Bowes successfully reduced its global absolute greenhouse gas emissions by 15% from 2012 to 2014, earning recognition from the U.S. Environmental Protection Agency as a Climate Leaders Award Winner. The company continues to purchase Renewable Energy Credits (RECs) to support green power projects, with a goal of offsetting at least 20% of its energy consumption through renewable sources by 2025. Overall, Pitney Bowes is actively working towards significant emissions reductions and long-term sustainability goals, demonstrating a commitment to addressing climate change while maintaining operational efficiency.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 95,697,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 95,697,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Pb's Industry?
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Pb's Scope 3 Categories Breakdown
Pb's Scope 3 emissions, which decreased by 11% last year and decreased by approximately 25% since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" being the largest emissions source at 69% of Scope 3 emissions.
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Pb's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Pb has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
