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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.
+8 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.
Couriers and Express Delivery Services is among the most carbon-intensive industries
The Couriers and Express Delivery Services industry has reduced its overall emissions by 31% since 2018
Scope 3 accounts for ••• of total emissions.
Pb, a US-headquartered company in the Couriers and Express Delivery Services industry, reported total carbon emissions of approximately 231.2 million kg CO2e in 2024. This includes Scope 1 emissions of about 28.3 million kg CO2e, market-based Scope 2 emissions of approximately 9.7 million kg CO2e, and Scope 3 emissions of around 193.2 million kg CO2e.
Looking back, their total emissions were about 582.4 million kg CO2e in 2023, approximately 651.4 million kg CO2e in 2022, and roughly 758.2 million kg CO2e in 2021. For 2020, they reported Scope 1 emissions of about 34.2 million kg CO2e and market-based Scope 2 emissions of around 34.2 million kg CO2e, without disclosed Scope 3 data.
Pb has set several climate commitments. They aim for an 8% absolute reduction in Scope 1 and Scope 2 emissions by 2025 against a 2019 baseline. Additionally, the company is working towards carbon neutrality in its operations (Scope 1 and 2) by 2040 and aspires to be carbon neutral by 2050. They also have a goal to offset at least 20% of their energy consumption through Renewable Energy Credits by 2025, against a 2019 baseline. In a past achievement, they reduced global absolute GHG emissions by 15% from 2012 to 2014, earning recognition from the U.S. Environmental Protection Agency (EPA).
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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