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 88 is higher than 93% 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 2024, Pitney Bowes reported total carbon emissions of approximately 231.2 million kg CO2e, comprising 28.3 million kg CO2e from Scope 1, 9.7 million kg CO2e from Scope 2, and 193.2 million kg CO2e from Scope 3 emissions. This represents a significant reduction from 2023, where total emissions were approximately 582.4 million kg CO2e, with Scope 1 emissions at 48.1 million kg CO2e, Scope 2 at 11.8 million kg CO2e, and Scope 3 at 522.6 million kg CO2e. Pitney Bowes 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 is part of their broader strategy to achieve carbon neutrality in their operations (Scope 1 and 2) by 2040. Additionally, they are committed to offsetting at least 20% of their energy consumption through renewable energy by 2025. The company has previously achieved a 15% reduction in absolute greenhouse gas emissions from 2012 to 2014, recognised by the U.S. Environmental Protection Agency as a Climate Leaders Award Winner. Their ongoing efforts include purchasing Renewable Energy Credits (RECs) to support green energy projects. Overall, Pitney Bowes is actively working towards reducing its carbon footprint while enhancing its sustainability practices in line with industry standards.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 28,747,000 | 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 | 47,155,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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Pb's Scope 3 Categories Breakdown
Pb's Scope 3 emissions, which decreased by 63% last year and decreased by approximately 72% 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 "Purchased Goods and Services" being the largest emissions source at 41% 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.
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