Princeton Identity, Inc. Sustainability Profile
Princeton Identity, Inc., a leading innovator in biometric identity solutions, is headquartered in the United States. Founded in 2015, the company has rapidly established itself within the identity management industry, focusing on advanced biometric technologies that enhance security and user experience. With a strong presence across North America and expanding operations globally, Princeton Identity offers unique products such as iris recognition systems and biometric access control solutions. These offerings stand out for their accuracy and speed, catering to various sectors including government, healthcare, and commercial enterprises. Recognised for its commitment to innovation, Princeton Identity has achieved significant milestones, positioning itself as a trusted partner in identity verification. The company continues to shape the future of secure access and identity management, making it a key player in the biometric landscape.
DitchCarbon Score
How does Princeton Identity, Inc.'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 Manufacturing 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
Princeton Identity, Inc.'s score of 40 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Princeton Identity, Inc.'s reported carbon emissions
In 2023, Princeton Identity, Inc. reported total carbon emissions of approximately 1490000 kg CO2e for Scope 1, 136641000 kg CO2e for Scope 2 (market-based), and 124336000 kg CO2e for Scope 3 emissions. The Scope 3 emissions breakdown includes about 108759000 kg CO2e from capital goods, 783000 kg CO2e from business travel, 1324000 kg CO2e from employee commute, and 13823000 kg CO2e from purchased goods and services. Comparatively, in 2022, the company recorded approximately 1535000 kg CO2e for Scope 1 and 137343000 kg CO2e for Scope 2 (market-based), indicating a slight reduction in Scope 1 emissions year-on-year. However, no Scope 3 data was disclosed for 2022. Princeton Identity has not set specific reduction targets or initiatives as part of their climate commitments, nor do they participate in initiatives such as the Science Based Targets initiative (SBTi). The company does not inherit emissions data from any parent or related organizations, indicating that their reported figures are solely their own. Overall, while Princeton Identity, Inc. has made strides in tracking and reporting their emissions, further commitments and reduction strategies may be necessary to align with industry standards for climate action.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 1,535,000 | 0,000,000 |
| Scope 2 | 137,343,000 | 000,000,000 |
| Scope 3 | - | 000,000,000 |
How Carbon Intensive is Princeton Identity, Inc.'s Industry?
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Princeton Identity, Inc.'s Scope 3 Categories Breakdown
A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 47% of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 87% of Scope 3 emissions.
Top Scope 3 Categories
Princeton Identity, Inc.'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.
Princeton Identity, Inc. 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.
