Public Profile

Ptc

PTC Inc., commonly referred to as PTC, is a leading technology company headquartered in Needham, Massachusetts, with significant operations across North America, Europe, and Asia. Founded in 1985, PTC has established itself in the software industry, specialising in product lifecycle management (PLM), computer-aided design (CAD), and the Internet of Things (IoT). The company is renowned for its innovative solutions, including the Windchill PLM software and Creo CAD platform, which are designed to enhance product development and collaboration. PTC's commitment to digital transformation has positioned it as a key player in the market, with notable achievements such as its recognition as a leader in the Gartner Magic Quadrant for PLM. With a focus on driving efficiency and innovation, PTC continues to shape the future of product development across various industries.

DitchCarbon Score

How does Ptc'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.

58

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.

28

Industry Benchmark

Ptc's score of 58 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

Ptc's reported carbon emissions

In 2023, PTC Inc. reported carbon emissions of approximately 14.4 million tonnes CO2e across various scopes. This includes about 0.9 million tonnes CO2e from Scope 1 emissions, 14.4 million tonnes CO2e from Scope 2 emissions, and approximately 31.7 million tonnes CO2e from Scope 3 emissions. PTC has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 50% by 2030, using 2022 as the baseline year. Additionally, PTC aims to cut Scope 3 emissions from purchased goods and services by 25% within the same timeframe. For the long term, PTC targets a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2050, again using 2022 as the baseline. These commitments align with industry standards and reflect PTC's dedication to addressing climate change and reducing its carbon footprint significantly over the coming decades.

Unlock detailed emissions data

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Add to project
2020
2021
2022
2023
2024
Scope 1
8,994,000,000
00,000,000,000
00,000,000,000
000,000
0,000,000
Scope 2
11,616,000,000
00,000,000,000
0,000,000,000
0,000,000
0,000,000
Scope 3
-
-
-
00,000,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ptc's primary industry is Computer and related services (72), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Ptc is headquartered in GB, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Ptc is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers