PTC Inc., commonly referred to as PTC, is a leading technology company headquartered in the United Kingdom. Founded in 1985, PTC has established itself as a key player in the software industry, specialising in product lifecycle management (PLM), computer-aided design (CAD), and the Internet of Things (IoT). With a strong presence in North America, Europe, and Asia, PTC serves a diverse range of sectors, including manufacturing, automotive, and aerospace. The company is renowned for its innovative solutions, such as the Windchill PLM software and Creo CAD platform, which empower organisations to enhance product development and operational efficiency. PTC's commitment to digital transformation has positioned it as a market leader, recognised for its ability to integrate advanced technologies like augmented reality (AR) into traditional manufacturing processes. With numerous accolades and a robust portfolio, PTC continues to drive industry advancements and support businesses in navigating the complexities of modern product development.
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.
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.
Ptc's score of 83 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, PTC reported total carbon emissions of approximately 50,435,000 kg CO2e, with significant contributions from Scope 1 and Scope 3 emissions. Specifically, Scope 1 emissions accounted for about 38,538,000 kg CO2e, while Scope 3 emissions totalled approximately 41,903,000 kg CO2e. The company has set ambitious climate commitments, aiming to achieve net-zero greenhouse gas emissions across all scopes by 2050. To support this goal, PTC has established near-term targets to reduce absolute Scope 1 and Scope 2 emissions by over 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. Long-term, the company plans to reduce Scope 1 and 2 emissions by 90% and Scope 3 emissions by 90% by 2050. These commitments align with industry standards for climate action, reflecting PTC's dedication to sustainability and reducing its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 1,054,119 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 11,270,214 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 8,072,627 | 00,000,000 | 00,000,000 | 00,000,000 |
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 participating in some of the initiatives that 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.