Ptc

Ptc's reported carbon emissions

In 2024, PTC Inc., headquartered in Great Britain, reported total carbon emissions of approximately 45.7 million kg CO2e. This total comprises 963,000 kg CO2e from Scope 1 emissions, 5.4 million kg CO2e from Scope 2 emissions (market-based), and about 39.3 million kg CO2e from Scope 3 emissions. The Scope 3 emissions include significant contributions from purchased goods and services (approximately 22.99 million kg CO2e) and business travel (about 5.84 million kg CO2e). PTC has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by FY2050. Near-term targets include a 50% reduction in absolute Scope 1 and 2 emissions by FY2030 from a 2022 baseline, and a 25% reduction in Scope 3 emissions from purchased goods and services within the same timeframe. Long-term goals further extend to a 90% reduction in both Scope 1 and 2 emissions by FY2050, alongside a 90% reduction in Scope 3 emissions. These targets align with the 1.5°C reduction pathway established by the Paris Agreement, demonstrating PTC's commitment to sustainable practices and climate responsibility.