Ptc
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.
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.
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
Ptc's score of 85 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ptc's reported carbon emissions
In 2023, PTC reported total carbon emissions of approximately 50,435,000 kg CO2e, with Scope 1 emissions at about 38,538,000 kg CO2e, Scope 2 emissions at approximately 6,907,000 kg CO2e, and Scope 3 emissions reaching around 41,903,000 kg CO2e. This reflects a significant increase from 2022, where total emissions were about 48,264,000 kg CO2e. PTC has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across all scopes by 2050. In the near term, the company targets a reduction of absolute Scope 1 and 2 emissions by over 50% by 2030, using 2022 as the baseline year. Additionally, PTC plans to reduce its highest Scope 3 emissions category, specifically from purchased goods and services, by over 25% within the same timeframe. Long-term goals include a 90% reduction in absolute Scope 1 and 2 emissions by 2050, alongside a similar 90% reduction in Scope 3 emissions. These targets align with industry standards and reflect PTC's commitment to addressing climate change effectively.
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| 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 |
Industry emissions intensity
Location emissions 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 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.
