Public Profile

Puretech Health

PureTech Health, a pioneering biopharmaceutical company headquartered in the United States, focuses on developing innovative therapies for complex diseases. Founded in 2015, PureTech has established itself as a leader in the healthcare industry, with a strong emphasis on advancing drug development in areas such as neuroscience, immunology, and gastrointestinal health. The company is renowned for its unique approach to drug discovery, leveraging its proprietary platform to identify and develop novel therapeutics. With a robust pipeline of products, including treatments for neurodegenerative disorders and immune-mediated diseases, PureTech Health is well-positioned in the market. Its commitment to addressing unmet medical needs has garnered recognition, making it a notable player in the biopharmaceutical landscape.

DitchCarbon Score

How does Puretech Health'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.

21

Industry Average

Mean score of companies in the Health 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.

6

Industry Benchmark

Puretech Health's score of 21 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%

Puretech Health's reported carbon emissions

In 2023, Puretech Health reported total carbon emissions of approximately 276,200 kg CO2e. This figure includes 3,900 kg CO2e from Scope 1 emissions, 57,000 kg CO2e from Scope 2 emissions, and 107,700 kg CO2e from Scope 3 emissions. The company's emissions have fluctuated over the years, with a notable increase to about 665,000 kg CO2e in 2022, up from 464,300 kg CO2e in 2021. In 2020, their total emissions were approximately 379,500 kg CO2e. This indicates a significant reduction in emissions from 2022 to 2023, reflecting a proactive approach to climate impact management. Despite these reductions, Puretech Health has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to disclose emissions across all three scopes, demonstrating transparency in their environmental impact reporting.

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Add to project
2020202120222023
Scope 1
25,900
000,000
00,000
0,000
Scope 2
120,900
000,000
000,000
00,000
Scope 3
232,700
000,000
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Puretech Health's primary industry is Health and social work services (85), which is 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. Puretech Health is headquartered in US, 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.

Puretech Health is not committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
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