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 36 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, PTC Inc. reported total greenhouse gas emissions of approximately 33,718,000 kg CO2e. This includes 613,000 kg CO2e from Scope 1 emissions, 1,832,000 kg CO2e from Scope 2 emissions (market-based), and a significant 31,718,000 kg CO2e from Scope 3 emissions. In comparison, their 2019 emissions were about 20,397,961 kg CO2e, with Scope 1 at 1,054,119 kg CO2e, Scope 2 at 11,270,214 kg CO2e, and Scope 3 at 8,072,627 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 FY2022 baseline, and a 25% reduction in Scope 3 emissions from purchased goods and services within the same timeframe. Long-term goals further include a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by FY2050, also from the FY2022 baseline. These targets align with the Science Based Targets initiative (SBTi) and reflect PTC's commitment to addressing climate change effectively.
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Add to project2019 | 2023 | |
---|---|---|
Scope 1 | 1,054,119 | 000,000 |
Scope 2 | 11,270,214 | 0,000,000 |
Scope 3 | 8,072,627 | 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 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.