Ptc Sustainability Profile
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 91% 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 2024, PTC Inc., headquartered in Great Britain, reported total carbon emissions of approximately 45,660,000 kg CO2e. This figure includes 963,000 kg CO2e from Scope 1 emissions, 5,382,000 kg CO2e from Scope 2 emissions (market-based), and a significant 39,315,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (22,989,000 kg CO2e), business travel (5,838,000 kg CO2e), and employee commuting (5,390,000 kg CO2e). In 2023, PTC's total emissions were slightly higher at about 50,435,000 kg CO2e, with Scope 1 emissions at 1,625,000 kg CO2e, Scope 2 emissions at 6,907,000 kg CO2e (market-based), and Scope 3 emissions reaching 41,903,000 kg CO2e. PTC has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by FY2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 50% by FY2030 from a FY2022 baseline, and to cut Scope 3 emissions from purchased goods and services by 25% within the same timeframe. Long-term goals include a 90% reduction in absolute Scope 1, 2, and 3 emissions by FY2050, also from the FY2022 baseline. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect PTC's commitment to addressing climate change effectively.
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| 2018 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 1,073,000 | 0,000 | 0,000,000 | 000,000 |
| Scope 2 | 14,200,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 8,730,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Ptc's Industry?
How Carbon Intensive is Ptc's Location?
Ptc's Scope 3 Categories Breakdown
Ptc's Scope 3 emissions, which decreased by 6% last year and increased by approximately 350% since 2018, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 58% of Scope 3 emissions.
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Ptc's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Ptc has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Ptc's sustainability data and climate commitments