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.

38

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.

19

Industry Benchmark

Puretech Health's score of 38 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

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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 (market-based), and 107,700 kg CO2e from Scope 3 emissions. The combined Scope 1 and 2 emissions totalled about 168,500 kg CO2e. Comparatively, in 2022, the company’s total emissions were significantly higher at approximately 665,000 kg CO2e, with Scope 1 emissions at 10,600 kg CO2e, Scope 2 emissions (market-based) at 402,600 kg CO2e, and Scope 3 emissions at 251,900 kg CO2e. This indicates a notable reduction in total emissions year-on-year. Puretech Health has not disclosed specific reduction targets or initiatives related to the Science Based Targets initiative (SBTi) or other climate pledges. However, the company is actively monitoring and reporting its emissions across all three scopes, demonstrating a commitment to transparency in its climate impact.

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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. This request for Puretech Health is in US, which has a low grid carbon intensity relative to other regions.

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 participating in any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers