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Pitney Bowes Inc

Common Name
Pitney Bowes
Country
United States
Sector
Industrials
Industry
Integrated Freight & Logistics
Employees
7,200
Ticker
PBI
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Pitney Bowes Inc. is a renowned technology company specializing in global shipping and mailing, with a focus on simplifying complex shipping logistics. Incorporated in 1920, the company has been pivot...

Pitney Bowes's GHG Emissions Data Preview

In 2024, Pitney Bowes completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Pitney Bowes has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
0000000
Location-Based
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0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Pitney Bowes’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Pitney Bowes’s data sources below and access millions more through our Disclosure Search.

a. Pitney Bowes's Progress Report 2025
a. Pitney Bowes's Progress Report 2025
b. Pitney Bowes's Corporate Responsibility Report (CRR) 2020
b. Pitney Bowes's Corporate Responsibility Report (CRR) 2020

Insights into Pitney Bowes's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofPitney Bowes amounted to50,009metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Pitney Bowesdecreased by 36.48%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Pitney Bowes's Scope 1 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e+12%+19%+11%+7%-41%
  • Total Scope 1
  • Year-over-Year Change

What are Pitney Bowes's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Pitney Bowes were 28,307 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Pitney Bowes reduced its Scope 1 emissions over time?

Since 2019, Pitney Bowes's Scope 1 emissions have decreased by 7.12%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Pitney Bowes's Scope 1 emissions decreased by 41.09%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Pitney Bowes's Scope 2 emissions?

In 2024, Pitney Bowes reported Scope 2 greenhouse gas (GHG) emissions of 9,719 tCOâ‚‚e using the market-based method and 21,702 tCOâ‚‚e using the location-based method.a

Has Pitney Bowes reduced its Scope 2 emissions over time?

Since 2019, Pitney Bowes's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 47.38%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), Pitney Bowes's Scope 2 emissions(Location-Based) fell by 29.25% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Pitney Bowes use for Scope 2 reporting?

In 2024, Pitney Bowes reported its Scope 2 emissions using the market-based method and using the location-based method.a

Pitney Bowes's Scope 2 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Pitney Bowes's Value Chain Emissions

In 2024, Pitney Bowes reported 193,172 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Pitney Bowes includes a breakdown across 8of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Pitney Bowes's Scope 3 Emissions Over Time

2019202020212022202320240200 k400 k600 k800 ktCO2e-69%+9428%-15%-11%-63%
  • Total Scope 3
  • Year-over-Year Change

What are Pitney Bowes's Scope 3 emissions?

In 2024, Pitney Bowes reported total Scope 3 emissions of 193,172 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 90.64%of these emissions originated from upstream activities such as purchased goods and capital goods, while 9.36%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Pitney Bowes reduced its Scope 3 emissions over time?

Since 2019, Pitney Bowes's Scope 3 emissionshave increased by 716.73%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Pitney Bowes's Scope 3 emissions decreased by 63.03%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Pitney Bowes disclose?

In 2024, Pitney Bowes reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Pitney Bowes's Scope 3 emissions?

In 2024, the largest contributors to Pitney Bowes's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 78,329 tCOâ‚‚e(40.55%)
  • Upstream Transportation and Distribution (Cat. 4): 72,880 tCOâ‚‚e(37.73%)
  • Use of Sold Products (Cat. 11): 18,077 tCOâ‚‚e(9.36%)

Pitney Bowes's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(37.7%)Use of Sold Products(Cat. 11)(9.4%)Purchased Goods andServices (Cat. 1)(40.5%)

Insights into Pitney Bowes’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Pitney Bowes reported Scope 1 greenhouse gas (GHG) emissions of 28,307 tCOâ‚‚e and total revenues of USD 2,027 millions. This translates into an emissions intensity of 13.97 tCOâ‚‚e per millions USD.a

Pitney Bowes's Scope 1 Emissions Intensity Compared to Peers

502,00050,0002,000,000100,000,000Scope 1 Emissions (tCO2e)2002,00010,00050,000200,000Revenues (Millions of USD)AMJ B Hunt Transport ServicesYear: 2024Scope 1: 1,821,012 tCO2eRevenue: $M 12,087Scope 1 Intensity: 150.66 tCO2e/$MUnited Parcel ServiceYear: 2024Scope 1: 14,408,000 tCO2eRevenue: $M 91,070Scope 1 Intensity: 158.21 tCO2e/$MFedExYear: 2024Scope 1: 14,842,148 tCO2eRevenue: $M 87,693Scope 1 Intensity: 169.25 tCO2e/$MGranite ConstructionYear: 2024Scope 1: 229,298 tCO2eRevenue: $M 4,008Scope 1 Intensity: 57.22 tCO2e/$MGeo GroupYear: 2023Scope 1: 51,942 tCO2eRevenue: $M 2,413Scope 1 Intensity: 21.52 tCO2e/$MCH Robinson WorldwideYear: 2024Scope 1: 12,017 tCO2eRevenue: $M 17,724Scope 1 Intensity: 0.68 tCO2e/$MHerc HoldingsYear: 2024Scope 1: 161,635 tCO2eRevenue: $M 3,374Scope 1 Intensity: 47.91 tCO2e/$MExpeditorsYear: 2024Scope 1: 8,075 tCO2eRevenue: $M 10,601Scope 1 Intensity: 0.76 tCO2e/$MAAAARYear: 2024Scope 1: 22,450 tCO2eRevenue: $M 2,319Scope 1 Intensity: 9.68 tCO2e/$MHub GroupYear: 2020Scope 1: 557,461 tCO2eRevenue: $M 3,496Scope 1 Intensity: 159.47 tCO2e/$MArcosaYear: 2024Scope 1: 462,949 tCO2eRevenue: $M 2,570Scope 1 Intensity: 180.14 tCO2e/$MLandstar SystemYear: 2024Scope 1: 205 tCO2eRevenue: $M 4,824Scope 1 Intensity: 0.04 tCO2e/$MSchneider NationalYear: 2024Scope 1: 966,877 tCO2eRevenue: $M 5,291Scope 1 Intensity: 182.76 tCO2e/$MGMSYear: 2024Scope 1: 104,515 tCO2eRevenue: $M 5,502Scope 1 Intensity: 19.00 tCO2e/$MSkyWestYear: 2024Scope 1: 5,566,845 tCO2eRevenue: $M 3,528Scope 1 Intensity: 1,577.94 tCO2e/$MTerexYear: 2023Scope 1: 34,287 tCO2eRevenue: $M 5,152Scope 1 Intensity: 6.66 tCO2e/$MMaximusYear: 2024Scope 1: 1,052 tCO2eRevenue: $M 5,305Scope 1 Intensity: 0.20 tCO2e/$MBrinksYear: 2024Scope 1: 279,305 tCO2eRevenue: $M 5,012Scope 1 Intensity: 55.73 tCO2e/$MKennametalYear: 2024Scope 1: 31,000 tCO2eRevenue: $M 2,047Scope 1 Intensity: 15.14 tCO2e/$MAmerican Eagle OutfittersYear: 2024Scope 1: 9,302 tCO2eRevenue: $M 5,329Scope 1 Intensity: 1.75 tCO2e/$MMatsonYear: 2024Scope 1: 1,040,900 tCO2eRevenue: $M 3,422Scope 1 Intensity: 304.20 tCO2e/$MMMMYR GroupYear: 2024Scope 1: 74,362 tCO2eRevenue: $M 3,362Scope 1 Intensity: 22.12 tCO2e/$MGXO LogisticsYear: 2024Scope 1: 200,782 tCO2eRevenue: $M 11,709Scope 1 Intensity: 17.15 tCO2e/$MTennantYear: 2024Scope 1: 23,937 tCO2eRevenue: $M 1,287Scope 1 Intensity: 18.60 tCO2e/$MPitney BowesYear: 2024Scope 1: 28,307 tCO2eRevenue: $M 2,027Scope 1 Intensity: 13.97 tCO2e/$M

How does Pitney Bowes's GHG emissions intensity compare to its peers?

In 2024, Pitney Bowes reported a Scope 1 emissions intensity of 13.97 tCOâ‚‚e per millions USD. Compared to the peer group median of 21.82, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Pitney Bowes rank on GHG emissions intensity within its industry?

In 2024, Pitney Bowes ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Pitney Bowes is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Pitney Bowes's Total Carbon Footprint

In 2024, Pitney Bowes reported a total carbon footprint of 243,181 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 59.56% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Pitney Bowes's total carbon footprint was Scope 3 emissions, accounting for 79.44% of the company's total carbon footprint, followed by Scope 1 emissions at 11.64%.a

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