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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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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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
In 2024, the total Scope 1 emissions of Pitney Bowes were 28,307 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
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
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
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
In 2024, Pitney Bowes reported its Scope 2 emissions using the market-based method and using the location-based method.a
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
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
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
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.
In 2024, the largest contributors to Pitney Bowes's Scope 3 emissions were:a
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
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
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
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