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Progress Software Corp

Common Name
Progress Software
Country
United States
Sector
Technology
Industry
Software - Infrastructure
Employees
2,815
Ticker
PRGS
Exchange
NASDAQ/NGS
Description
Progress Software Corporation is a global leader in the development and deployment of business applications. Specializing in offering high-impact technological solutions, Progress Software provides bu...

Progress Software's GHG Emissions Data Preview

In 2024, Progress Software 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).

Progress Software has also provided a category-level breakdown for 1 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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a
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a
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b
0000000
Total Scope 2
Unspecified Calculation Method
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a
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a
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b
0000000
Total Scope 3
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a
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a
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
0000000
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Verified Sources Behind Progress Software’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 Progress Software’s data sources below and access millions more through our Disclosure Search.

a. Progress Software's CSR Report 2024
a. Progress Software's CSR Report 2024
b. Progress Software's CSR Report 2023
b. Progress Software's CSR Report 2023

Insights into Progress Software's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofProgress Software amounted to1,684.063metric 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 Progress Softwareincreased by 6.73%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Progress Software's Scope 1 Emissions Over Time

202220232024020406080tCO2e-13%+4%
  • Total Scope 1
  • Year-over-Year Change

What are Progress Software's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Progress Software were 61.827 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Progress Software reduced its Scope 1 emissions over time?

Since 2022, Progress Software's Scope 1 emissions have decreased by 10.02%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Progress Software's Scope 1 emissions increased by 3.88%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Progress Software's Scope 2 emissions?

In 2024, Progress Software reported Scope 2 greenhouse gas (GHG) emissions of 1,622.237 tCOâ‚‚e without specifying the calculation method.a

Has Progress Software reduced its Scope 2 emissions over time?

Since 2022, Progress Software's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have remained relatively stable, indicating that Progress Software's emissions have plateaued with no significant change in its energy consumption footprint.ab

Compared to the previous year(2023), Progress Software's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Progress Software's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Progress Software use for Scope 2 reporting?

In 2024, Progress Software reported its Scope 2 emissions using an unspecified methodology.a

Progress Software's Scope 2 Emissions Over Time

20222023202404509001.35 k1.8 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Progress Software's Value Chain Emissions

In 2024, Progress Software reported 2,705.194 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 Progress Software includes a breakdown across 1of 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

Progress Software's Scope 3 Emissions Over Time

20222023202407001.4 k2.1 k2.8 ktCO2e+8%-2%
  • Total Scope 3
  • Year-over-Year Change

What are Progress Software's Scope 3 emissions?

In 2024, Progress Software reported total Scope 3 emissions of 2,705.194 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Progress Software reduced its Scope 3 emissions over time?

Since 2022, Progress Software's Scope 3 emissionshave remained relatively stable, indicating that Progress Software's emissions have plateaued with no significant change in its value chain footprint.ab

Compared to the previous year (2023), Progress Software's Scope 3 emissions remained relatively stable, indicating that Progress Software's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Progress Software disclose?

In 2024, Progress Software reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Progress Software's Scope 3 emissions?

In 2024, the largest contributors to Progress Software's Scope 3 emissions were:a

  • Business Travel (Cat. 6): 2,704.877 tCOâ‚‚e(100%)

Progress Software's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

Insights into Progress Software’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Progress Software reported Scope 1 greenhouse gas (GHG) emissions of 61.827 tCOâ‚‚e and total revenues of USD 753 millions. This translates into an emissions intensity of 0.08 tCOâ‚‚e per millions USD.a

Progress Software's Scope 1 Emissions Intensity Compared to Peers

101001,00010,000100,000Scope 1 Emissions (tCO2e)1001,0005,00020,000200,000Revenues (Millions of USD)ERZSamsaraYear: 2024Scope 1: 78 tCO2eRevenue: $M 1,250Scope 1 Intensity: 0.06 tCO2e/$MWEXYear: 2024Scope 1: 219 tCO2eRevenue: $M 2,629Scope 1 Intensity: 0.08 tCO2e/$MNetscout SystemsYear: 2023Scope 1: 410 tCO2eRevenue: $M 915Scope 1 Intensity: 0.45 tCO2e/$MEEEuronet WorldwideYear: 2024Scope 1: 4,113 tCO2eRevenue: $M 3,990Scope 1 Intensity: 1.03 tCO2e/$MACI WorldwideYear: 2023Scope 1: 663 tCO2eRevenue: $M 1,453Scope 1 Intensity: 0.46 tCO2e/$MUiPathYear: 2024Scope 1: 649 tCO2eRevenue: $M 1,430Scope 1 Intensity: 0.45 tCO2e/$MSynopsysYear: 2024Scope 1: 2,273 tCO2eRevenue: $M 6,127Scope 1 Intensity: 0.37 tCO2e/$MNutanixYear: 2024Scope 1: 331 tCO2eRevenue: $M 2,149Scope 1 Intensity: 0.15 tCO2e/$MGen DigitalYear: 2025Scope 1: 414 tCO2eRevenue: $M 3,935Scope 1 Intensity: 0.11 tCO2e/$MGoDaddyYear: 2024Scope 1: 832 tCO2eRevenue: $M 4,574Scope 1 Intensity: 0.18 tCO2e/$MF5Year: 2024Scope 1: 872 tCO2eRevenue: $M 2,817Scope 1 Intensity: 0.31 tCO2e/$MBlockYear: 2023Scope 1: 855 tCO2eRevenue: $M 21,917Scope 1 Intensity: 0.04 tCO2e/$MNetAppYear: 2025Scope 1: 2,310 tCO2eRevenue: $M 6,572Scope 1 Intensity: 0.35 tCO2e/$MOracleYear: 2025Scope 1: 27,532 tCO2eRevenue: $M 57,394Scope 1 Intensity: 0.48 tCO2e/$MTeradataYear: 2024Scope 1: 359 tCO2eRevenue: $M 1,750Scope 1 Intensity: 0.21 tCO2e/$MRRRackspace TechnologyYear: 2024Scope 1: 630 tCO2eRevenue: $M 2,737Scope 1 Intensity: 0.23 tCO2e/$MInformaticaYear: 2024Scope 1: 1,209 tCO2eRevenue: $M 1,640Scope 1 Intensity: 0.74 tCO2e/$MDropboxYear: 2024Scope 1: 515 tCO2eRevenue: $M 2,548Scope 1 Intensity: 0.20 tCO2e/$MPayoneer GlobalYear: 2024Scope 1: 452 tCO2eRevenue: $M 721Scope 1 Intensity: 0.63 tCO2e/$MZZZuoraYear: 2024Scope 1: 157 tCO2eRevenue: $M 432Scope 1 Intensity: 0.36 tCO2e/$MAkamai TechnologiesYear: 2024Scope 1: 45 tCO2eRevenue: $M 3,982Scope 1 Intensity: 0.01 tCO2e/$MMongoDBYear: 2024Scope 1: 326 tCO2eRevenue: $M 2,006Scope 1 Intensity: 0.16 tCO2e/$MPalantir TechnologiesYear: 2024Scope 1: 22 tCO2eRevenue: $M 2,857Scope 1 Intensity: 0.01 tCO2e/$MProgress SoftwareYear: 2024Scope 1: 62 tCO2eRevenue: $M 753Scope 1 Intensity: 0.08 tCO2e/$M

How does Progress Software's GHG emissions intensity compare to its peers?

In 2024, Progress Software reported a Scope 1 emissions intensity of 0.08 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.23, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Progress Software rank on GHG emissions intensity within its industry?

In 2024, Progress Software ranked 5 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Progress Software among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Progress Software's Total Carbon Footprint

In 2024, Progress Software reported a total carbon footprint of 4,389.257 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.91% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Progress Software's total carbon footprint was Scope 3 emissions, accounting for 61.63% of the company's total carbon footprint, followed by Scope 2 emissions at 36.96%.a

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