PX State of The Industry 2025
Based on insights from 600+ lead buyers and sellers, PX’s State of the Industry 2025 reveals key trends, challenges, and winning strategies in the...
PX is now carbon neutral. The team planted 1250 trees in degraded lands of Veraguas, Panama to offset our emissions.
At PX, growth has always gone hand in hand with responsibility. We have been fortunate with what we have built, and becoming carbon neutral is our way of giving something back. This is not only about planting trees, it is about making our progress count for more than revenue.
Eight years ago, we started quietly planting trees to balance out PX’s emissions. Over time, this small step added up to more than 17,500 trees. This year, we felt it was time to take the next step: to partner with PlusTrees in their ambitious goal of planting one million trees. It is a big number, but we believe this is the right moment to scale.
The starting point was measurement. We worked backward to calculate our carbon footprint from the activities that keep PX running, like:
Type of emission |
Yearly CO2 emissions in tons |
Cloud compute (Azure) |
7,8 |
Computer use |
4,3 |
Office - Panama |
14 |
Office - New York |
9 |
Office - Netherlands |
4 |
Average commute (home-office) |
9 |
Total travel (flights) |
85,45 |
Other (estimated) |
190,00 |
Total tonnes of Co2 |
323,15 |
For this initiative, we partnered with PlusTrees. The collaboration gave us both the structure and the on-the-ground expertise needed to make our offsets real.
The idea was simple: plant trees for every tonne of carbon we produce, and do it in a way that involves not just PX, but also our clients. Many of the trees planted this year were on behalf of the partners we work with daily, making them part of our progress and tying their success to something that will keep growing for decades.
The plantation took place in Veraguas, Panama, on land that had been degraded by years of deforestation and poor soil use. Planting here restores soil, supports local jobs, and advances five UN Sustainable Development Goals: Climate Action, Life on Land, Decent Work & Growth, Sustainable Communities, and Partnerships for the Goals.
On August 20, 2025, thirty-one of us traveled to the plantation site. Over the course of that day, we planted 1,250 Caribbean Pine (Pinus caribaea) saplings, a species chosen for its resilience and ability to thrive in the region’s soil conditions. Caribbean Pine grows quickly, can live for more than 80 years, and captures significant carbon while restoring degraded land.
It was hard work under the tropical sun: dig the hole, place the sapling, cover it with soil, and move on to the next. But in the end, it filled everyone with pride and joy of leaving behind more than footprints.
In total, this drive helped restore 0.8 hectares of land, roughly the size of one and a half football fields.
One team member summed it up simply:
"It was hot, it was hard work, and I'd do it again in a heartbeat. That moment when I stepped back and saw a full row of saplings, it felt like I left something lasting behind."
— Jose Diaz, Product Manager
This plantation drive offset PX’s footprint and brought us to a new milestone: PX is now a carbon neutral company.
But carbon neutrality is not the finish line. We will continue to reduce our emissions where possible, travel smarter, and make better energy choices. Offsetting is how we take responsibility for what remains.
The road ahead is clear: we will keep planting and keep scaling toward our one million tree goal. If you would like to be part of this effort, you can join us through PlusTrees.
We captured the day in photos and a short film, including drone footage of the plantation site. They tell the story better than words can.
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