Howmet Aerospace
Howmet Aerospace Inc., headquartered in the United States, is a leading player in the aerospace and defence industry, specialising in advanced engineered solutions. Founded in 1888, the company has evolved significantly, marking key milestones in innovation and sustainability. With major operational regions across North America, Europe, and Asia, Howmet Aerospace focuses on producing high-performance metal components and systems, particularly in the areas of aerospace fasteners, turbine engines, and additive manufacturing. What sets Howmet apart is its commitment to cutting-edge technology and sustainable practices, ensuring that its core products meet the rigorous demands of the aerospace sector. The company holds a strong market position, recognised for its contributions to both commercial and military aviation, and has achieved notable accolades for its advancements in lightweight materials and manufacturing processes.
DitchCarbon Score
How does Howmet Aerospace'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.
Industry Average
Mean score of companies in the Air Transport 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.
Industry Benchmark
Howmet Aerospace's score of 20 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Howmet Aerospace's reported carbon emissions
In 2023, Howmet Aerospace reported total greenhouse gas emissions of approximately 2,634,000,000 kg CO2e, comprising 390,000,000 kg CO2e from Scope 1 and 2,240,000,000 kg CO2e from Scope 3 emissions. This marked a slight increase in Scope 1 emissions from 2022, where they were 380,000,000 kg CO2e, while Scope 3 emissions also rose from 1,950,000,000 kg CO2e in the previous year. Howmet has set ambitious climate commitments, aiming for a 21.5% reduction in absolute Scope 1 and Scope 2 emissions by 2024, using 2019 as the baseline year. Additionally, the company has committed to a more significant target of a 33.6% reduction in combined Scope 1 and Scope 2 emissions by 2027, equating to approximately 339,952 metric tons of CO2e. Looking further ahead, Howmet aims to achieve net zero emissions by 2050, necessitating an annual reduction of 4.2% from their 2019 emissions levels. These commitments reflect Howmet's proactive approach to addressing climate change and reducing its carbon footprint in the aerospace industry.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,020,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 600,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | - | - | - | - |
| Scope 3 | 1,940,000,000 | 0,000,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Howmet Aerospace 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.
