Textron
Textron Inc., a diversified multinational corporation headquartered in the United States, has established itself as a leader in the aerospace and defence, industrial, and finance sectors since its founding in 1923. With a strong presence in North America, Europe, and Asia, Textron operates through well-known brands such as Bell, Cessna, and Textron Systems, offering a wide range of innovative products and services. The company is renowned for its advanced aircraft, military vehicles, and industrial solutions, which are distinguished by their cutting-edge technology and reliability. Textron's commitment to quality and innovation has positioned it as a key player in the global market, achieving notable milestones such as the development of the V-22 Osprey and the Cessna Citation series. With a focus on sustainability and customer satisfaction, Textron continues to drive progress across its diverse business areas.
DitchCarbon Score
How does Textron'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
Textron's score of 18 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Textron's reported carbon emissions
In 2023, Textron reported total carbon emissions of approximately 422,401,000 kg CO2e. This figure includes 240,815,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 180,808,000 kg CO2e from Scope 2 emissions, related to the generation of purchased electricity, steam, heating, and cooling. Additionally, Textron's Scope 3 emissions, which encompass indirect emissions from the value chain, are significant, with notable contributions from categories such as purchased goods and services (533,487,000 kg CO2e) and the use of sold products (1,265,729,000 kg CO2e). Over the years, Textron has made strides in reducing its overall emissions. From 2020 to 2023, the company decreased its total emissions from approximately 535,580,000 kg CO2e to 422,401,000 kg CO2e, reflecting a commitment to improving its environmental impact. However, specific reduction targets or initiatives have not been disclosed, indicating a potential area for future focus. Textron's emissions intensity, measured as greenhouse gas emissions per unit of revenue, has also shown improvement, with a reported intensity of 30.9 kg CO2e per USD in 2023. This metric highlights the company's efforts to decouple emissions from revenue growth. Overall, while Textron has made progress in reducing its carbon footprint, the absence of formal reduction targets suggests that further commitments may be necessary to align with industry standards and climate goals.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 183,644,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 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.
Textron is not committed to any reduction initiatives 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.
