Albany Sustainability Profile
Albany International Corp., commonly referred to as Albany, is a leading global provider of advanced textiles and materials, headquartered in the United States. Established in 1895, the company has evolved significantly, focusing on the aerospace and industrial markets, with major operations across North America and Europe. Albany is renowned for its innovative products, including engineered fabrics and composite materials, which are distinguished by their durability and performance. The company has achieved notable milestones, such as pioneering advancements in lightweight materials that enhance fuel efficiency in aerospace applications. With a strong market position, Albany International has garnered recognition for its commitment to quality and sustainability, making it a trusted partner in the textile and materials industry. Its dedication to research and development continues to drive growth and innovation, solidifying its reputation as a leader in the field.
DitchCarbon Score
How does Albany'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 Business Services 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
Albany's score of 41 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Albany's reported carbon emissions
In 2024, Albany International Corp. reported total carbon emissions of approximately 786,000,000 kg CO2e, comprising 31,085,000 kg CO2e from Scope 1, 55,588,000 kg CO2e from Scope 2, and 730,702,000 kg CO2e from Scope 3 emissions. This data reflects a commitment to transparency in their environmental impact, with emissions disclosed across all three scopes. Comparatively, in 2023, Albany's total emissions were approximately 836,000,000 kg CO2e, with Scope 1 emissions at 22,371,000 kg CO2e, Scope 2 at 53,607,000 kg CO2e, and Scope 3 at 827,218,000 kg CO2e. This indicates a reduction in total emissions from the previous year. Albany has set near-term climate targets, which are currently classified as "Committed," although they have not specified exact reduction targets or timelines. The company has not committed to a net-zero target as of now. Their climate initiatives are aligned with industry standards, reflecting a proactive approach to managing their carbon footprint within the aerospace and defence sector. The emissions data is sourced directly from Albany International Corp., ensuring accuracy and reliability in their reporting.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 20,126,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 35,154,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Albany's Industry?
How Carbon Intensive is Albany's Location?
Albany's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Albany has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Albany's sustainability data and climate commitments