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 64% 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 31085000 kg CO2e for Scope 1, 55588000 kg CO2e for Scope 2, and 730702000 kg CO2e for Scope 3, amounting to a total of about 816000000 kg CO2e. This represents a slight increase in emissions compared to 2023, where emissions were approximately 22371000 kg CO2e (Scope 1), 53607000 kg CO2e (Scope 2), and 827218000 kg CO2e (Scope 3), totalling around 908000000 kg CO2e. Albany has committed to near-term emissions reduction targets, although specific numerical targets have not been disclosed. The company is actively engaged in sustainability initiatives within the aerospace and defence sector, and its emissions data is not cascaded from any parent organisation, indicating that all reported figures are directly from Albany International Corp. The company has shown a consistent approach to emissions reporting, disclosing data across all three scopes (1, 2, and 3) for the years 2022 to 2024. Their commitment to reducing emissions aligns with industry standards, although they have not yet set a net-zero target.
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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?
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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.
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Frequently Asked Questions
Common questions about Albany's sustainability data and climate commitments