Albany
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 68% 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 813,000,000 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 908,000,000 kg CO2e. Over the past few years, Albany has demonstrated a commitment to reducing its carbon footprint, with near-term targets classified as "Committed" under the Science Based Targets initiative (SBTi). However, the company has not yet set a net-zero target. The emissions data is sourced directly from Albany International Corp., with no cascaded data from a parent or related organization. Albany operates within the Aerospace and Defence sector, and its emissions intensity has been reported as approximately 0.00066 kg CO2e per USD of revenue for 2024. The company continues to focus on sustainability initiatives, although specific reduction targets have not been disclosed.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 20,502,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 46,695,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 704,387,000 | 000,000,000 | 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.
Albany is participating in some 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.
