Albany International Corp., commonly referred to as Albany, is a leading global provider of advanced textiles and materials, headquartered in Rochester, New York. Established in 1895, the company has expanded its operations across North America, Europe, and Asia, solidifying its presence in the industrial and aerospace sectors. Albany specializes in engineered fabrics and composite materials, offering innovative solutions that enhance performance and durability. Their unique product lines, including paper machine clothing and aerospace components, are designed to meet the rigorous demands of various industries. With a commitment to sustainability and technological advancement, Albany has positioned itself as a market leader, recognised for its exceptional quality and customer service. Notable achievements include significant contributions to the aerospace industry, underscoring Albany's role as a key player in the global materials market.
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.
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.
Albany's score of 32 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Albany International Corporation reported total carbon emissions of approximately 56.4 million tonnes CO2e, comprising 19.2 million tonnes CO2e from Scope 1, 37.2 million tonnes CO2e from Scope 2, and 56.4 million tonnes CO2e from Scope 3 emissions. This reflects a slight decrease in Scope 1 emissions compared to 2022, where they were about 20.4 million tonnes CO2e, and a reduction in Scope 2 emissions from approximately 37.4 million tonnes CO2e. Over the past few years, Albany has demonstrated a commitment to reducing its carbon footprint. In 2021, the company achieved a total of about 57.8 million tonnes CO2e in Scope 1 and 2 emissions, which decreased to approximately 56.4 million tonnes CO2e in 2023. This indicates a positive trend towards emission reduction. Albany has set near-term reduction targets, although specific numerical goals have not been disclosed. The company is actively engaged in climate initiatives, as evidenced by its participation in the CDP (formerly Carbon Disclosure Project), where it has received varying scores, indicating ongoing efforts to improve its sustainability practices. While Albany has not committed to a net-zero target, it continues to work on reducing its emissions and enhancing its sustainability strategies within the electrical equipment and machinery sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 21,116,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 47,929,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 69,045,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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 committed to some 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.