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 94% 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 817,457,000 kg CO2e. This figure includes 31,085,000 kg CO2e from Scope 1 emissions, 55,588,000 kg CO2e from Scope 2 emissions, and a significant 730,702,000 kg CO2e from Scope 3 emissions. The combined Scope 1 and 2 emissions totalled about 86,673,000 kg CO2e. Comparatively, in 2023, Albany's total emissions were about 903,196,000 kg CO2e, with Scope 1 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 of approximately 85,739,000 kg CO2e from 2023 to 2024. Albany has committed to near-term carbon reduction targets, although specific numerical targets have not been disclosed. The company has not yet committed to a net-zero target. Their emissions data reflects a focus on reducing their carbon footprint, particularly in Scope 3 emissions, which represent the majority of their total emissions. Overall, Albany International Corp. is actively engaged in addressing its carbon emissions, with a commitment to sustainability in the electrical equipment and machinery sector.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 21,116,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 47,929,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 69,045,000 | 00,000,000 | 000,000,000 | 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.
