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.
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 40 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Albany International Corp. reported total carbon emissions of approximately 56,413,000 kg CO2e, comprising 19,176,000 kg CO2e from Scope 1, 37,237,000 kg CO2e from Scope 2, and 56,413,000 kg CO2e from Scope 3 emissions. This reflects a slight decrease in total emissions compared to previous years, with 2022 emissions at about 57,756,000 kg CO2e and 2021 at approximately 55,280,000 kg CO2e. Albany has committed to near-term emissions reduction targets, although specific numerical targets have not been disclosed. The company has not yet committed to a net-zero target. Their emissions data indicates a focus on reducing Scope 1 and Scope 2 emissions, which are directly associated with their operations and energy consumption. Overall, Albany International is actively working towards improving its sustainability practices within the electrical equipment and machinery sector, demonstrating a commitment to addressing climate change through emissions tracking and reduction initiatives.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 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.