Albany Engineered Composites, Inc.
Albany Engineered Composites, Inc., commonly referred to as Albany, is a leading player in the advanced materials industry, headquartered in the United States. Founded in 2002, the company has established itself as a pioneer in the development and manufacturing of composite materials, primarily serving the aerospace and defence sectors. With operational facilities across key regions in the US, Albany focuses on producing high-performance composite structures that are lightweight yet robust, catering to the stringent demands of modern aviation. Their innovative products, including advanced composite components and assemblies, are distinguished by their superior strength-to-weight ratio and durability. Albany's commitment to quality and innovation has positioned it as a trusted partner for major aerospace manufacturers, contributing to significant milestones in the industry. The company continues to push the boundaries of composite technology, solidifying its reputation as a leader in engineered composites.
DitchCarbon Score
How does Albany Engineered Composites, Inc.'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 Textile Manufacturing 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 Engineered Composites, Inc.'s score of 23 is higher than 58% 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 Engineered Composites, Inc.'s reported carbon emissions
In 2023, Albany Engineered Composites, Inc. reported total carbon emissions of approximately 827,218,000 kg CO2e, with emissions distributed across various scopes: 22,371,000 kg CO2e for Scope 1, 53,607,000 kg CO2e for Scope 2, and the majority, 827,218,000 kg CO2e, attributed to Scope 3 emissions. This represents a slight increase from 2022, where total emissions were about 704,387,000 kg CO2e, with Scope 1 and Scope 2 emissions recorded at 20,502,000 kg CO2e and 46,695,000 kg CO2e, respectively. Despite the lack of specific reduction targets or initiatives disclosed, Albany Engineered Composites, Inc. is a current subsidiary of Albany International Corp., which may influence its climate commitments and reporting practices. The emissions data cascaded from Albany International Corp. reflects the broader corporate strategy towards sustainability, although specific targets from the Science Based Targets initiative (SBTi) or other climate pledges were not identified. Overall, Albany Engineered Composites, Inc. is actively engaged in monitoring its carbon footprint, with a focus on transparency in emissions reporting, but further details on reduction strategies or commitments remain unspecified.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 20,502,000 | 00,000,000 |
| Scope 2 | 46,695,000 | 00,000,000 |
| Scope 3 | 704,387,000 | 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 Engineered Composites, Inc. is not participating in any 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.
