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Carpenter Technology
Carpenter Technology Corporation, commonly referred to as Carpenter, is a leading player in the specialty metals industry, headquartered in the United States. Founded in 1889, the company has established a strong presence in key operational regions, including North America and Europe, focusing on the production of high-performance alloys and advanced materials. Carpenter's core offerings include stainless steels, titanium alloys, and other engineered materials, which are renowned for their exceptional quality and performance in demanding applications. The company has achieved significant milestones, including innovations in additive manufacturing and a commitment to sustainability, positioning itself as a trusted partner in industries such as aerospace, automotive, and medical. With a robust market position, Carpenter Technology continues to set benchmarks in material science and engineering excellence.
DitchCarbon Score
How does Carpenter Technology'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 Electrical Machinery 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
Carpenter Technology's score of 29 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Carpenter Technology's reported carbon emissions
In 2023, Carpenter Technology Corporation reported total carbon emissions of approximately 307,000,000 kg CO2e, comprising about 274,000,000 kg CO2e from Scope 1 emissions and about 33,000,000 kg CO2e from Scope 2 emissions. This marks an increase from 2022, when the total emissions were about 286,000,000 kg CO2e, with Scope 1 at approximately 258,000,000 kg CO2e and Scope 2 at about 28,000,000 kg CO2e. Over the past few years, Carpenter Technology has shown a trend of increasing emissions, with 2021 emissions at about 267,000,000 kg CO2e, 2020 at approximately 260,000,000 kg CO2e, and 2019 at around 350,000,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. Despite the lack of specific reduction targets or initiatives, Carpenter Technology is committed to addressing climate change through various sustainability efforts. However, no formal climate pledges or SBTi (Science Based Targets initiative) reduction targets have been reported. The emissions data is sourced directly from Carpenter Technology Corporation, with no cascaded data from a parent or related organization. Overall, Carpenter Technology's emissions reflect the challenges faced by the steel industry in reducing carbon footprints, highlighting the need for ongoing commitment to sustainability and emissions reduction strategies.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 299,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 51,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
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.
Carpenter Technology 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.
