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. Carpenter is renowned for its innovative solutions in the production of high-performance alloys, including stainless steels, titanium, and nickel-based alloys, catering to diverse sectors such as aerospace, medical, and energy. With a commitment to quality and sustainability, Carpenter Technology has achieved significant milestones, including advancements in additive manufacturing and powder metallurgy. The company’s core offerings are distinguished by their exceptional strength, corrosion resistance, and reliability, positioning Carpenter as a trusted partner in critical applications. Recognised for its technological leadership, Carpenter continues to set industry standards, solidifying its market position as a premier supplier of specialty materials.
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 11 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Carpenter Technology's reported carbon emissions
In 2023, Carpenter Technology reported total carbon emissions of approximately 307,064,000 kg CO2e, comprising about 274,064,000 kg CO2e from Scope 1 and about 33,000,000 kg CO2e from Scope 2 emissions. This marks a slight increase from 2022, where total emissions were about 285,590,000 kg CO2e, with Scope 1 emissions at approximately 257,589,000 kg CO2e and Scope 2 emissions at about 28,000,000 kg CO2e. Over the years, Carpenter Technology has shown fluctuations in its emissions. In 2021, the company reported total emissions of about 266,630,000 kg CO2e, with Scope 1 emissions at approximately 239,630,000 kg CO2e and Scope 2 emissions at about 27,000,000 kg CO2e. The trend continued with 2020 emissions at about 260,185,000 kg CO2e, where Scope 1 accounted for approximately 229,185,000 kg CO2e and Scope 2 for about 31,000,000 kg CO2e. In 2019, total emissions were about 350,000,000 kg CO2e, with Scope 1 emissions at approximately 299,000,000 kg CO2e and Scope 2 at about 51,000,000 kg CO2e. Despite these figures, Carpenter Technology has not publicly disclosed specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term climate strategy. The company operates within the steel industry, which is known for its significant carbon footprint, highlighting the importance of robust climate action in this sector.
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Add to project| 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 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.
