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 56% 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 333,000,000 kg CO2e for Scope 1 and 30,000,000 kg CO2e for Scope 2, resulting in a combined total of about 307,000,000 kg CO2e. This marks a significant increase from 2022, where emissions were approximately 258,000,000 kg CO2e for Scope 1 and 28,000,000 kg CO2e for Scope 2, leading to a total of about 286,000,000 kg CO2e. Over the past few years, Carpenter Technology has shown a trend of increasing emissions, with 2021 figures at approximately 240,000,000 kg CO2e for Scope 1 and 27,000,000 kg CO2e for Scope 2, totalling around 267,000,000 kg CO2e. In 2020, the company reported about 229,000,000 kg CO2e for Scope 1 and 31,000,000 kg CO2e for Scope 2, culminating in a total of approximately 260,000,000 kg CO2e. The 2019 emissions were even higher, with Scope 1 at about 299,000,000 kg CO2e and Scope 2 at 51,000,000 kg CO2e, leading to a total of around 350,000,000 kg CO2e. Despite the lack of specific reduction targets or initiatives disclosed, Carpenter Technology is committed to addressing its carbon footprint. The company has not reported any Scope 3 emissions, which typically encompass indirect emissions in the value chain. Carpenter Technology's emissions data is not cascaded from any parent organisation, indicating that the figures are solely representative of its own operations. The company continues to engage in sustainability practices, although specific climate pledges or reduction targets have not been outlined.
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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.
