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Firefly Aerospace Inc., a prominent player in the aerospace industry, is headquartered in the United States, with significant operations across various regions. Founded in 2014, the company has rapidly established itself as a leader in the small satellite launch market, focusing on providing reliable and cost-effective launch services. Firefly's flagship product, the Alpha rocket, is designed to deliver payloads to low Earth orbit, catering to the growing demand for satellite deployment. The company distinguishes itself through its innovative technology and commitment to reusability, aiming to reduce launch costs and increase accessibility to space. With a strong emphasis on engineering excellence, Firefly Aerospace has achieved notable milestones, including successful test flights and partnerships with key industry players. As it continues to expand its capabilities, Firefly is well-positioned to play a vital role in the evolving landscape of space exploration and satellite deployment.
How does Firefly Aerospace 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.
Mean score of companies in the Transport Equipment 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.
Firefly Aerospace Inc.'s score of 34 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Firefly Aerospace Inc., headquartered in the US, currently does not have publicly available carbon emissions data for the most recent year. However, the company has outlined significant climate commitments aimed at reducing its environmental impact. Firefly Aerospace has set ambitious long-term targets, including a commitment to achieve a zero environmental footprint by 2050, encompassing all scopes of emissions. Additionally, the company aims to increase the percentage of renewable energy used in its operations to 100% by 2040, specifically targeting Scope 2 emissions. In terms of absolute emissions reductions, Firefly Aerospace plans to reduce its Scope 1 emissions by 72% compared to fiscal 2018 levels by fiscal 2035. Furthermore, the company has set a target to reduce its Scope 3 emissions during product use by 45% compared to fiscal 2018 levels by fiscal 2035. These initiatives reflect Firefly Aerospace's dedication to addressing climate change and reducing greenhouse gas emissions, aligning with industry standards and best practices.
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.
Firefly Aerospace 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.