Gkn Powder Metallurgy Sustainability Profile
GKN Powder Metallurgy, a leading player in the powder metallurgy industry, is headquartered in the United States and operates extensively across Europe and Asia. Founded in the early 20th century, the company has established itself as a pioneer in advanced manufacturing techniques, focusing on the production of high-performance metal components. Specialising in automotive, aerospace, and industrial applications, GKN Powder Metallurgy offers a diverse range of core products, including sintered components and additive manufacturing solutions. Their commitment to innovation and sustainability sets them apart in a competitive market. With a strong market position, GKN Powder Metallurgy has achieved notable milestones, including significant advancements in lightweight materials and complex geometries, making them a trusted partner for global manufacturers seeking cutting-edge solutions.
DitchCarbon Score
How does Gkn Powder Metallurgy'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 Other Services 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
Gkn Powder Metallurgy's score of 67 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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GKN Powder Metallurgy, headquartered in the US, has committed to achieving net-zero carbon emissions across all scopes by 2050. This commitment is part of their long-term strategy, with targets set through the Science Based Targets initiative (SBTi). The company has been proactive in establishing these targets since 2023, demonstrating a clear commitment to climate action. While specific emissions data for GKN Powder Metallurgy is currently unavailable, the company is a current subsidiary of GKN Powder Metallurgy, Inc., which may influence its climate strategies and reporting. The emissions data and performance metrics are cascaded from the parent company, Dowlais Group plc, indicating a structured approach to sustainability within the corporate family. GKN Powder Metallurgy's initiatives align with industry standards, reflecting a growing trend among companies in the automobiles and components sector to prioritise environmental responsibility. The commitment to net-zero emissions underscores their dedication to reducing their carbon footprint and contributing to global climate goals.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 138,998,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 199,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 23,055,646,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Gkn Powder Metallurgy's Industry?
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Gkn Powder Metallurgy's Scope 3 Categories Breakdown
Gkn Powder Metallurgy's Scope 3 emissions, which increased by 8% last year and decreased by approximately 33% since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 80% of Scope 3 emissions.
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Gkn Powder Metallurgy's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Gkn Powder Metallurgy has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
