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Hexcel Corporation, a leading player in the plastics and basic materials industry, is headquartered in the United States. Founded in 1948, Hexcel has established itself as a pioneer in advanced composite materials, primarily serving the aerospace, automotive, and industrial sectors. With a strong operational presence across North America, Europe, and Asia, the company has achieved significant milestones, including innovations in carbon fibre and resin systems.
Hexcel's core offerings include high-performance composite materials that are renowned for their lightweight and strength properties, making them essential for modern engineering applications. The company’s commitment to sustainability and technological advancement has positioned it as a market leader, recognised for its contributions to reducing carbon footprints in various industries. With a robust portfolio and a focus on innovation, Hexcel continues to shape the future of composite materials.
+19 vs industry average
Hexcel Corporation’s score of 38 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Plastic production is among the most carbon-intensive industries
The Plastic production industry has reduced its overall emissions by 22% since 2018
Scope 3 accounts for ••• of total emissions.
Hexcel Corporation, a US-based company in the Plastics, basic industry, reported its 2024 global Scope 1 emissions at approximately 180,594,000 kg CO2e and Scope 2 (market-based) emissions at about 161,233,000 kg CO2e. Their Scope 3 emissions from business travel were approximately 1,879,000 kg CO2e for the same year. In 2023, Hexcel's global Scope 1 emissions were around 185,455,000 kg CO2e, with Scope 2 (market-based) emissions at about 164,115,000 kg CO2e, and Scope 3 business travel emissions at approximately 1,990,000 kg CO2e.
Hexcel is committed to reducing its environmental impact. The company has a near-term target to achieve a 30% reduction in greenhouse gas emissions by 2030, with 2023 as the baseline year. Additionally, Hexcel aims for a 30% reduction in Scope 1 and Scope 2 GHG emissions intensity by 2030, also using 2023 as the base year.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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