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 37 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Plastic production is among the most carbon-intensive industries
Industry performance
The Plastic production industry has reduced its overall emissions by 35% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hexcel Corporation's reported carbon emissions
Hexcel Corporation, headquartered in the US and operating within the plastics, basic industry, has reported its greenhouse gas emissions for several years. For the reporting year 2024, Hexcel's total Scope 1 and 2 emissions, using the location-based method, were approximately 335.3 million kg CO2e. Scope 1 emissions for 2024 totalled about 180.6 million kg CO2e, while Scope 2 emissions (market-based) were approximately 161.2 million kg CO2e. Scope 3 emissions are partially disclosed, with business travel accounting for about 1.9 million kg CO2e in 2024. In 2023, total Scope 1 and 2 emissions (location-based) stood at roughly 335.3 million kg CO2e, with Scope 1 emissions at approximately 185.5 million kg CO2e and Scope 2 (market-based) at around 164.1 million kg CO2e. Business travel Scope 3 emissions were about 2.0 million kg CO2e. Looking back to 2022, Hexcel reported Scope 1 and 2 emissions (location-based) of approximately 338.1 million kg CO2e. Scope 1 emissions were about 188.1 million kg CO2e, and Scope 2 (market-based) emissions totalled approximately 167.9 million kg CO2e. Scope 3 emissions were not disclosed for this year. Hexcel has set climate commitments, including a near-term target to achieve a 30% reduction in Scope 1 and 2 greenhouse gas emissions intensity by 2030, compared to a 2023 baseline. The company is also working towards a 30% absolute reduction in greenhouse gas emissions by 2030. These targets are reported to be on track for the near term. Hexcel's reporting covers Scopes 1, 2, and partially Scope 3, with missing data points for purchased goods and services, and waste generated in operations.
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Hexcel Corporation’s Climate Goals (2030 & 2050)
5 goals2030
30% reduction in all scopes
30% reduction greenhouse gas emissions
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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Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Hexcel Corporation
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