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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.
+8 vs industry average
Hexcel Corporation’s score of 27 is higher than 51% 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 Scope 1 emissions at approximately 180,594,000 kg CO2e and Scope 2 (market-based) emissions at about 161,233,000 kg CO2e. Limited Scope 3 data for 2024 indicated business travel emissions of around 1,879,000 kg CO2e. For 2023, Scope 1 emissions were approximately 185,455,000 kg CO2e, and Scope 2 (market-based) emissions were about 164,115,000 kg CO2e, with Scope 3 business travel emissions at roughly 1,990,000 kg CO2e.
Hexcel has set a near-term target to achieve a 30% reduction in overall greenhouse gas emissions between 2023 and 2030. Additionally, the company aims for a 30% reduction in Scope 1 and Scope 2 GHG emissions intensity within the same timeframe, from 2023 to 2030.
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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