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 recent years. For the reporting year 2024, the company's Scope 1 emissions were approximately 180,594,000 kg CO2e, and Scope 2 emissions (market-based) were around 161,233,000 kg CO2e. Scope 3 emissions, specifically business travel, were reported at approximately 1,879,000 kg CO2e.
In 2023, Hexcel's Scope 1 emissions were approximately 185,455,000 kg CO2e, with Scope 2 (market-based) at approximately 164,115,000 kg CO2e. Business travel Scope 3 emissions were about 1,990,000 kg CO2e.
For 2022, Scope 1 emissions were approximately 188,140,000 kg CO2e, and Scope 2 (market-based) were about 167,876,000 kg CO2e. Scope 3 data was not disclosed for this year.
In 2021, Hexcel reported Scope 1 emissions of approximately 139,442,000 kg CO2e and Scope 2 (market-based) emissions of around 127,053,000 kg CO2e. Scope 3 data was not disclosed.
Hexcel has set a target for a 30% reduction in Scope 1 and Scope 2 greenhouse gas emissions intensity by 2030, using 2023 as a baseline. Additionally, the company is aiming for a 30% absolute reduction in greenhouse gas emissions by 2030. Hexcel's emissions data is not cascaded from a parent or related organisation, and the company is the source of its performance data.
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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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