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 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 22% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hexcel Corporation's reported carbon emissions
Hexcel Corporation, based in the US and operating within the Plastics, basic industry, has reported its greenhouse gas emissions. 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 about 161,233,000 kg CO2e. Scope 3 emissions, specifically business travel, amounted to approximately 1,879,000 kg CO2e. The total combined Scope 1 and 2 emissions for 2024 (location-based) were approximately 335,329,000 kg CO2e.
In 2023, Hexcel Corporation's Scope 1 emissions were approximately 185,455,000 kg CO2e, and Scope 2 emissions (market-based) were about 164,115,000 kg CO2e. Their Scope 3 business travel emissions were approximately 1,990,000 kg CO2e. Total combined Scope 1 and 2 emissions for 2023 (location-based) were approximately 335,349,000 kg CO2e.
For 2022, Scope 1 emissions were around 188,140,000 kg CO2e, and Scope 2 emissions (market-based) were approximately 167,876,000 kg CO2e. The total combined Scope 1 and 2 emissions for 2022 (location-based) were about 338,142,000 kg CO2e. Notably, Scope 3 data was not disclosed for 2022.
Hexcel Corporation has set climate targets, including a commitment to achieve a 30% reduction in greenhouse gas emissions by 2030, using 2023 as a baseline. This target covers all scopes. Additionally, they aim for a 30% reduction in Scope 1 and Scope 2 greenhouse gas emissions intensity by 2030, also from a 2023 baseline.
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Hexcel Corporation’s Climate Goals (2030 & 2050)
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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Scope 3 top emissions 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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