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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.
+14 vs industry average
Hexcel Corporation’s score of 33 is higher than 56% 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 global carbon emissions for 2024. In 2024, the company's Scope 1 emissions were approximately 180,594,000 kg CO2e, and its Scope 2 emissions (market-based) were around 161,233,000 kg CO2e. Additionally, Scope 3 emissions from business travel were approximately 1,879,000 kg CO2e.
Looking back, in 2023, Hexcel's global Scope 1 emissions were about 185,455,000 kg CO2e, with Scope 2 emissions (market-based) at approximately 164,115,000 kg CO2e and Scope 3 business travel emissions at around 1,990,000 kg CO2e. For 2022, the company disclosed Scope 1 emissions of roughly 188,140,000 kg CO2e and Scope 2 emissions (market-based) of approximately 167,876,000 kg CO2e.
Hexcel Corporation has established several climate commitments. The company aims for a 30% reduction in overall greenhouse gas emissions by 2030, with 2023 as the base year. Furthermore, Hexcel is targeting a 30% reduction in Scope 1 and Scope 2 GHG emissions intensity by 2030, also using 2023 as the baseline.
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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