Hexcel Corporation
Hexcel Corporation, a leading global provider of advanced composite materials, is headquartered in the United States. Founded in 1948, the company has established a strong presence in key operational regions, including Europe and Asia, serving diverse industries such as aerospace, automotive, and wind energy. Specialising in carbon fibre, honeycomb, and prepreg materials, Hexcel's innovative products are renowned for their lightweight and high-strength properties, making them essential for modern engineering applications. The company has achieved significant milestones, including partnerships with major aerospace manufacturers, solidifying its position as a market leader. With a commitment to sustainability and cutting-edge technology, Hexcel continues to push the boundaries of composite solutions, contributing to advancements in performance and efficiency across various sectors.
DitchCarbon Score
How does Hexcel Corporation's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Plastic production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Hexcel Corporation's score of 12 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hexcel Corporation's reported carbon emissions
In 2023, Hexcel Corporation reported total carbon emissions of approximately 185,002,000 kg CO2e for Scope 1 and 155,978,000 kg CO2e for Scope 2 (market-based). This reflects a slight decrease from 2022, where emissions were about 188,140,000 kg CO2e for Scope 1 and 150,186,000 kg CO2e for Scope 2 (market-based). Over the past few years, Hexcel has demonstrated a commitment to reducing its carbon footprint, with emissions for Scope 1 and 2 combined showing a downward trend from 2020, when they were approximately 129,310,000 kg CO2e for Scope 1 and 106,493,000 kg CO2e for Scope 2 (market-based). Despite these reductions, Hexcel has not set specific science-based targets (SBTi) or documented reduction initiatives. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. Hexcel's emissions data is not cascaded from any parent organization, indicating that the figures are independently reported. Overall, while Hexcel Corporation has made strides in reducing its direct emissions, further commitments and transparency regarding future climate initiatives and targets would enhance its sustainability profile.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 196,449,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 183,699,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hexcel Corporation is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
